The Latest Buzz in Our HR Department

We’ve revolutionized our hiring process! After posting a job, we’re now able to streamline our recruitment within minutes using cutting-edge software.

This innovative tool has effectively reduced our HR assistants from six to just one. The algorithm generates customized scripts for screening and interviewing candidates, assessing their communication skills, tone, technical abilities, and cultural fit. It then cross-checks this data with their resumes to verify authenticity and offers a shortlist of the top applicants that meet our criteria.

As a result, five of our former HR assistants have transitioned into more strategic roles, significantly boosting our monthly recurring revenue (MRR).

My talent acquisition leaders now have an efficient co-pilot that handles tasks previously performed by assistants, allowing them to focus on higher-level responsibilities.

This transformation was essential, as our team leaders were spending an excessive amount of time on the administrative side of recruitment. I’ve had enough of dealing with profit-driven agencies that provide subpar candidates, which often lead to wasting HR hours.

Here are the key benefits we’ve experienced:

  1. Cost Savings: We’ve saved over $20,000 in agency fees, while reallocating assistant salaries to revenue-generating positions.
  2. Enhanced Efficiency: Our time to hire has dramatically decreased from 32 days to just 9 since December 24.
  3. Improved Quality: By concentrating on finding the ideal fit, we’ve successfully filled 15 roles since December, with a target of 80 to 140 by year’s end.
  4. Revenue Impact: Of the five Account Executive positions we’ve filled, they’ve already generated a combined $1.1 million in revenue this year. Given our fintech context, this is significant, saving us an estimated $150,000 in lost revenue for each vacant position.

I’m committed to transforming our hiring strategy by adopting innovative solutions and shifting from a reactive to a proactive hiring model. After months of searching, we’ve finally contracted with a platform that meets our needs.

So, I’d love to hear from anyone else undergoing a similar transition—how has your experience been? Our board is thrilled with these changes, and I’m curious if other companies would also embrace software that manages the bulk of the early-stage hiring process!