Decoding Return on Investment for an ATS

Before we dive in to do the real maths, let's understand what ROI is.

ROI is a performance metric used to evaluate the efficiency and profitability of an investment in a software, service, or tool. It is a popular performance measure because of its true versatility and simplicity.

The formula to calculate ROI

ROI = ( Profit gained / Cost of investment ) * 100

How Does an ATS Maximize Your ROI?

Finding the perfectApplicant Tracking Systemis a dream come true!

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It decreases the time taken to fill positions

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It reduces your hiring andrecruitment marketingcosts

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It helps improve the quality of hire

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It enhances your work productivity

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Frequently Asked Questions

How to calculate the Return on Investment of an ATS?

To calculate the ROI of an ATS, you can use this formula - ( Profit gained / Cost of investment ) * 100. If you wish to know more, head over tothis blog

It is important to measure savings so that you have a clear idea of the efficiency of your recruiting software. Measuring the ROI helps you with your analytics and to make the final call on whether to continue using a software or tool.

Here are the advantages of calculating ROI -

  • It enables you to measure work efficiency
  • It helps you give a comparison analysis
  • It helps you determine profitability

Take Notes from Our Resource Library

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MMI Industries Witnessed a 100% Rise in Revenue Within 30 Days of Using Recruit CRM

Find out how Recruit CRM’s ATS+CRM enable the pioneers of psychographic recruiting skyrocket their sales, and transform and scale their recruitment business.

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What is an Applicant Tracking System? 20 Powerful Benefits & Features

An ATS makes hiring streamlined for recruiters and HR departments. With thousands of applications received per job opening, find out how an ATS makes the job 10X easier.

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10 Things to Know Before Changing Your ATS Provider

Thinking about switching to a new Applicant Tracking System provider? Don’t fret! We’re sharing the top ten essentials you need to consider to make a smooth transition to a new ATS.

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