Foresters Financial

Foresters Financial is an international financial services provider that began in 1874, providing personal insurance, mortgage protection, savings, ISAs and investing, and pension planning solutions that help families achieve long-term financial health and security.

Challenge

Foresters Financial sought support from IRIS networx to improve the overall efficiency and visibility of their whole recruitment process, whilst reducing their costs to hire. With a heavily paper-based process mainly being on shared folders, email trails and manual spreadsheets, they were looking for a digital solution to reduce the time needed to update multiple spreadsheets and organise candidate offers. They needed a solution to centralise their entire recruitment process.

Solution

In order to accurately reflect the specific needs at Foresters Financial, IRIS networx took the time to fully understand their recruitment process and the various processes for different departments within the company. Each solution provided by IRIS networx is tailored to the specific needs of the client, so the implementation team worked closely with Foresters Financial to fully understand their recruitment challenges to build a bespoke system for their needs.

With the requirements in mind, IRIS networx were able to build an easy-to-use, centralised recruitment system for Foresters Financial, providing a central point for each vacancy. With the IRIS networx system, the recruitment process is easier to manage. With everything in one place, Foresters have reduced manual input to streamline and simplify their internal practice. The recruitment process is now standardised throughout the whole system, benefiting managers with agreed processes to ensure they are GDPR compliant.

Foresters Financial now utilises the software to manage its entire recruitment process. Since using their tailored recruitment system, Foresters Financial has seen a reduced cost per hire, saving them between 10% and 20% on agency fees, further stopping conflict of ownership with agencies.

Foresters Financial has transformed its overall recruitment process; reducing time to hire, centralising recruitment into one system, increasing visibility and improving the quality of its hires through an improved candidate experience.

Client Comment

“The recruitment solution provided by IRIS networx included an easy-to-use system; only requiring one training session for all managers to understand from the offset. We have been really impressed with the support/service desk with the quick responsiveness, and great visibility for all managers and the Client Relationship Manager remains an ongoing point of contact, which adds an extra level of support and reassurance. The experience for applicants has improved too, providing a quicker and better applicant process.

We would be happy to recommend networx for their innovative recruitment solutions.”

IRIS networx can support you with your recruitment technology.