Candidate Management ROI Calculator: how much an HRIS saves you.
Specifically designed for HR professionals, this calculator estimates the time and money lost processing applications manually, and the potential gain of an HRIS like Socium Job on this specific process.
Currency
Open positions per year
30 positions
0 positions100 positions
Processing time per positionReading, CV screening, candidate follow-ups
15 h
0 h100 h
Monthly cost of the HR teamXOF
3 000 000 XOF
0 XOF15 000 000 XOF
How this amount is calculated
- Time lost: open positions per year × average processing time per position.
- Processing cost: time lost × hourly cost of the HR team (monthly cost ÷ 160 hours).
- Socium assumption: an HRIS cuts this time and cost by 75%.
Estimated annual gain
6 328 125
XOF / year recovered on application processing
Time currently lost
450 h
Current processing cost
8 437 500 XOF
Breakdown of gains
HRIS assumption: -75%Application processing time
Today
450 h
With Socium
113 h
Application processing cost
Today
8 437 500 XOF
With Socium
2 109 375 XOF
* Gain calculated on an assumption of a 75% reduction in application processing time and cost thanks to an HRIS; actual results depend on your organization and recruitment volume.
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Simulation parameters
Open positions per year30 positions
Processing time per position15 h
Monthly cost of the HR team3 000 000 XOF
Time and cost gain calculation
| Category | Today | With Socium | Reduction |
|---|---|---|---|
| Application processing time | 450 h | 113 h | -75% |
| Application processing cost | 8 437 500 XOF | 2 109 375 XOF | -75% |
| Estimated total gain | 6 328 125 XOF | ||
* Gain calculated on an assumption of a 75% reduction in application processing time and cost thanks to an HRIS. This simulation is indicative and has no contractual value.
Want to optimize your candidate management?
Contact our experts and run your own online simulation:
https://socium.link/en/ressources/simulateur/roi