Case Study: Bank of Ireland achieves cost savings and faster contractor hiring with Omni RMS

Bank of Ireland saves £60k a year with Omni RMS

Bank of Ireland, a leading financial services organization, sought to reduce its administrative burden and achieve cost efficiencies by moving away from using multiple agencies to source its IT contractors. The bank approached their vendor, Omni RMS, to become their exclusive single supplier and provide an end-to-end managed service solution for contractor resourcing at their UK head office.

Omni RMS implemented its end-to-end solution, supported by its proprietary applicant tracking system 'Appellia', to streamline and standardize the entire recruitment process. This provided the bank with greater control and visibility while Omni's contractor care team handled all ongoing support. The solution achieved a 100% direct sourcing rate, leading to annual cost savings of £60k. To date, Omni RMS has managed over 600 contractors and achieved a 95% excellent or good service rating from hiring managers, with an average time to hire of just 14 days.

Bank of Ireland