Introduction

The Revenue feature in iSmartRecruit helps recruitment agencies monitor and predict potential client revenue, making financial management more streamlined throughout the recruitment process. Whether you’re estimating future earnings or tracking actual revenue, this feature offers the insights you need. Let’s dive into how you can make the most of it.

Access the Revenue Module: Click Here

Accessing the Revenue Module

1. From the left-hand menu, click on Revenue.
   
   
   
2. The Revenue screen will appear, showing two types of revenue:
   • Projected Revenue — Estimates future earnings based on open and filled positions.
   • Actual Revenue — Tracks the revenue earned once positions are filled and clients are billed.

Understanding Projected Revenue

Projected Revenue is used to forecast the income your agency expects by achieving certain recruitment targets. This estimate is influenced by:

• The number of open job positions.
• The number of successfully closed positions.

On the Projected Revenue screen, you’ll find:

• Total Projected Revenue — The total expected revenue based on active job vacancies.
• Total Placements — The number of positions that have been successfully filled.
• Job Details — Information such as job name, client name, and projected revenue amount.

Projected Revenue helps agencies align their recruitment strategies with financial goals and plan for future income.

Understanding Actual Revenue

Actual Revenue tracks the confirmed earnings generated after successfully closing job positions and delivering candidates to clients. Some agencies also use this to track compensation distribution among team members who contributed to fulfilling the recruitment targets.

Adding Revenue

1. Click the + Add Revenue button at the top of the Revenue screen.
   
   
   
2. A pop-up window will appear, prompting you to enter the required revenue details.
   
   
3. After filling out the information, click Save to add the revenue record.
   

Searching for Revenue Records

You can search for actual revenue records based on specific date ranges:

1. In the Revenue module, use the From Date and To Date fields to set your desired time frame.
   
   
2. Click the Search button to view the results.
   

Editing and Deleting Revenue

• Edit Revenue: Click the pencil icon next to the revenue entry you want to modify. Make the necessary changes and save the record.
  
  
  
• Delete Revenue: Click the X icon next to the revenue entry you want to remove. Confirm the deletion when prompted.
  

Conclusion

The Revenue feature in iSmartRecruit simplifies the process of tracking projected and actual revenue, helping agencies align their recruitment performance with financial outcomes. By regularly updating and reviewing revenue records, you can ensure better financial planning and transparency across your recruitment team.

Need Help?

If you have any questions, feel free to reach out to our support team at [email protected].