How Yubi Achieved a 5% Increase in Applicant-to-Hire Ratio with Intervue

Company Overview

Yubi, previously known as CredAvenue, is transforming the global debt markets by simplifying the flow of finance between borrowers, lenders, and investors. As a leading platform for discovering, investing in, fulfilling, and collecting debt solutions, Yubi’s rapid global expansion required a well-rounded, skilled technical team to keep pace.

The Challenge

As Yubi expanded, the demand for skilled technical talent became more urgent. But Yubi’s manual hiring methods were slowing them down, making it hard to scale their team. Some of the challenges included:

1. High volume of applicants: Yubi's talent acquisition team, which is limited in size, struggled to manage numerous interview processes simultaneously, causing delays in securing qualified candidates.
2. Longer hiring cycles: The time it took to screen and interview multiple candidates was slowing down the hiring funnel and preventing qualified talent from being hired.
3. Inconsistent candidate evaluation: Yubi sought an unbiased and structured evaluation process to ensure detailed feedback and accurate assessments.
4. Data privacy concerns: Focusing on financial services, Yubi was particularly sensitive to data privacy issues, requiring a solution that maintained strict control over its data throughout the interview process.

Solution: How Intervue.io Transformed Yubi's Hiring

To address these challenges, Yubi integrated Intervue.io, a technical assessment and interview platform designed to streamline the hiring process. Intervue offered several features that helped Yubi overcome its hiring roadblocks:

1. Parallel interview management: Yubi was able to conduct multiple interviews simultaneously, significantly reducing delays in the hiring process.
2. Automated scheduling and feedback: The platform automated key tasks like scheduling interviews, sending reminders, and ensuring consistent follow-ups, while providing real-time feedback to candidates.
3. Accurate technical assessments: Yubi was able to evaluate candidates effectively against the requirements of their technical roles, ensuring better hiring accuracy.
4. Data privacy and security: Intervue.io maintained Yubi’s high data security standards, keeping all interview data secure and accessible only to Yubi’s talent acquisition team.

The Results and Metrics

Since adopting Intervue.io, Yubi has seen remarkable improvements in its technical hiring process:

1. Increased applicant-to-hire ratio: Yubi improved its applicant-to-hire ratio by 5%. Notably, of the 40% of applicants who interviewed via Intervue.io, over 50% advanced to further interview rounds, with an impressive 5% ultimately being hired.
2. Faster time-to-hire: Yubi was able to significantly reduce its hiring cycles, filling critical roles faster, allowing the company to double its engineering team in record time.
3. Better candidate experience: With structured assessments and immediate feedback, Yubi enhanced its candidate's interview experience, contributing to a lower candidate dropout rate.
4. Seamless integration with ATS: Yubi was able to integrate recruitment insights seamlessly into their existing applicant tracking system (ATS), improving process transparency and providing the team with a full view of the hiring pipeline.

What Yubi’s Talent Acquisition Team Says

Niket, the Group Head of Talent Acquisition at Yubi, reflects on the impact Intervue has had on their hiring process:

Moving Forward with an Optimized Hiring Process

Yubi’s success highlights how a user-friendly platform like Intervue.io can transform the hiring process. By using Intervue.io’s tools for managing multiple interviews, role-specific tests, and smooth integrations, Yubi sped up its hiring, improved its candidate-to-hire ratio, and quickly doubled its engineering team.

As Yubi continues to reshape global debt markets, Intervue.io remains a key partner, helping the company attract and keep top tech talent to support its growth.