During its first 18 months since being launched onto the UK recruitment market, LogicMelon's Multi-Source CV Search has shown how recruitment business owners can make over £7,000 per consultant. And with the number of new recruiters entering the industry up by over 13% since 2010/11, from 80,528 last year to 91,114, the recruitment industry could save as much as £77m a year using a sophisticated applicant attraction and tracking tool like Multi-Source CV Search.

LogicMelon, the UK's fastest growing multi-posting and applicant tracking providers, has worked with a growing portfolio of leading recruitment consultancies throughout the UK to provide a range of highly-targeted online solutions which have proven to successfully keep costs to a minimum. And none more so than their innovative Multi-Source CV Search product.

Using LogicMelon's own technology, Multi-Source CV Search has become one of their most popular and most successful products on account of its ability to not only reduce the time spent by the average consultant searching multiple CV databases, but the significant cost-savings to be made.

Analysing client usage over the past 18 months, LogicMelon has found that Multi-Source CV Search typically saves recruitment business owners an average £7,000 per consultant per year.

Commenting on the success of Multi-Source CV Search, Darren Brown, managing director of LogicMelon, said:

"While employer confidence is gradually returning with hiring activity expected to continue in 2013 where 2012 left off, recruitment companies will remain slightly cautious and keen to keep their overheads to a minimum.

Feedback from our clients suggests that in addition to Multi-Source CV Search proving to be highly successful in sourcing candidates for their clients, it also helps their consultants to work faster and smarter which positively affects the agency's bottom line."

Multi-Source enables recruiters to perform real-time CV searches across their own internal database and all external database accounts on job boards such as CV-Library, HotOnline, TotalJobs, JobServe and others via a single accessible portal. Candidate profiles can be viewed and ranked in accordance to their suitability for a specific role and recruiters are able to contact potential applicants directly to invite them to apply.

Mr Brown added: "We were confident when we introduced this product onto the market and always knew its capabilities, and now we have seen the impact it is having on our clients' bottom line. This has enabled LogicMelon to continue developing innovative technological solutions which support our recruitment colleagues and enable them to become efficient, while supporting our own ambitions of becoming the leading provider of technology solutions for the wider recruitment industry."

For more information on LogicMelon, please go to www.logicmelon.com