Recruitment processes that are efficient, productive, and pleasant for both candidates and hiring teams will surely improve your recruiters’ performance. Let’s take a look at some ways you can boost recruiter performance quickly.
Improve Recruiters Performance: Introduce healthy competition
Let your recruiters see their real-time individual and team performance allowing them to gain insights into their work contributions and encourage fun and healthy competitions between departments
Many employees are motivated by elements other than money and incentives, such as recognition, challenges, and empowerment which can easily be done through individual contribution tracking.
Keep the competition fresh by updating your team in real-time, whether on a digital dashboard or a whiteboard in your office.
Streamline work processes
Wouldn’t you agree that manual back-office processes are mundane?
Workplace productivity does not only refer to getting things done but more so, the time spent by your employees on things that actually matter.
Repetitive jobs are great for automation, and with so much new technology available, there’s no excuse to keep wasting time on them. Automation doesn’t mean having to replace human work altogether but instead gives efficiency to the job that needs to be done.
Utilize business intelligence
Seeing the proof in numbers can often clarify the big picture for your recruiters. Use a business intelligence tool that collects your sales and workforce in easy-to-read formats. Having clear data on your organization’s sales and performance will help you identify inefficiencies and address them accordingly.
If you want to better utilize the skills and potential of your recruiters, then we might just have what you need at Bilflo.
With Bilflo’s automation and business intelligence software, you can work with your staff to figure out what your top-performing teams are doing and how you can build on their achievements. Through this, you create a culture that acknowledges and promotes individual effort and problem-solving and promotes technique-sharing that’s beneficial for everybody in the long run.
Please feel free to check out these 30-sec videos on how our business intelligence software works:
Improve team performance by using Bilflo
Covid 19 has greatly impacted most businesses in terms of productivity and revenue. The focus for 2022 for most organizations, will be all about recovery and resilience. Organizations are looking for ways in which automation can help make the business run more efficiently and support employees in their work. Here are two technologies we believe, staffing companies should invest in to be successful in 2022:
Technologies to Invest
1. Use Business Process Automation
Once you start your journey towards using business process automation, you see that the automation you use – while helpful – isn’t intelligent. It’ll do the job you need it to, but to take automation to the next level, you need to introduce business intelligence.
2. Invest in Business Intelligence
One of the ways to improve resiliency is through understanding how your business is truly operating. Business Intelligence can help you understand your organization’s overall health and help you easily spot inefficiencies, market trends, and opportunities.
Business Process Automation and Business Intelligence work hand in hand
In the coming years, we will see more organizations use business process automation to streamline their current processes – especially the manual ones – to see where real value can be delivered. On the other hand, Business Intelligence gives organizations meaningful insights to make data driven decisions.
By investing in these two capabilities, you can help create a strong foundation to ensure your processes work to support and advance your plans. These technologies will become the norm by 2025 and businesses that make an early start on adopting them will be at a huge advantage over their more competitors.
At Bilflo, we combined business process automation and business intelligence to help staffing companies scale their back office with ease while getting the business intelligence you need to manage your staffing company.
See how our integrated solution works by checking out our resources:
If you are interested in learning more, please feel free to choose the time and the date that would be most convenient for you to talk to our team for a Discovery Session
Related article:
Empathy in 2021 and beyond: Ways it Can Increase Employee Satisfaction
Where will the Staffing industry stand in 2022?
Most companies are scaling up the use of data science and expediting their digital transformation to deploy technologies like Business Process Automation and Business Intelligence in the workplace to improve their processes and people analytics.
Business Process Automation:
Business Process Automation can help amplify productivity by taking on mundane data entry tasks so that employees can focus on more creative and high-value work. As a result, there are more opportunities for workers to upskill in a new field in which they may excel. In a recent study, 34% of business leaders said business processes automation can help free up time for more meaningful, valuable work.
Business Intelligence (BI):
Organizations are unknowingly sitting on a goldmine of data. However, ‘data’ without insights is meaningless. Businesses need the right tools in order to ensure that data acquires meaning. Using data for people analytics can help drive better business results, improve workforce management, create more efficient systems, develop better client and contractor experience and create a quantitative impact on their bottom line.
Employee Experience
There is no doubt that Employee experience will continue to be a top priority for HR professionals. A recent study shows that 49% of employees will quit their jobs when they experience just 2 payroll issues. Ensuring that your employees are compensated correctly and on time builds trust, loyalty and as a result turnover rates decrease.
Spot Bonus Programs
“Spot Bonus” programs dramatically increased in 2021 as a way to combine short-term employee retention and performance objectives. Some companies offer sign-on bonuses or salary increase after a certain period of time to recognize new employees who have made a commitment to the organization.
At Bilflo, we help staffing industry streamline their back-office processes while providing them the business intelligence they need to grow their business.
Please feel free to watch this 2 minutes video on how our software works.
Related Articles:
The Future of Staffing Lies in Automation.
How to Use Business Intelligence To Make Your Staffing Company More Profitable?
Yes, you read that right. According to IORG, 90% of the online data in the world was generated in the last 2 years.
This is because of the new technologies we have such as Social Media, Internet-connected devices such as voice navigation, google maps, wearable technology (fitness tracker) just to name a few.
Though this doesn’t directly impact staffing agencies, have you ever wondered how much data your staffing company has generated, and are you able to make read and translate this data to gain insights?
At Bilflo, we consolidate and track sales & recruiting activity, time & rates from various systems and unify sales and gross profit to provide you with Business Intelligence for individuals, team performance, and the overall organizational health. You can easily generate valuable insights to see which part of your business is doing well by using predetermined filters or create as many filters as you need to effectively manage your business.
Bilflo helps you make data-driven decisions that have a dramatic impact on your bottom line and the overall growth of your company. And with Bilflo’s (Web-based) software, you can freely manage your business anytime, anywhere!
If you would like to find out more information about how Bilflo can benefit your business, you can request a Discovery Session and see it in action for yourself.
Automating repetitive business processes frees up your administrative staff for tasks that are less mundane or more valuable than those that can be completed by machines and software.
Automation is becoming a common element of every business. This is why more and more staffing and recruiting firms turn to automation as well as adopting Business Intelligence to streamline their current processes.
Organizations that opt-out of automation software are unknowingly giving a competitive advantage to their competitors.
Software Automation and Business Intelligence (BI) work hand in hand in reducing labor costs and providing business insights to help you grow your business.
Automation helps BI to collate all workforce and sales data giving you access to actionable insights that are specific to a particular challenge you are trying to solve. With this in your arsenal, there will be no element of guesswork and you can clearly see valuable insights into the operations of your business, customized to your immediate needs.
Here are some of the advantages of using automation and business intelligence:
Make more informed decisions
Effective business intelligence can enable managers to make more informed, data-driven decisions. These decisions can be made with far more confidence, too, and can help reduce the level of risk. Decisions can also be made far quicker than before, which saves valuable time and money.
Cut costs and remove inefficient spending
Automation cuts down labor costs by automating repetitive and labor-intensive tasks and as a result, your administrators can focus on more meaningful and business-impacting work.
Spot inefficient business processes
Automation and Business Intelligent helps organizations have better control over their processes and standard operating procedures, as the visibility of these functions is improved. The days of skimming through hundreds of pages of annual reports to assess performance are long gone. Business Intelligence illuminates all areas of your organization helps you to readily identify areas for improvement and allow you to be prepared instead of reactive.
At Bilflo, we believe that every staffing company should have access to both to reach their full potential.
If you are interested in learning more, please feel free to schedule a Discovery Session with our team today.
Alternatively, you can check our resources to learn more about our services.
Do you really know what is going on within your business operations?
Many business owners are blindly making decisions due to the lack of useful insights.
Every organization has inefficiencies and with the mountain of data being generated daily, opportunities to improve get buried and forgotten. As a result, the cost keeps increasing. Business Intelligence allows organizations to reduce costs by improving efficiency and productivity, improving sales, and revealing opportunities for continuous improvement.
With reliable business intelligence, Executive Leadership can easily measure the organization’s pulse by removing gray areas and eliminating the need to play the guessing game on how the company is doing. Organizations will not only be able to actively take control of their data for better insights, but they will also be able to pre-emptively spot potential issues and solve them before the situation gets out of control.
At Bilflo, we believe you should know what your company is up to just by clicking a few buttons.
This is why Bilflo aggregates all of your sales and workforce data in a unified system of record to provide you with meaningful insight that can help you make your business more profitable while reducing your labor cost.
Let us help you be a data-driven company and take your business to the next level.
Please feel free to check out these 30-sec videos on how our software works:
OpenColleges recently released an article on the ways business intelligence can help organizations gain a competitive advantage so if you have plans or are already expanding your business, we truly believe you should give this a read.
Basically, without business intelligence, there will always be an element of guesswork as you don’t have actionable insights that are specific to a particular challenge you are trying to solve.
OpenColleges pointed out these key advantages on how can business intelligence benefit businesses. By using business intelligence tools and converting the data into a meaningful format, it can provide huge benefits for the business. Here are five important benefits to consider:
Make more informed decisions
Rather than guessing, assuming, or going with your gut feeling, effective business intelligence can enable managers to make more informed, data-driven decisions. These decisions can be made with far more confidence, too, and can help reduce the level of risk. Decisions can also be made far quicker than before, which saves valuable time and money.
Understand customer needs
Businesses can collect data on their customers, such as who they are, what they like, what they don’t like, what influences their purchasing decisions, and much more. This data can enable businesses to see trends and understand customer needs more. These insights can help you provide the right services, to the right people, at the right time and in the right place. This can enable you to stay one step ahead of the competition too.
Cut costs and remove inefficient spending
Detailed reports can help you see exactly where you’re spending money and can compare this to your budgeted costs. This can enable you to decide where adjustments need to be made to help cut wasteful spending and reduce inefficient costs in the future.
Spot inefficient business processes
Business intelligence will help you to see meaningful data on business performance, productivity, projects, and much more. This is a good opportunity to see the bigger picture and spot areas where things may not be performing as well as expected or hoped. You can then use these insights to make changes and improve business processes for the better.
Identify new business opportunities
Most managers may feel they know how the business is performing, but with business intelligence, you may see trends that you didn’t even realize existed. This can help you see new unidentified opportunities for the future which can help to give your business an increased competitive advantage.
Business intelligence allows you to gain valuable insights into the operations of your business, and customize it to your immediate needs.
At Bilflo, we believe you shouldn’t have to be a software engineer to gather intelligence about your staffing agency.
Let us help you be a data-driven company and take your business to the next level.
Please feel free to check out these 30-sec videos on how our business intelligence software works:
Business Intelligence (BI) software has rapidly gained adoption. In 2020 alone, 54% of enterprises agreed that cloud-based BI was vital to their current and future initiatives.
The Business Intelligence market in the U.S. is estimated at US$ 6.1 Billion in the year 2020 and is forecast to reach a projected market size of US$ 7.4 Billion by the year 2027.
According to Research and Markets, significant growth has been reported all over the world, the global market for Business Intelligence is estimated at US$ 22.4 Billion in the year 2020, is projected to reach a revised size of US$ 34.5 Billion by 2027.
TechJury did a deep dive analysis and hand-picked some of the most relevant business intelligence statistics for 2021.
Here are some of their takeaways:
- By 2023, over 33% of large-sized businesses will practice decision intelligence.
- Data analytics makes decision-making 5x faster for businesses.
- 7 out of 10 businesses rate data discovery as very important.
- Most businesses adopted business intelligence in 2020.
One of the biggest challenges business leaders face is putting together the right pieces of information together to gain a holistic view of the company’s operations – and it only gets harder the bigger the organization grows. This is why more and more businesses are transitioning to Business Intelligence software for their data analysis needs.
At Bilflo, we believe that in order to maximize your company’s resources and be ready for growth, you need to have access to real-time business intelligence that you can quickly gather insights on your organization’s data and overall health.
If you want to know more about how Bilflo can help you, please feel free to take advantage of our Free Trial by Signing Up Here
You can also check out these 30-sec videos on how our software works:
CrucialLearning tackled The Four Crucial Moments For Uncertain Economic Times. It aims to help organizations to be financially agile in these trying times.
We summarize it for easy reference. Here are the 4 crucial conversations:
1. Debate Dithering and Denial
When a team is confronted with financial data that may or may not signal a crisis, teams can often disagree over the urgency of the issues and how to handle them. Basically, a team that is unable to discuss their difference can delay the decision allowing the crisis to deepen while teams that are able to discuss disagreement can take action within a few hours or days and resolve the issue faster.
2. Undiscussables
In many organizations, managers are aware of huge potential savings but just can’t talk about them due to politically sensitive cultural practices; even more, cite times when the barriers were leaders’ pet policies or topics.
3. Silent Collision
Everyone is asked to make tough decisions. But most are skeptical about whether their peers will really pony up. So they watch and wait—refusing to make hard choices until they see others dive in. One major cause of this is accountability. Only one in ten respondents said that peers were willing to hold each other accountable for their cost savings commitments.
4. Irrational Slashing
The result of failure to address the previous three. Senior leaders rose up through the ranks seeing failures in the previous three Crucial Conversations. They themselves often dithered rather than acted. They felt stifled in their ability to raise undiscussable when talking about sensitive cost-cutting options. They participated in silent collusion—forestalling tough decisions until they witnessed real accountability.
These crucial conversations should not be a hurdle to financial agility. Here are some key ways for businesses to become more flexible, efficient and come out of the year in a stronger position.
1. Understand your business better
When you have clarity on your business and workforce data, these conversations can easily be discussed within your team to improve efficiencies and address potential concerns.
Knowledge is power and if you know how your business will react to a change in circumstances, you will be able to set in place some plans to best deal with the situation.
2. Rolling Forecasts
These are strategic approaches to financial forecasts as they are guided by key business drivers. This makes them an important tool in agile financial planning.
Rolling forecasts offer a way for your organization to quickly correct financial warning signs. It also provides a consistent horizon, which gives finance leaders like yourself the confidence to make critical business decisions.
3. Enterprise integration
It’s paramount that managers have the ability to see the entire financial situation with the right information at the right time. Integrating financial modeling reduces preparation time, while simultaneously reducing the risk of error by removing numerous data handling touchpoints. The result is managers and analysts making decisions on controlled, trusted information in a much shorter space of time.
At Bilflo, we aggregate all of your workforce data from various systems into comprehensive business intelligence giving you access to real-time reporting.
This helps organizations have business clarity and make data-driven decisions.
See how our integrated solution works by checking out our resources:
In today’s fast-moving business environment, making quick decisions is key to capitalize on opportunities. This is why many businesses have adopted Business Intelligence to improve their company’s growth by helping companies make better decisions using current and historical data. It provides performance benchmarks to make the organization run smoother and to easily spot market trends to increase sales or revenue.
In the recent market research report conducted by Technavio, it is predicted that the business intelligence (BI) and analytics platforms market is poised to grow by USD 12.62 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period.
What is Business Intelligence?
The term Business Intelligence (BI) refers to the technologies, applications, strategies, and practices used to collect, analyze, integrate, and present pertinent business information. This enables much more informed business decisions to be made using the data.
Why is Business Intelligence So Important to Modern-day Organizations?
Without actionable insights that are specific to a particular challenge you are trying to solve, there will be an element of guesswork and chance that goes into your decision-making. Business intelligence allows you to gain valuable insights into the operations of your business, customized to your immediate needs.
Advantages of Using a Business Intelligence
Make more informed decisions
Effective business intelligence can enable managers to make more informed, data-driven decisions. These decisions can be made with far more confidence, too, and can help reduce the level of risk. Decisions can also be made far quicker than before, which saves valuable time and money.
Cut costs and remove inefficient spending
Detailed reports can help you see exactly where you’re spending money and can compare this to your budgeted costs. This can enable you to decide where adjustments need to be made to help cut wasteful spending and reduce inefficient costs in the future.
Spot inefficient business processes
Business Intelligent organizations have better control over their processes and standard operating procedures, as the visibility of these functions is improved by a BI system. The days of skimming through hundreds of pages of annual reports to assess performance are long gone. Business Intelligence illuminates all areas of your organization helps you to readily identify areas for improvement and allow you to be prepared instead of reactive.
Identify new business opportunities
A BI system also allows you to understand the implications of various organizational processes and changes, allowing you to make informed decisions and act accordingly. This can help you see new unidentified opportunities for the future which can help to give your business an increased competitive advantage.