Crelate provides the ability to track how long candidates remain in specific stages of your hiring process, how long it takes you to close open jobs, and how long it takes you to make a placement. Crelate provides many custom reporting options as well as default standard reports to allow you to grab all of your time based reporting needs.
We'll detail both in the article:
Time in Stage
As a default report located in Candidates | By Stage, Crelate allows customers to track how long candidates have remained in a particular stage. You may use the filters, depicted to the right of the screen, to filter down by specific opportunities, stages, and more. These types of reports are commonly run when looking to review potential backlogs in the process. Noticing contacts are hanging around for too long in your new stage and aren't progressing to an interview? Easily tell across specific jobs or as a whole to take quick action to change your team's behavior.
Time to Close
We'll first start with a question. How is Time to Close calculated? The Time to Close metric will be the difference between your Close date and Open Date (more on date fields here).
Customers are able to review these date fields within an opportunity record.
An Open Date will be automatically added when the job is created. This can manually be changed if needed.
Additionally, when placing a candidate, you'll have the option to move the job to a closed status, which will automatically added a closed date on your behalf. This date can later be manually changed if needed.
Time to Fill
Time to Fill is calculated from the Open Date of the Opportunity and the When date of the Placement Activity. Time to Fill is based on the placements themselves, so it will calculate each placement separately. For example- if there were 3 openings for an opportunity, this would equal 3 placements and they would all have their own Time to Fill metric.
Time to Fill differs from Time to Close because Time to Close is based on the opportunity itself, which would be when all 3 placements have been made and the opportunity is officially closed.
Looking for more reports such as Placement, Ratio and Submittals? Check out our Reporting Master Guide that has all this and more!