SAN MATEO, Calif., June 14, 2012 /PRNewswire/ -- SuccessFactors, an SAP company and the global leader in cloud-based business execution software, today announced SuccessFactors Recruiting Execution, the combination of SuccessFactors Recruiting Marketing– which transforms your ability to identify, attract, and engage the right candidates – with SuccessFactors Recruiting Management, to help you select and hire the best candidates faster. This powerful combination creates the only complete recruiting solution that helps companies deliver business results at every step of the recruiting process: providing the agility to shift sourcing dollars quickly and the confidence to select the highest performing candidates. And as part of the SuccessFactors Business Execution (BizX) Suite, it becomes an even more powerful part of every company's overall talent strategy.
"The world of recruiting has evolved from newspaper had evolved from newspaper ads, to, to job boards, to hundreds of new channels including company career sites and online job boards like Facebook, LinkedIn and Twitter," said Dmitri Krakovsky, vice president of global product management, SuccessFactors. As a result the complexity for recruiters skyrocketed, Finding and converting the best candidates has never been harder, and yet, now, with SuccessFactors Recruiting Execution, it will be incredibly easy."
SuccessFactors Recruiting Execution provides the ability to:
- Attract & engage better: SuccessFactors leverages classic marketing best practices to find, market to, and nurture candidates until they are ready to apply for open positions. This includes things like career site and search engine optimization, automated job distribution to multiple channels, including social networks, and the analytics to know which sources are working.
- Select better: SuccessFactors provides recruiters with a simple, mobile and collaborative selection process that is fast and fair. Unlike legacy applicant tracking systems, where the application and selection processes are cumbersome for candidates and hiring managers alike, SuccessFactors provides customers with the ability to collect candidate feedback through a mobile device, and use competencies to compare candidates consistently and objectively. Tightly integration to the BizX Suite means that recruiting becomes a more strategic part of a holistic talent management strategy.
"We know Recruiting Execution works because we 'drink our own champagne'," said Jeff Diana, chief people officer at SuccessFactors. "In just two months, our recruiting solution elevated our online visits from potential job candidates from 6,000 to 46,000. Our pipeline increased from roughly 100 applicants to just shy of 1,000 qualified applicants, directly leading to44 new hires at SuccessFactors."
SuccessFactors Recruiting Execution is not just about hiring good people. It is about the ability to measure and prove that sourcing dollars were used effectively and that the hires – whether internal or external – are driving business results – all while providing a simple and engaging experience for managers, recruiters and candidates.
- A leading provider of skilled nursing facilities reduced their total advertising spend by $11 million in just two years, while the number of applications increased by 40% in the same period.
- A national chain of fitness centers improved their time to fill in new facilities by 18 percent, while improving hiring quality, which showed up as a 9 percent reduction in turnover and a 7 percent increase in revenue per trainer.
More information about SuccessFactors' Recruiting Execution is available at http://www.successfactors.com/recruiting/.
About SuccessFactors, an SAP Company
SuccessFactors is the leading provider of cloud-based Business Execution Software, and delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 35 languages.
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