Cloud Recruitment CRM Can Save Your Business Time and Money

Are you still using sticky notes, emails, and spreadsheets to keep up with your pool of potential talent? If so, it may be hard to keep track of so much essential data. Fortunately, cloud-based candidate relationship management (CRM) can help by saving you both time and money.

Here is how:

Enjoy clear lines of communication

It is 8:00 p.m. and you get a text that one of your top candidates has received another job offer. You contact two members of your team to see how you can win them over. One of them says that this applicant is perfect, but the other thinks that there is a problem. The three of you need to see this prospect’s complete file now so you won’t end up making a hasty decision.

This is not the time to be keying up old HR software from 2002. Cloud-based CRMs create talent dashboards so that candidates can be easily assessed even by phone. The time you save not only takes more off your plate and helps you reach a decision more quickly, but it also prevents you from making costly mistakes.

Improve retention

According to the Harvard Business Review, 80% of all employee turnovers can be traced back to an avoidable miscalculation made during the hiring process. Replacing employees is expensive.

Most CRM systems come with interview programs that ensure you are not overlooking any important aspect of a potential new hire. Best of all, they easily integrate your profession’s standards for objective and measurable comparison. The perfect fit does not happen by accident.

Reach candidates where they are

Most adults spend an average of 38 minutes each day on Facebook. While 94% of recruiters mine social media routinely, only about 39% of all employers think of utilizing these sites even though at least 25% of all job seekers search them.

The big three are Facebook (two billion monthly users), Twitter (310 million per month), and LinkedIn, which has a dedicated job page and subscription option specifically for recruiters.

Cloud recruitment CRMs allow you to interface more efficiently so that professional sites, such as LinkedIn, are easily managed, and candidate-centric recruiting will spark the interest of passive candidates on social media sites, like Facebook and Twitter.

Keep moving in the right direction

Are you following the 80/20 rule? Also known as the Pareto Principle, it states that 80% of your successes come from 20% of your efforts. The utility of this principle is in discovering and focusing on the 20% that works for you.

This ratio may be closer to 90/10 in the job market because it is an aphorism that professional recruiters take very seriously. That is why most CRMs routinely track where your best and most frequent prospects are coming from.

This allows you to view your statistical success rate at the click of a button instead of pulling out spreadsheets and a calculator. This way, you can put your energy into sites that give you the best return.

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