Time To Fill (TTF) is an important recruiting metric. TTF is the number of days between the day the job is posted and the day candidate accepts the day offer.
Recruitment cycle in an organization can be defined as each step in the hiring process:
75% of the time spent in the entire process would be from application to offer stage. This means that 75% of the process is under the direct control of the organization and can be automated using smart technology (artificial intelligence, machine learning, chat bots etc.).
Time and again lot of debate is gone in potential to automate some of the recruiting steps that are monotones and time-consuming. Lot of technology companies are working on bringing in the new systems and trying to ease the workload of managers who are involved in hiring workforce.