Corporate Resource Services Inc. (CRRS) recently acquired U.K.-based FlexPlus. As a result of that acquisition, CFO Michael Golde says Corporate Resource Services will introduce new recruiting process automation software to the U.S. market in 2014. The software, which FlexPlus branded as i-Integra, allows companies to streamline their recruiting processes.
“One of the things it does is it allows someone in-house at a company trying to recruit people to post the job, and that job to be automatically posted to multiple job boards at a reasonably low price through the monthly subscription,” Golde says. “We think that this is going to be very attractive to the marketplace, and we’re excited about bringing it to the U.S. In the U.K., there is a great deal of opportunity, like in the U.S.”
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Golde says FlexPlus has generate $600,000 in revenue since they began selling the i-Integra software to a small U.K.-market. He believes the potential market for the software is large.
“They haven’t even gone south to London yet or to other quarters of the country, so not only is it a great opportunity there, but we are in the process of making that software marketable for the U.S. market, and we’re going to be selling it through our 235 offices,” Golde says. “So there is a tremendous opportunity with that software.”
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