The Covey team goes the extra-mile to fully understand what we're looking for and adjusts the criteria for our search. I appreciate the amount of calibration we've done for each role.
CUSTOMER STORY
How Vareto increased recruiter productivity by 138%
Vareto is a modern strategic finance platform that powers company planning, reporting, and operational decision-making, with onboarding in days, not months. Built for enterprise and growth-stage companies alike, Vareto is the secure finance platform that FP&A teams and their business partners want to work in due to its intuitive interface, customizable reports and models, and powerful automations and integrations.
The Challenge
Vareto closed its Series A fundraise and was looking to hire aggressively. They started their search for their first recruiter. For a critical hire like this, it took Vareto some time to complete the search. Before they eventually found Sasha Martin as their Head of People and Recruiting, they needed help with recruiting. Vareto onboarded several different staffing firms and didn't get results.
When Sasha joined to build out the recruiting function, she was initially hesitant about using Covey, based on her prior experience with similar tools. . She’s previously used and managed many recruiting tools with mixed results, but the responsiveness of the Covey team compelled her to give it a try.
Fast forward to less than a year later, let us look at some highlights of outcomes that Sasha and her team achieved thanks to Covey.
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Outcomes with Covey
- Increase in recruiter productivity by 38% (35 hours of recruiter productivity saved for each role)
- Vareto hired two engineers and one growth manager through Covey’s One-Click outreach and referral portal.
- A key role, Director of Data Platform, was hired through Covey’s Augmented Sourcing in less than eight weeks. This role had three other agencies working on it concurrently, and none delivered like Covey.
Strategic Finance Platform
Company Highlights
Powers company planning, reporting, and operational decision-making
50+Employees
Series AStage
2020Founded
Include GV and Menlo VenturesInvestors
Benefits of Covey’s augmented sourcing vs. Competitors
✅ Superior ability to filter criteria for candidates
For the Director of Data Platform role, Sasha and the hiring manager had precise criteria they were looking for in candidates, for example:
- Experience at fintech, analytics, and collaboration software companies that were Series B and later
- Experience at PLG companies
- Been in management for at least three years
- Experience with a fast-scaling startup
With Covey, whatever criteria Sasha wanted would stick and work. Covey can fully understand what she was looking for and adjust the targeting of candidates accordingly. Sasha appreciates the calibration done for each role. Whatever she needed, the Covey team made it happen.
Keeping the recruiting team lean and saving money
✅ Time and cost savings
Without Covey’s augmented sourcing, Vareto would have had to hire more people on the recruiting team, which is a considerable expense.
With Covey’s augmented sourcing, Sasha’s team saved ~30 hours per recruiter spent on sourcing for a role. She could keep the recruiting team lean and not drive up overhead costs.
The Covey team is 1000% engaged and responsive. Part of our successful partnership comes from the deep care the Covey team has for its product and customers.
✅ Recruiting expertise & unbeatable customer support
Through Sasha’s vast years of experience in recruiting, she’s tested out many recruiting tools that failed to properly onboard, and hence, they weren’t fully utilized. This is where the Covey team went above and beyond in making sure Sasha’s team didn’t miss any important steps in getting their sourcing fully kicked off. The Covey team had a mutual sense of ownership to ensure success.
✅ Ease of use of software
Sasha found the ease of use of the Covey platform very favorable. “If I receive a response from a candidate, and I mark them as “interested”, by the time I respond to the candidate, they're already in Greenhouse automatically. It takes 30 seconds or so for the candidate to be added. You can have a nice flow with no delays and no waiting around for the candidate import. That's super helpful."
✅ Full control over pipeline and candidate experience
With Covey, Sasha and her team can fully own the tone of their outreach while providing relevant and valuable information to prospective candidates along the way. Compared to agencies that don’t always represent the company or product accurately, this is incredibly important.
The customer success partnership is unbeatable. The Covey team goes the extra-mile to fully understand what we're looking for and adjusts the criteria for our search. I appreciate the amount of calibration we've done for each role. That was incredibly helpful. Whatever adjustment we requested, your team made it happen quickly.
How would life be without Covey?
Without Covey, every recruiting pipeline at Vareto would have to be built manually, which can be very time-consuming. The team needed to grow quickly and Vareto could not afford delays in filling their open positions.