Recruiters are drowning in dirty data, and often spending up to 20% of their day either adding it to their Recruitment CRM, or trying to find it. Then spending even more time and money going “outside” to look for what they already have.
72% of candidates placed are with data you have on your CRM… but still I’m asked:
What makes a great recruitment tech stack?
What can I do to clean up my recruitment data?
Well, it starts with CV parsing.
CV Parsing for Increased Sales and Productivity
The data that we have in our recruitment systems is often costing us money rather than making us money. We drown in it rather than using to it be more productive. We even as an industry become addicted to data outside of our recruitment CRM as we suffer massively from FOMO (fear of missing out).
But the stats speak for themselves:
Data on average decays at a rate of about 20% a year, so a fifth of your data at the end of this year will be worthless to you.
Recruiters are spending way too much time adding data to a system on average, around 20% of their day.
Nearly a third of recruitment leaders are worried that the data on their systems is not worth any money.
Recruitment Data by 2025
So what's the point of recruitment data? By 2025, the majority of the sales made will be based on the data as opposed to simply our experience in the recruitment market.
So, recruiters, your data is more important than it has ever been. And even now, it should be used to sell and drive productivity.
Recruiters can increase sales by 29% if they use their CRM and their data effectively,
They can also increase their productivity by around 30%, if not more.
So what you need is a recruitment database that is as clean as you can get it, but not simply by wasting lots of time cleaning it up… This will stop crucial phone and face (and sales) time!
CV parsing is absolutely critical for you to run your recruitment business, operate your desk, and it gives you time back to spend on the phone and face with your candidates and clients. So check out Daxtra’s fantastic Ultimate Guide to CV/Resume Parsing.
Watch Lisa's Talk on Cleaning Dirty Data Through CV Parsing
Plus, our Daxtra tips and tricks on Recruitment HIIT will help you improve your sourcing and matching so you can improve your speed and engage/nurture/place the best candidates!
Drive Your Sales With Recruitment HIIT
Our high intensity interval training - Recruitment HIIT - helps recruiters and resourcers source, convert quicker and develop healthy pipelines. We aim to save every recruiter and resourcer at least 1 hour per day (6 working weeks a year)- more billing time, more fees!
We’d love you to try Recruitment HIIT for free.
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