BDI.L Regulatory News (BDI)

5 May 2009 07:00



Bond International Software Plc

DRAKE & SCULL INTERNATIONAL PJSC TO REBUILD RECRUITMENT PROCESS WITH BOND TALENT

- Bond International Software to vastly reduce cost and time per hire for Drake & Scull International PJSC  with online recruitment and talent management software, Bond Talent -

Tuesday 5th May 2009: Drake & Scull International PJSC (DSI), the UAE-based end-to-end service provider of mechanical, electrical and plumbing (MEP) contracting, infrastructure, water and power (IWP) and civil contracting services, has signed a five-year contract with stock-market listed Bond International Software to deploy Bond Talent - a fully-hosted online recruitment & talent management software solution. The solution will provide an online web portal-based recruitment application and applicant tracking system throughout DSI's UAE operations.

The 12,000 employee-strong DSI, whose recent projects have included the Shangri-La Abu Dhabi Hotel, the Park Place Tower and Marina Mansion in Dubai, will use the system to automatically manage the internal processes of flagging, creating and authorising vacancies, of which there may be anywhere up to 2,000 at any one time. Through Bond Talent, the recruitment team can then rapidly attract appropriate candidates for the line managers to interview through the online applicant portal, improving their chances of securing the best talent available. This process has until now been entirely manual and paper-based, resulting in times and costs per hire being unnecessarily lengthy and high.

Zeina Tabari, Chief Corporate Affairs Officer at DSI, comments, "Historically, we have wasted a substantial amount of time, and therefore resources and money, managing a needlessly slow recruitment process. Our paper-based practices were simply unsustainable for the amount of recruiting we were doing. At our highest, we were managing almost 2,000 vacancies and receiving on average about 100 applicants per day." 

Tabari continues, "The immediate advantage of Bond Talent will be that we will instantly automate our recruitment process to make opening and filling a vacancy faster, but also from receiving the very first online application, we will be generating our own talent pool. Any applicants that are not successful in their original submission are then 'kept on file' for when a more appropriate position is available. This function on its own will reduce our dependency and spend on advertising vacancies."

Tabari comments, "Bond was chosen primarily because of their pedigree in the corporate and agency recruitment software market, and also because of their global reach. It was this international experience that gave us the confidence that we would be fully supported and our regionally specific needs, such as the UAE working week, could be easily attended to."

Tim Richards, Managing Director of Bond UK, concludes, "The Middle East is a key and strategic target for us and we recognise the massive potential this growing market represents, both for the agency and corporate sides of our business. We are fully equipped to provide a seamless service internationally as by virtue of hosting the software in the UK and allowing customers to access it over the web, rather than them having to manage and maintain it themselves, we are practically limitless in where we can offer our services." 

Bond Talent is a specialist application for the global recruitment and talent management markets which has been designed to greatly reduce hiring costs and to enhance the strategic capability of in-house resourcing teams. The system is user-friendly and flexible allowing for reduced paperwork and improved efficiency. This gives key recruitment staff more time to concentrate on development rather than administrative tasks.

ENDS

About Bond International Software and Bond Talent www.bondtalent.com 

London stock market-listed Bond International Software plc is a global provider of recruitment and human capital management (HCM) software and services. 

Bond is the largest provider of specialist staffing software for recruitment agencies worldwide. Is a rapidly growing provider of web-based e-recruitment and talent management software to the corporate market and provides HR, recruitment, payroll software and bureau services directly to both the public and private sectors.

Established in 1973 and quoted on the AIM market of the London Stock Exchange since 1997, the company has consistently achieved financial growth and maximised investment in the development of technology and service provided to its international client base.

It has over 35 years experience in the development and creation of products and services that have become industry standards. Headquartered in the United Kingdom, the Group also has offices in the United States, Australia, Canada, South Africa and Hong Kong with a global team of over 400 employees. 

Bond Talent is a powerful and versatile web-based application specifically developed for corporations who wish to streamline their in-house recruitment processes and save costs. It offers seamless online interfaces to deliver sophisticated workflow and accessibility for all stakeholders involved in the Resourcing and HR Processes, with multi-lingual and character set capability. Talent has been designed to complement rather than replace, important HR processes. It reduces paperwork and improves efficiency which frees up staff to concentrate on strategic development rather than administrative tasks. The solution is ideal for multi-site global offices where training, language and day-to-day business practices can benefit from both Bond's experienced support teams and the complete configurability and scalability of the product.

Bond Talent customers include some of the best known corporations and a large number of private sector organisations, including: HBOS, Habitat, The Co-operative Group and easyJet.

For further information, please contact:

Bond International Software

Tim Richards

Managing Director Courtlands, Parklands Avenue, Worthing.

Tel 01903 707070trichards@bond.co.uk

Press contact

Tim Thompson / Chris McMahon

Buchanan Communications

020 7466 5000

timt@buchanan.uk.com / chrism@buchanan.uk.com