Spring cleaning for your HR technology
April isn’t just tax season, it’s also the perfect time to audit your recruiting technology for ROI. The average talent acquisition team now uses 8-10 different tech tools. Still, 62% of recruiters report their tech stack creates more problems than it solves. So, what can you do? A little spring cleaning!
Conduct a “usage audit” revealing which features teams actually use (the average ATS utilization is only 41% of available features)
Calculate true cost-per-hire by platform, including hidden costs like training and maintenance
Measure candidate drop-off rates at technology touchpoints (video interviews cause 35% higher drop-off than phone screens)
Track which tools create bottlenecks (the average integration between ATS and HRIS adds 3.7 days to hiring cycles)
Companies performing regular tech audits report 28% lower recruitment technology spend and 15% faster hiring processes. Workday found that eliminating just two redundant recruiting tools saved their clients an average of $76,000 annually.
The most powerful line in your recruiting budget isn’t what you’re adding, it’s what you’re subtracting.