vs.

Better Parallel alternative for AI-assisted recruiting

SquarePeg offers more features, analytics, and unlimited users compared to Parallel, without charging per candidate and providing service flexibility.

SquarePeg vs Parallel features at a glance

SquarePeg has stronger features, offering custom job descriptions, automated sourcing, personalized campaigns, comprehensive applicant evaluation, and detailed reporting analytics - all features that Parallel lacks or charges extra for.

View in-depth comparison
SquarePeg
Parallel
Determining Job Requirements
Creating Job Descriptions
Active Talent Sourcing
Posting to job boards
Managing active sourcing
Passive Talent Sourcing
Identifying passive candidates
Uncovering personal email addresses
Creating passive campaigns
Managing passive campaigns
Following up with prospects
Managing prospects peplies
Talent Screening
Applicant scoring and ranking
In-depth applicant screening
Applicant Tracking
Informing applicants of status
Scheduling interviews
Conducting interviews
Hiring process optimization
Sending Offer Letters
Talent Insights
Sourcing engagement
Job description conversion
Applicant approval rate
URG reporting
Hiring pipeline performance

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As the only recruiter on my team, SquarePeg has been a huge help. I know that I am focused on reviewing the most-qualified candidates.

Justin McDonald
Head of People @ Boxbot

In-depth comparison of SquarePeg vs Parallel

Parallel lacks SquarePeg's comprehensive insights, automated features, custom job descriptions, and free LinkedIn sponsorship, leading to manual work and additional costs.

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Determining Job Requirements

SquarePeg provides insights into the pool of available passive and active talent based on job requirements and targeting criteria. This allows employers to be more strategic and understand the implications of their requirements on available talent.

Parallel does not offer talent availability insights.

Creating Job Descriptions

SquarePeg uses a brief job explanation and the employer's unique value proposition to write custom, high-converting job descriptions. After sourcing starts, SquarePeg shares suggestions for improving the job description based on applicant conversion and campaign replies.

Parallel does not help users write job descriptions.

Active Talent Sourcing

Posting to Job Boards

SquarePeg offers a self-service LinkedIn integration that gives employers the option to post their jobs on SquarePeg's LinkedIn page or the employer's LinkedIn page. All LinkedIn posts are sponsored at no extra cost.

Parallel does not offer job board sponsorship.

Managing Active Sourcing

LinkedIn posts (and passive sourcing campaigns) are tied to the sourcing status of the job in SquarePeg, making it easy to pause both passive and active sourcing.

Parallel does not help with active sourcing.

Passive Talent Sourcing

Identifying Passive Candidates

SquarePeg generates targeting criteria based on an employer's job description and automatically identifies top candidates.

Parallel requires users to enter targeting criteria manually.

Uncovering Personal Email Addresses

SquarePeg automatically finds personal email addresses for passive campaigns and continuously targets new candidates based on applicant volume.

Parallel uncovers personal email addresses, but charges per candidate.

Creating Passive Campaigns

SquarePeg builds a custom sourcing campaign without additional employer input by using the employer's job description and unique value proposition.

Parallel uncovers personal email addresses, but charges per candidate.

Managing Passive Campaigns

SquarePeg's passive sourcing email campaigns (and LinkedIn posts) are tied to the sourcing status of the job in SquarePeg, making it easy to pause both passive and active sourcing.

Parallel offers similar functionality.

Following Up with Prospects

SquarePeg allows users to create email campaigns with multiple sequences and automatically stops the campaign when a prospect replies to an email or applies to the job.

Parallel offers similar functionality.

Managing Prospects Replies

SquarePeg handles replies from prospects and summarizes them, enabling employers to improve their job descriptions if necessary.

Parallel requires users to respond to all campaign replies manually.

Talent Screening

Applicant Scoring and Ranking

SquarePeg only shows employers a stack-ranked list of the top 5% of applicants and provides the option to view applicants below this threshold. Applicants can see where they are in the hiring process and all unreviewed or uncontacted applicants are notified when a job is closed.

Parallel surfaces top applicants, but charges per candidate.

In-Depth Applicant Screening

SquarePeg’s matching algorithm evaluates all applicants equally by taking into account a comprehensive set of factors such as location, willingness to relocate, sponsorship requirements, desired salary, work location preferences, education, relevant skills, startup experience, management levels, work experience, screening questions, and personality traits using a proprietary behavioral assessment.

Parallel offers similar functionality.

Applicant Tracking

Informing Applicants of Status

SquarePeg allows employers to enable customized automated messages to inform applicants of screening decisions. Applicants can see where they are in the hiring process at all times and all unreviewed or uncontacted applicants are notified when a job is closed.

Parallel offers similar functionality.

Scheduling Interviews

SquarePeg allows users to create unlimited message templates and assign them to specific hiring pipeline stages. These templates can include calendar scheduling links to quickly set up interviews with candidates

Parallel offers similar functionality.

Conducting Interviews

SquarePeg provides a discussion area for each job and individual candidate, allowing users to record interview notes and collaborate with the hiring team.

Parallel offers similar functionality.

Hiring Process Optimization

SquarePeg includes hiring pipeline reminders to help users stay on top of time-in-stage. Users receive email notifications if a candidate has stayed in a specific stage for too long. SquarePeg also allows candidates to track their status through a separate candidate portal.

Parallel offers similar functionality.

Sending Offer Letters

SquarePeg's messaging features support attachments, making it easy to send offer letters or any other document to job finalists.

Parallel offers similar functionality.

Reporting and Analytics

Sourcing Engagement

SquarePeg provides conversion analytics for passive sourcing, including email open rates, landing page views, and reply rates. This data helps improve future candidate targeting criteria.

Parallel doesn’t provide insights for passive sourcing.

Job Description Conversion

SquarePeg offers conversion analytics for job descriptions, such as impressions, time-on-page, and the number of views that convert to submitted resumes. This data helps users enhance their job descriptions to improve applicant conversion.

Parallel doesn’t provide insights for applicant conversion.

Applicant Approval Rate

SquarePeg provides users with the percentage of applicants identified as a match by their matching algorithm. This information enables users to refine their candidate targeting criteria.

Parallel doesn’t provide insights for approval rate.

URG Reporting

SquarePeg provides a breakdown of the gender and ethnicity of matched applicants, as well as pass-through rates for the hiring pipeline. This data helps users understand how to better represent underrepresented groups.

Parallel doesn’t provide insights for under-represented groups.

Hiring Pipeline Performance

SquarePeg provides the average time spent by candidates in each hiring stage and the percentage of candidates disqualified or withdrew in each stage. These metrics help optimize key recruiting metrics like time-in-stage and pass-through rate.

Parallel doesn’t provide insights for hiring performance.

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Final Verdict

SquarePeg offers comprehensive functionality including insightful analytics, automated sourcing, custom job descriptions, and does not charge per candidate, unlike Parallel.

Cost
Features
Talent Sourcing
Talent Screening
Applicant Tracking
Talent Insights

SquarePeg offers more comprehensive features, superior active and passive sourcing strategies, and data-driven insights, at a more scalable pricing model.

Cost
Features
Talent Sourcing
Talent Screening
Applicant Tracking
Talent Insights

Parallel lacks detailed analytics, assistance in job description creation, active sourcing management, and charges per matched candidate, unlike SquarePeg.

Don't just take our word for it

Hundreds of teams use SquarePeg to automate sourcing efforts, identify their most qualified applicants, and ensure an effective hiring process.

Justin McDonald
Head of People @ Boxbot

As the only recruiter on my team, SquarePeg has been a huge help. I know that I am focused on reviewing the most-qualified candidates.

Brenda Vujanic
Chief Talent Officer @ Benchworks

SquarePeg always provides strong candidates!

Dan Kasper
General Manager @ Instill

SquarePeg is essential for getting the best candidates in the most efficient, cost-effective way with the best candidate experience.

Sejla Avdic
Senior Recruiter @ Ushur

The time savings, visually appealing candidate profiles, high caliber of candidates, and seamless integration with our ATS make it an excellent choice for lean teams.

Ben Margolit
CEO @ Rentgrata

SquarePeg is set-it-and-forget-it. The caliber of candidates is better than we've seen with some of the other recruiting platforms we’ve tried.

Akash Nandi
CEO/Founder @ Tendrel

We needed to rapidly backfill a critical role and SquarePeg helped us pack the funnel, orchestrate interviews, and fill the role in less than 4 weeks.

Kiel
Recruiting Lead @ Outdoorsy

Very intuitive to use and I love seeing a percentage match for each job applicant.

Stefanie
Head of People @ Fulcrum

It’s impressive how accurately SquarePeg matches candidates based on a job description. The whole tool is incredibly easy to use and very cost-effective.

Ross P.
Managing Director @ VentureLane

SquarePeg has helped us find some of the strongest candidates we’ve ever had. Strong candidate quality and quantity.

Lindsey Abarca-Jones
HR @ Collective Liquidity

SquarePeg simplifies the process of recruitment and hiring. We love the assistance in vetting qualified candidates, ultimately saving us time and cost.

Julie Edwards
Chief People Officer

SquarePeg has helped our small team focus on other priorities and increase our hiring efficiency. We’ve made 29 new hires through SquarePeg so far!

Gage Bastian
Talent Acquisition Manager

SquarePeg has an easy-to-use interface with real-time insights and is a seamless extension of our ATS, promoting a positive candidate experience.

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