{"id":918,"date":"2014-08-11T17:58:45","date_gmt":"2014-08-11T17:58:45","guid":{"rendered":"https:\/\/www.bullhorn.com\/?p=918"},"modified":"2014-11-03T13:15:08","modified_gmt":"2014-11-03T18:15:08","slug":"inefficient-recruiting-processes-yield-downtime","status":"publish","type":"post","link":"https:\/\/www.bullhorn.com\/uk\/blog\/inefficient-recruiting-processes-yield-downtime\/","title":{"rendered":"Downtime: Recruiting Agencies’ Dirty Word"},"content":{"rendered":"

Are your firm\u2019s inefficient recruiting processes causing downtime?<\/em><\/p>\n

There\u2019s a word in the recruiting and staffing industry that nobody likes. No one wants to think about it, no one likes to talk about it, and no one really knows a good way to deal with it: downtime. Agency downtime is one of the biggest money-wasters in an organization: it\u2019s those few seconds or minutes lost between tasks, the time it takes your computer to boot when the system crashes, and the time spent running the same candidate search week after week. It might not sound like much, but seconds turn into minutes which turn into hours that can quickly add up, especially across larger organizations where it\u2019s a pervasive problem instead of being limited to just one area or division of the company. The majority of downtime can be classified under three broad umbrellas: lack of automation, inefficient processes, and archaic systems.<\/p>\n

Lack of Automation:<\/span> The majority of perm placement recruiters will tell you that the mechanics of what they do aren\u2019t rocket science: you bring on a client, get a job requisition, post said requisition, find a pool of suitable applicants, submit said applicants to client, and cross your fingers that the stars have aligned and client and candidate match up. But many firms don\u2019t have the tools to automate this process \u2013 smaller staffing agencies may use Excel to store their data. Other agencies may have an ATS but still require candidates to fill out paper forms with their resume information and then manually enter that data into their system. If you crunch the numbers:<\/p>\n\"downtime1_0\"<\/a>\n

These are conservative numbers. For any firm with more 10 recruiters, all this time equates to hundreds of thousands of dollars lost per year on simple data entry alone. Additionally, agencies that specialize in temp and contract placements can be missing out on major opportunities at the other end of the automation spectrum: many firms are ignoring a huge revenue source because they don\u2019t have access to job requisitions through Vendor Management Systems (VMS). A VMS automates hiring companies\u2019 process of procuring contingent staffing labor, enabling them to post a high volume of temp and contract reqs to numerous staffing agencies, who can compete to fill them. A VMS integration solution that connects VMS solutions to staffing agency Recruitment CRM<\/a> systems automatically alerts recruiters to new and updated job orders in the VMS, which reduces the time spent looking for jobs and cutting and pasting information into the CRM. Bullhorn already offers solutions to each of these problems:<\/p>\n