Calculate the ROI of your applicant tracking system
How do you know that your applicant tracking system is REALLY profitable?
Use this ROI calculator to find out how much of your valuable time and money you’re saving with your current ATS.
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Decoding return on investment for an ATS
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 ) x 100
How does an ATS maximize your ROI?
- Finding the perfect Applicant Tracking System is a dream come true!
- It decreases the time taken to fill positions
- It reduces your hiring and recruitment marketing cost
- It helps improve the quality of hire
- It enhances your work productivity
Turbocharge your recruitment process today!
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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. To know more, head over to this blog.
Why is it important to measure savings?
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.
What are the benefits of calculating ROI?
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.
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