Bullhorn Case Studies Increasing Speed and Decreasing Costs: The Jacobson Group's Journey with VMS Sync

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	Increasing Speed and Decreasing Costs: The Jacobson Group's Journey with VMS Sync Bullhorn

Increasing Speed and Decreasing Costs: The Jacobson Group's Journey with VMS Sync

Bullhorn

Applicable Industries	Equipment & Machinery Finance & Insurance
Applicable Functions	Procurement
Use Cases	Leasing Finance Automation Time Sensitive Networking
Services	Training
Challenge	The Jacobson Group, a leading provider of talent to the insurance industry, had traditionally preferred working with high-touch, highly-consultative clients, and Vendor Management System (VMS) relationships did not allow for this. Prior to 2019, the company actively avoided VMS-style business and did not seek new opportunities in this area. However, they noticed a shift in the industry, with organizations as small as $5 million in spend outsourcing the management of their contingent labor program or centralizing the procurement of their contingent labor through in-house Managed Service Providers (MSPs). As MSP and VMS solutions began to increase rapidly in their space, The Jacobson Group realized they were missing out on potential revenue. Read More
About Customer	The Jacobson Group, based in Chicago, Illinois, is a leading provider of talent to the insurance industry. Since its establishment in 1971, the company has been connecting organizations with insurance professionals at all levels across all industry verticals. The Jacobson Group offers a range of services including executive search, professional recruiting, temporary staffing, and subject matter experts. The company has been a client of Bullhorn since 2008 and has traditionally preferred working with high-touch, highly-consultative clients. Read More
Solution	In response to the industry shift, The Jacobson Group initiated a pilot program in 2019, focusing on three clients with whom they already had an MSP agreement. They designated a specific recruiting team to work on VMS jobs and adjusted their processes to support this different style of business. They also invested in Bullhorn VMS Sync to automate job data flow from the VMS into Bullhorn, which led to immediate results and proof of concept. The team was also able to pilot VMS Sync’s new submittals functionality, which completes the VMS automation loop, enabling users to automatically submit candidates from directly within Bullhorn into Beeline and Fieldglass VMSes, eliminating the need to log into each VMS individually. Read More Log in to view content
Contents

Applicable Industries

Equipment & Machinery

Finance & Insurance

Applicable Functions

Procurement

Use Cases

Leasing Finance Automation

Time Sensitive Networking

Services

Training

Challenge

The Jacobson Group, a leading provider of talent to the insurance industry, had traditionally preferred working with high-touch, highly-consultative clients, and Vendor Management System (VMS) relationships did not allow for this. Prior to 2019, the company actively avoided VMS-style business and did not seek new opportunities in this area. However, they noticed a shift in the industry, with organizations as small as $5 million in spend outsourcing the management of their contingent labor program or centralizing the procurement of their contingent labor through in-house Managed Service Providers (MSPs). As MSP and VMS solutions began to increase rapidly in their space, The Jacobson Group realized they were missing out on potential revenue.

About Customer

The Jacobson Group, based in Chicago, Illinois, is a leading provider of talent to the insurance industry. Since its establishment in 1971, the company has been connecting organizations with insurance professionals at all levels across all industry verticals. The Jacobson Group offers a range of services including executive search, professional recruiting, temporary staffing, and subject matter experts. The company has been a client of Bullhorn since 2008 and has traditionally preferred working with high-touch, highly-consultative clients.

Solution

In response to the industry shift, The Jacobson Group initiated a pilot program in 2019, focusing on three clients with whom they already had an MSP agreement. They designated a specific recruiting team to work on VMS jobs and adjusted their processes to support this different style of business. They also invested in Bullhorn VMS Sync to automate job data flow from the VMS into Bullhorn, which led to immediate results and proof of concept. The team was also able to pilot VMS Sync’s new submittals functionality, which completes the VMS automation loop, enabling users to automatically submit candidates from directly within Bullhorn into Beeline and Fieldglass VMSes, eliminating the need to log into each VMS individually.

Impact #1	The adoption of VMS Sync and its new submittals functionality has brought about significant operational benefits for The Jacobson Group. The increased speed to submit and newfound efficiency has allowed the team to begin working on a job the moment it’s released. The automation of many manual processes has resulted in cost savings that can be passed along to the customer. The less labor-intensive process allows the team to handle a larger volume of work. The automation of processes and increased training has also increased overall recruiter productivity, enabling the team to focus on more strategic initiatives like strengthening relationships with candidates, being more engaged with those candidates, and finding out what hiring managers are really looking for.

Impact #1

The adoption of VMS Sync and its new submittals functionality has brought about significant operational benefits for The Jacobson Group. The increased speed to submit and newfound efficiency has allowed the team to begin working on a job the moment it’s released. The automation of many manual processes has resulted in cost savings that can be passed along to the customer. The less labor-intensive process allows the team to handle a larger volume of work. The automation of processes and increased training has also increased overall recruiter productivity, enabling the team to focus on more strategic initiatives like strengthening relationships with candidates, being more engaged with those candidates, and finding out what hiring managers are really looking for.

Benefit #1	The Jacobson Group increased their fill rate on orders coming through VMSes by 5x without significantly increasing the size of the team.
Benefit #2	The team increased their participation rate to over 159%, submitting more than 1½ people per job order that the company receives.
Benefit #3	The Jacobson Group was able to increase its number of customers by 400%.

Benefit #1

The Jacobson Group increased their fill rate on orders coming through VMSes by 5x without significantly increasing the size of the team.

Benefit #2

The team increased their participation rate to over 159%, submitting more than 1½ people per job order that the company receives.

Benefit #3

The Jacobson Group was able to increase its number of customers by 400%.

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Overview

Increasing Speed and Decreasing Costs: The Jacobson Group's Journey with VMS Sync

Operational Impact

Quantitative Benefit