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Bullhorn > Case Studies > Aurec's Transition to Cloud-Based Operations Boosts Annual Revenue by $1.2 Million
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Aurec's Transition to Cloud-Based Operations Boosts Annual Revenue by $1.2 Million

Technology Category
  • Application Infrastructure & Middleware - Data Exchange & Integration
  • Infrastructure as a Service (IaaS) - Cloud Databases
Applicable Industries
  • Finance & Insurance
  • Life Sciences
Applicable Functions
  • Product Research & Development
Use Cases
  • Inventory Management
  • Leasing Finance Automation
Services
  • System Integration
  • Training
The Challenge
Aurec, a recruitment company specializing in technology, banking, finance, and life sciences, was grappling with the limitations of its legacy system. The system was server-based and slow, posing a significant hurdle to the company's growth and future-proofing plans. Aurec recognized the need to transition to the cloud to stay competitive and agile in the rapidly evolving recruitment industry. However, finding a provider that could offer a comprehensive, flexible, and forward-thinking solution proved to be a challenge. The company needed a system that could support its international operations, facilitate global expansion, and provide cutting-edge technology to its recruitment consultants. Moreover, the system had to be cloud-based to reduce overheads associated with internal servers and other hardware.
About The Customer
Aurec is a recruitment company that specializes in technology, banking, finance, and life sciences. Founded in Sydney in 2002 by Craig Bowater and Saul Kwintner, Aurec has experienced significant growth over the years, expanding its operations to Singapore, Canberra, Hong Kong, and Melbourne. The company works with many of the largest blue-chip clients in the Asia-Pacific region. Aurec's success is attributed to its investment in people, training, and state-of-the-art technology. The company's mantra of flexibility, innovation, and focus has been instrumental in its explosive success.
The Solution
Aurec decided to move its operations to the cloud and chose Bullhorn as its software provider. Bullhorn offered a complete, flexible, and cloud-based solution that met all of Aurec's needs. The company leveraged the Bullhorn Marketplace to invest in best-of-breed software that addressed specific business issues. This included LinkedIn Integration for social media, Daxtra for CV searching, Ebsta for collaboration, and InsightSquared for reporting and analytics. The new system was not only capable of supporting Aurec's international operations and global expansion plans but also provided the company's recruitment consultants with the best available technology. The transition to the cloud-based system significantly reduced Aurec's overheads on internal servers and other hardware, making the company more agile and competitive.
Operational Impact
  • The transition to the cloud-based system has had a transformative impact on Aurec's operations. The company has seen a significant reduction in the time spent on data and report management, leading to substantial cost savings. The new system has also improved the efficiency of leads transferred to sales, resulting in a quantifiable improvement in closure rates. This has had a direct impact on Aurec's bottom line, increasing its annual revenue by over $1.2 million. Moreover, the system has enabled Aurec to stay agile and competitive in the rapidly evolving recruitment industry. The company is now better positioned to meet its growth targets and expand its operations in the Asia-Pacific region.
Quantitative Benefit
  • Reduced hours spent on data management by 40%, resulting in an annual saving of $342,500
  • Reduced hours spent on report management by 25%, resulting in an annual return of $93,000
  • Improved lead-to-sales closure rates by 5%, which resulted in a massive $1.2M annual return

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