Companies that utilize an Applicant Tracking System (ATS) are more likely to attract, identify, and recruit the finest individuals in today’s job market. Companies that do not make use of new recruitment tactics and technologies, on the other hand, are almost guaranteed to fall short of their recruiting ambitions.
Driving an effective recruitment strategy is heavily dependent on a company’s ability to build more streamlined and agile mechanisms that allow recruiters to prioritize and invest extra time on what is most important: interacting with talented individuals.
An ATS can help you by digitizing and standardizing all the candidates’ information in a single database and completing an initial screening of incoming applications to identify the top promising candidates.
Applicant Tracking Systems (ATS) can transform the recruiting process by eliminating some of the most significant hiring and talent acquisition process problems.
This article will highlight the key benefits of Applicant Tracking Systems and demonstrate how it may help you gain a competitive advantage in your hiring endeavor. Here are some of the top Applicant Tracking System features and benefits that you must know about:
1. Simplified system beneficial for both the employer and the hiring agency
Using an Applicant Tracking System is beneficial for recruitment companies. Additionally, it is a boon for the client, as short listings, interview responses, and all other co-ordinations can be accomplished online.
Consider how much more efficient you will be if you no longer have to deal with a plethora of emails, excel sheets, recall notes, meetings, and so on, all of which the ATS can help you manage on a centralized screen.
2. Allows you more time for value-added work
The most significant benefits of ATS include the fact that it saves a substantial amount of time compared to traditional application processing and hiring practices. Usually, most of the resumes received are unqualified for the position.
By removing the manual publishing and listing on job sites and screening out irrelevant applications, the entire sorting process can be completed in seconds instead of the recruitment team spending valuable hours on it.
3. Enhanced application overview
You have all the information you need in one place if you store all of the documentation in the applicant monitoring program. You can simply move between apps, compare candidates, modify candidate status, choose candidates, and scan applicants through ATS.
As a result, you eliminate the possibility of a submission being ignored or stuck forever on a team member’s desk. ATS also alerts you about any repetitive applications.
4. Uncomplicated job posting
With an Applicant Tracking System, you can post job vacancies on several career page website with a single click of the mouse. You no longer need to create separate accounts and manually log in to each social network to post the job vacancy.
Additionally, you do not have to keep track of each website and the outcomes produced by each post separately. Instead, an automatic Applicant Tracking System collates the metrics from each platform and then consolidates them.
Furthermore, you might want to add specifics such as a job description, pay, location, and the list goes on and on. In your ATS, you get all job applications. You may also incorporate a “Careers” page on your website using an ATS and gather online applications through your website.
5. Efficient hiring quality
According to a study, 80 percent of recruiters report having advanced their hiring quality since using an Applicant Tracking System. According to another study, the application of a brilliant and competent class candidate lasts roughly ten days.
By accelerating the recruiting process and ensuring excellent quality, you may readily capture talented opportunities other competitive businesses would otherwise occupy. And, certainly, organizations are now carefully defining their hiring quality using a variety of criteria. An ATS allows you to grow your talent pool more quickly. You can thus improve candidate experience with ATS.
6. Facilitates collaborative hiring
Collaborative recruiting enables a firm to build a more diverse and skilled staff in a more organized manner. Applicant Monitoring Programs include new tools that make it simple to form alliances.
For example, HR departments or corporate recruiters may exchange information and evaluations with each candidate and adopt a shared decision-making approach in which recruiters can participate.
7. Accelerates the recruitment cycle
Having all candidates’ data gathered and arranged in a single platform allows recruiters to understand the recruitment cycle better. Automated communication tools further shorten the recruiting cycle by offering general follow-up and advancing applicants to the next phase.
Thus the option of creating and implementing a more efficient process ranks high among the Applicant Tracking System advantages.
8. Improved budget optimization
When it comes to the recruitment process, ambiguity regarding the right direction to spend may lead to a lot of needless expenditure by a firm, resulting in losses. For example, a firm may end up wasting a lot of money on job advertisements in many mediums and channels when it could have just invested in the right social network.
Using various personalized data driven recruitment approaches, an Applicant Tracking System determines the best platform to invest in, making your technology stack sustainable.