6 Powerful Benefits of Applicant Tracking System Software for Recruiters
An applicant tracking system (ATS) is specialized software recruiters and employers use to manage candidates during the hiring process. Nowadays, hiring new employees can be a big challenge for employers. With the internet, job seekers can easily apply to many jobs, even if they need a better fit. As a result, recruiters often receive hundreds or thousands of resumes for each job opening. This is where an Applicant Tracking System proves its efficiency.
These automated systems make hiring quicker and more efficient, saving businesses time and money. Read this blog to learn how an applicant tracking system makes a recruiter’s job easier and faster.
Here are the following 6 benefits of recruiters can leverage using an applicant tracking software
Improve Collaboration and Engage Relevant People in the Hiring Process
Using an Applicant Tracking System (ATS) helps everyone involved in hiring to work together better. With an ATS, recruiters can easily share candidate information and updates with hiring managers and team members. It also helps by sending reminders and organizing tasks, making sure everyone stays on the same page and can make decisions more easily.
Expand Your Hiring Pool Without Adding Extra Stress
Technically having an abundance of potential candidates in your organized data is a nice problem to have. But managing and increasing the volume of applicants is the main challenge. An applicant tracking software lets you create a talent pipeline strategy so that you can attract a talented resource for your targeted workflow in the company. You get to do it through hundreds of candidates in a better and faster way.
Initiate and Scale your Employer Branding
While the main goal of hiring is to find great candidates for your company's job openings, there are other benefits too. It helps showcase your company as one that's offering jobs to the right people. Software can play a big role here by creating job boards that attract the right candidates, sending personalized emails, and making sure all recruitment-related communication looks polished. This makes your company seem professional, established, and reliable to potential candidates.
Provides Better and Faster Resume Parsing
An applicant tracking system software allows you to find the most suitable job candidates efficiently by using relevant keywords that match your business requirements. This feature makes it quick to scan through resumes and cover letters, improving the speed of the hiring process. One big advantage of this software is that it helps ensure fair and unbiased hiring.
Enhances Candidate Experience
Candidates want to hear back from recruiters, whether it's good news or not. Applicant tracking software helps by automating tasks like sending emails when a candidate moves to a new stage in the hiring process. This makes the whole experience better for job seekers.
Using an Applicant Tracking System (ATS) can lower the cost per hire by making the candidate selection process smoother and simpler. Finding the right people is crucial for business growth, especially for small and medium-sized businesses working with limited budgets. By automating different hiring tasks and cutting down on manual work, an ATS makes hiring more efficient and saves money. This is a big advantage for businesses with tight budgets, helping them use their resources wisely while still hiring effectively.
An ATS Software and a CRM System Are Different Tools With Varied Purposes
Applicant tracking systems (ATS) and Candidate Relationship Management are distinctive tools that serve a particular role in the recruitment process. While their work operations and methodologies may exhibit similarities, they fulfil different functions and is used in different aspects of the hiring funnel. Let's explore the differences that explains this distinction:
Purpose: An Applicant Tracking System primarily manages and optimizes the application process, where it improves efficiency and data organization. On the other hand, a CRM is geared towards nurturing relationships and mutual understanding with candidates, fostering ongoing communication, and building a robust talent pool for future opportunities.
Target Audience: Applicant Tracking System targets active applicants, those who are actively seeking opportunities by enrolling for their relevant openings. On the other hand, CRM platforms engage in a broader candidate pool, including both active job seekers and passive candidates who may not be actively looking but could be valuable prospects.
Functionality: The functionality of an Applicant Tracking System revolves around automating various aspects of the hiring cycle, from application screening to interview scheduling. On the contrary, CRM tools prioritize communication and engagement with candidates, facilitating personalized interactions and relationship-building efforts.
It's important to grasp exactly how ATS differs from similar tools that carry out similar crowd funnelling and interacting tasks. Understanding these distinctions allows you to fully capitalize on its project-based advantages, ensuring affordable and speedy personnel recruitment with simplified input processes.
