Friday, October 29, 2010

Does Recruitment Software Save Time and Money?

This is one of the most frequently asked questions that I come across while talking to corporates and consultants who are considering a recruitment software to automate their recruitment processes.

They often ask me that considering the present market condition in recruitments, would it be really feasible to buy a recruitment software? How will investing in a recruitment software help me save time? Will it give me a good ROI?

Considering the present market conditions where more and more candidates and open positions are becoming available, an application that helps manage large scale recruitment quickly and efficiently has become indispensable. Hence, whenever there is a requirement or a vacancy to be filled in, the software helps to get you the best candidate on board, without spending a lot of time and effort. Thus, you are quicker in closing positions and have an edge over your competitors who are not using a recruitment software.

The other important question is if it will save money. Recruitment software is surely an investment, but then it also helps reduce recruitment costs considerably. The features offered by recruitment software like a centralized database, candidate interaction history, productivity tools, etc. helps close positions faster or reduces time to hire and reduces recruitment costs involved.

A customer, who was initially reluctant to buy a recruitment software, after installing the software and using it for a while told me, “I have to admit that when I started out in recruitment we didn’t have a recruitment software. In fact, we didn’t even use a computer. What I do remember, is spending hours together going through CV after CV to find the ideal candidate for clients. But now things are different, I am able to find the right candidate profiles quickly and submit them to clients faster.

Investing in the right recruitment software, one that suits your recruitment needs, can definitely help you save time as well as money.

2 comments:

  1. I certainly agree in what you said in your article. Recruitment has taken a huge turn when the recruitment software came into play. A lot of companies are benefitting from this modern day technology of finding the best people for the job they are opening. However, companies must not only invest in the software itself, but also on the people who will be in charge of manipulating the data stored in it. Recruitment software cannot be utilized to its full potential if there’s no one who knows how to use it properly. But all in all, I think having this software can really save a big deal of money and time.

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