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Do financial departments understand the true value of online recruitment software? It appears that the different perspectives of the recruitment and finance department can have an impact financially on a company. For example, recruiters will look to implement a recruitment software system, and will highlight the benefits to the recruitment function this will have. The finance department will see this primarily as a cost, and generally be reluctant to provide the finances required to fund this project, hence why these projects can last a long time, and in some cases not get off the ground at all.

What needs to happen is for the recruitment team to show that this is an investment, and highlight the savings that are to be made. If it is seen as a money saving project, and not a cost, the project will be given more credence. For example, the implementation and year one costs may be €20,000, but the savings on agencies may be €30,000 over two years. This is the evidence that would make the financial team more receptive to the idea of online recruitment software.

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