Evaluate vendor performance based on quality of candidates, turnaround time, and closure rates.
Steps to Set Up Vendor Evaluation:
- Go to Settings → Vendors
- Enable Vendor Performance Tracking
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Define Evaluation Criteria
- Resume Quality
- Interview Conversion Rate
- Offer-to-Join Ratio
- Responsiveness
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Assign Evaluation Forms
- Create forms or scorecards to rate vendors after candidate evaluation.
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Track Performance
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Use Vendor Reports to review:
- Number of candidates submitted
- Interview shortlist %
- Final selection %
- Dropout rates
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Use Vendor Reports to review:
Benefit:
Use performance reports to retain best vendors and optimize sourcing costs.