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Cutting Costs and Accelerating Temp Hiring with Myn’s Integrated Source-to-Pay Solution

Cyan

Industry

Marketing Production Agency

Challenge

The problem your customer faced. This content should be short and skimmable. Two to three sentences are a good standard for the right amount of content.

Results

The impact your customer saw. Two to three sentences are a good standard for the right amount of content.

Key Product

Talent Pools

30%
Reduction in Recruitment Costs
10+
Candidates
Screenshot 2024-12-02 114812

About your Customer

Cyan is a UK-based Marketing Production Agency with over 25 years of experience. The company operates in a fast-paced industry where peak times arise after the summer holidays and during event-heavy months like January. During these periods, Cyan needs to hire temporary workers to meet the demand but has faced challenges finding suitable candidates quickly and efficiently. Historically, they relied on multiple agencies, which was not only costly but also left them with minimal control over the recruitment processes.

Challenges

  1. High Costs: Using multiple agencies to source temporary staff was becoming increasingly expensive for Cyan, cutting into their budgets during peak seasons.
  2. Limited Candidate Visibility: Despite receiving CVs from agencies, Cyan had little control over the candidate pool and struggled to assess the talent available quickly and easily.
  3. Time-Consuming Internal Processes: Cyan’s internal team spent considerable time scanning CVs, scheduling interviews, onboarding candidates, managing payroll - adding extra stress during already busy periods.

Myn's Solution

Myn offered Cyan a complete Source-to-Pay recruitment solution, tailored to fit their peak period hiring needs. Here’s how Myn addressed Cyan’s pain points:

1. Proactive Planning:

Myn built a dedicated talent pool for Cyan, filled with available industry-specific temporary workers. This gave Cyan immediate access to qualified candidates during peak periods without having to wait for agencies to source new hires. With a transparent view of the talent pool, Cyan could see exactly who was available at any given time.

2. Enhanced Control and Transparency:

Through Myn’s platform, Cyan was given full visibility into the candidate pool, allowing them to take control of the selection process. They could easily review candidates, access relevant data, and make quick, informed hiring decisions.

3. Cost-Effective Solution:

By consolidating the hiring process into one unified platform, Myn drastically reduced Cyan’s reliance on expensive external agencies. This allowed Cyan to save significantly on recruitment costs without sacrificing access to top talent.

4. End-to-End Recruitment Process:

Myn handled everything from sourcing to onboarding. Using AI-driven candidate matching, Myn automatically scanned, scored and ranked candidate profiles, managed pre-screening, interview scheduling, took care of compliance, timesheeting and payroll for Cyan’s temporary staff. This eliminated the need for Cyan’s internal team to spend valuable time on these tasks, allowing them to focus on core business operations during peak times.

The Results

  • Reduced Costs: Cyan saw a 30% reduction in recruitment costs by moving away from traditional agency hiring to Myn’s cost-efficient platform.
  • Faster Hiring Process: With a pre-built talent pool ready, Cyan was able to fill positions twice as fast during peak times.
  • Streamlined Operations: Myn’s end-to-end solution allowed Cyan’s internal team to save over 20 hours per week on recruitment-related tasks, significantly improving operational efficiency during busy periods.
  • Improved Candidate Quality: With access to a bespoke talent pool and Myn’s AI-powered matching system, Cyan was able to hire more qualified candidates, leading to better project outcomes during peak periods.

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