Joveo, the only programmatic job advertising technology of its kind, announced a new feature set centered around automation and spend management for recruitment marketing agencies, RPOs, staffing agencies, and job boards.
These breakthrough features are designed to make everyday tasks and optimizations faster and more responsive, enabling clients to manage 3x the amount of campaigns and increasing their ROI by up to 90%.
Algorithmic Bidding
First to introduce machine learning and algorithmic bidding software, Joveo is able to ensure client hiring goals are met efficiently and effectively. Joveo’s groundbreaking Autopilot technology allows users to automate tasks like optimizing bids, enabling and disabling publishers and managing budgets with customizable rules which run for the life-cycle of the campaign. Media buyers have been able to cut their setup time by more than 50% allowing them to focus on building client relationships and growing their business.
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Budget Management
Using configurable budget threshold setups and by Joveo providing latent click information, advertisers can easily fine- tune their budget thresholds by publisher. This helps ensure that budgets are met accurately within +/- 2% of spend goals.
Job Expansion
Joveo’s “Job Expansion” feature allows users to automatically expand their audience by including new (or widely used) job titles and locations with minimum effort, thus increasing the reach and number of applicants.
Earlier this year, Joveo raised $5 million in a series A round from Nexus Venture partners. “As promised, we have used the funding to continue to accelerate our product offerings, expand our partnerships and scale our AI/deep learning layer.” said Jahangir Mohammed, Head of Product and Engineering. “What you see here is the result of continued consultation with our customers to define which features would best assist them as they grow their businesses.”
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