Data has become central to how we run our businesses today. The global business intelligence firm International Data Corporation (IDC) projects spending on data analytics to reach $274.3 billion by 2022.
There are multiple reasons why businesses adopt business intelligence and analytics tools, and how these tools are implemented and used to benefit the operations. All reasons and uses, however, have the common underlying goal to use the data analytics software to turn meaningful data into actionable insights.
Faster and more accurate reporting, analysis, or planning; better business decisions; improved recruitment metrics, disciplined sales team, transparent work environment, improved employee satisfaction, and improved data quality top the list of the benefits that a recruitment and staffing company gains from a data analytics software.
The ultimate goal behind these tools is to be able to make better decisions and outperform your competitors, better job orders, faster placements, improved candidate retention, and happier customers!
While the advantages of using business intelligence software for recruitment outweigh the cons, many chose to stay away from the data-driven culture. If you are one of them, click here to find out why the transition is scary for some recruitment companies and how to make it easy.
Spotlight Data Inc. is a business intelligence and data analytics tool for the recruitment and staffing industry. It converts your data into visual actionable insights and reports. Spotlight is the only software that allows customization of the metrics and reports to match your sales and hiring processes.
If transitioning your businesses to a data-driven organization is on your mind, contact us for a demo today.