Video Interviewing Software Can Boost Your Recruitment ROI – 4 Things You Need to Know

Recruitment is costly - from advertising to taking time off work to interview, the costs can quickly add up. And with no guarantee of a successful hire, in the end, it's no wonder that many businesses are looking for ways to boost their recruitment ROI.

One way to do this is by using video interviewing software. Video interviewing can save you time and money by allowing you to screen candidates before bringing them in for an in-person interview. And when used correctly, it can be an incredibly powerful tool for ensuring you hire the best candidate for the job.

Here are four things you need to know about how video interviewing software and how it can boost your recruitment ROI.

1. Video Interviewing Software Can Help You Save Time and Effort

As we mentioned above, one of the most significant advantages of using video interviewing software is that it can help you save time in the hiring process. Instead of scheduling in-person interviews, you can use it to screen candidates ahead of time. This way, you only have to bring in the candidates who look promising on paper (and on-screen).

Not only does this save you time, but it also saves the candidates' time. They don’t have to take off work or make childcare arrangements just to come in for an interview that may not even lead to a job offer.

Plus, you can use the software to conduct interviews with candidates who are located far away from your office. This can be a great way to save on travel expenses and ensure you’re considering the best candidates, regardless of their location.

Overall, video interviewing software can help you save significant time in the hiring process, so you can focus more on what’s important. 

2. Video Interviewing Software Can Help You Save Money 

In addition to saving time, video interviewing software can help you save money on hiring. First, as we just mentioned, it can help you save on travel expenses. But it can also help you save on advertising expenses.

For example, you can post your job openings on your website or online job boards with video interviewing software. This way, candidates can easily apply for your open positions, and you don’t have to pay to advertise in newspapers or other traditional methods.

Plus, with certain software, you may be able to get a discount on your monthly subscription if you commit to using it for a certain period. This can help you save even more money in the long run.

Overall, video interviewing software can help you save up to 96% of your hiring costs, which you can use to invest in other essential areas of your business.

3. Video Interviewing Software Can Help You Attract Top Candidates

When you use video interviewing software, you’re not just saving time and money but also opening up your pool of candidates to include people from all over the world.

This is especially beneficial if you’re looking for highly skilled candidates or candidates with specific experience or expertise. With the software, you can connect with candidates who might not be able to come in for an in-person interview.

Not to mention, when candidates know that you’re using video interviewing software, they may be more likely to apply for your open positions. This is because they know they won’t have to take off work or make arrangements for child care just to come in for an interview. So, if you want to attract better candidates, using video assessment software can help.

4. Video Interviewing Software Can Help You Make Better Hiring Decisions

Last but not least, video interviewing software can help you make better hiring decisions. This is because you can better understand the candidate and how they would fit into your company culture.

You may only talk to the candidate for a few minutes with an in-person interview. But with a video interview, you can better understand their personality and communication style. You can also see how they interact with other people (if you choose to do a group video interview).

Plus, you can use video assessment software to ask candidates specific questions and get detailed answers. This way, you can be sure that you’re making the best possible hiring decision for your company.

Wrapping Up

Overall, there are plenty of reasons to use video interviewing software in your recruitment process. Video interviewing software is the answer if you’re looking to save time, boost efficiency, and recruit better candidates. So, what are you waiting for? Start using video interviewing software today and see the results for yourself!

EVA-SSESS is an unbiased and secure video interviewing software that helps companies worldwide identify, develop, and hire top talent faster. By combining AI technology, video-based assessments, and psychometric reports, EVA-SSESS can help you assess a large pool of applicants quickly, with structured and automated video assessments that save more than 90% of your time. Where you can build customizable assessments, get scientifically-validated personality reports, detect ideal keywords, rank applicants, filter out correct answers, eliminate guesswork, and quickly assess the skills that are tough to measure. Request a free demo today!

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