Case Study: eFinancial achieves an 85% cut in agency spend and 97% source-of-hire visibility with iCIMS Talent Cloud

eFinancial retools recruiting platform, cuts reliance on agencies

eFinancial, a Bellevue-based finance firm with about 200 employees and an iCIMS client since 2012, faced growing recruiting pain by 2018: its hiring workflows hadn’t kept pace with changing needs, recruiters were inefficient, HR lacked insight into source-of-hire and cost-per-hire, and the company leaned heavily on expensive recruiting agencies.

eFinancial engaged Optimized Recruitment Solutions to redesign processes and reconfigure the iCIMS Talent Cloud—adding dashboards, source-of-hire reporting, simplified workflows and real-time job distribution. The changes delivered clear ROI: 97% visibility into source data, an 85% cut in agency spend, a 75% reduction in hiring steps (from 78 to 20), and 55% more hires in 2019 with 48% fewer candidates.

eFinancial

Corey Simons

Former Talent Acquisition Manager