How to Measure and Maximize Value in Talent Acquisition
Meet the Authors
Talent Acquisition is the lifeblood of every organization. Companies need hard-working, dedicated, and motivated people to drive innovation and meet business goals. Yet finding the right talent to fit both the business needs and culture of a given company has proven to be a difficult task.
With the right salary and benefits, organizations are generally able to fill open positions. Yet these companies often struggle to ensure that the person who is joining the organization will be a match for the overall culture and help leadership build towards the future. Companies need to improve talent acquisition intelligence to make sure that positions are filled with the right people.
Making Talent Acquisition More Intelligent
Organizations are beginning to find ways to leverage data to drive ROI within their hiring processes. To help with this overhaul, many are turning to Radancy and its Talent Acquisition Cloud. The solution provides companies with the opportunity to leverage insights from within their own hiring process to drive acquisition ROI and make better hiring decisions.
Radancy’s Talent Acquisition Cloud is a SaaS platform that delivers quantifiable metrics for HR teams. Users can track return on investment, cost per application, cost per hire and more. This allows users to utilize benchmark data and set their own goals to deliver insights that help improve hiring practices.
The platform also offers candidate insights to help support hiring strategies. It offers automation capabilities that uses data from career sites, job seekers, and other performance information. Radancy allows users to enhance insights based on different job sectors, employer information, wages, and more.
By making talent insights more intelligent, companies can reduce the uncertainty that comes with any hiring decision. This helps companies to reduce the costs associated with talent acquisition and find a more qualified candidate in less time, improving ROI.
Meeting the Market
Talent gaps are one of the largest issues that companies face within the SAP landscape. Finding qualified and experienced candidates who are able to leverage advanced technological capabilities like AI, automation, and the cloud, is an essential practice as organizations move to SAP S/4HANA.
While qualifications are certainly important, companies need deeper insights in order to build out a strong and cohesive company culture. Organizations like Radancy help to deliver data-driven intelligence that help companies improve their hiring practices.
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