Skip to main content

How Beamery Saves You Time And Money – And Delivers 467% ROI

What is the potential ROI of Beamery? In 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Beamery, examining the potential benefits for enterprises deploying this unique technology. 

Through interviews with a client organization, Forrester sought to understand the benefits, costs, and risks associated with this investment – particularly in the Talent Acquisition space.

The study provides quantifiable evidence that Beamery’s Talent Lifecycle Management technology delivered a significant 467% return on investment (ROI) for its customers, who also found efficiency gains, improved quality of hire, and better experiences for candidates, recruiters and sourcers.  

476 per cent ROI

The TEI study found that organizations using Beamery’s platform helped Talent Acquisition teams unlock productivity, with the average recruiter’s productivity increasing by 10%. It was found that Beamery saved over 30,000 recruiting hours, and this saved companies nearly $613,000, over three years. 

30000 recruiting hours saved

client companies saved nearly 613000 dollars

Automation within Beamery’s Talent Lifecycle Management platform can help recruiters to execute tasks more efficiently, so they are able to approach recruitment more strategically.

“With Beamery, we can engage large groups of candidates quickly and easily, which is very important in the current market. We can push our brand as an employer of choice with an approachable, on-brand, and compliant approach.” – Senior Program Manager, Talent Acquision Stration, Cloud Computing Company

345000 dollars in efficiency savings

According to the TEI study, Beamery gave sourcers additional capabilities, which allowed them to perform at a higher level. Due to a reduced time to fill (hiring cycles were also expedited by 30%) there was also an opportunity to recapture $7.4 million in revenue.

hiring cycle expedited by 30 per cent

The client organization’s Talent Acquisition team streamlined and optimized their workflows through the adoption of Beamery, which left other external recruiting tools redundant. The removal of these tools led to savings totalling nearly $217,000 over a three-year period.

217000 dollars saved

The team streamlined and optimized their workflows through Beamery, and the compliance module enabled the organizations to stay ahead of privacy requirements and best practices – saving them $951,000 in compliance risk avoidance.

951000 in compliance risk avoidance

There were several other benefits highlighted. For example, Beamery excelled in assisting the interviewees’ organization to nurture high-caliber talent, which improved hire quality — particularly for highly specialized roles.

Beamery also gave the talent acquisition team new visibility into data and analytics, which helped management to create reports justifying business case requests. 

Beamery elevated the end-to-end experience of recruiters, sourcers, and candidates, and also provided the interviewees’ organization with more oversight into the diversity in its candidate pools and hiring pipelines, keeping it accountable to DE&I goals. 

summary of other beamery benefits

Keen to learn more? Read the full TEI study here.

Beamery’s AI-powered, skills-based, Talent Lifecycle Management platform helps businesses identify, recruit, develop, retain, and redeploy talent with ease. The four key components of the Talent Lifecycle Management suite are Talent Acquisition, Talent Management, Workforce Planning, and Skills Intelligence. 

This study focused on the Talent Acquisition component of the platform, which includes Talent CRM, Candidate Experience, Compliance, and the HCM Integration platform.

Get in touch with us today for a demo!