Wondering how some organizations consistently win top talent? Want to know how their hiring managers successfully make great hires even for hard-to-fill positions? This is because they dumped their outdated, inefficient and time-consuming procedures at the right time and replaced them with a fully-loaded applicant tracking system. Keeping pace with advancing technology and updated recruiting techniques have helped them supercharge their sourcing funnel while saving both time and money.
An applicant tracking system offers undeniable benefits to busy recruiters who are struggling to identify, attract, engage and nurture top talent in a candidate’s market. It eliminates every obstacle in your recruiting process like overwhelming paper resumes, posting multiple openings manually, tracking every candidate at every step, keeping them updated, entering data, collaborating with team members and streamlining the workflow.
Here are 6 more reasons you too should invest in HR technology if you want your efforts to give you the best results:
Automates Job Advertising
When a company starts growing, filling vacancies for competitive job functions requires you to expand your reach beyond online job boards and print advertising. Recruiting software expands your reach to millions of job seekers in a single click by automatically posting jobs on multiple job boards and social platforms. It automatically funnels top talent to your mobile responsive careers site where busy job seekers can apply on-the-go.
When you receive hundreds of resumes for different positions daily, screening the relevant ones can test your sanity and patience. Not to forget the possibility of good candidates slipping through the cracks.
An ATS can screen your right fit in a fraction of seconds leaving you a lot of time that can be used to bring the best ones onboard. It manages your processes, procedures, and data from end-to-end while allowing a single pane view of all your candidates so you avoid the pitfalls all the way through.
Accelerates Your Sourcing Funnel
When job requisitions take too long to fill, company productivity goes down and revenue declines. An ATS makes your workflow smoother and speedier by automating every procedure from start to finish.
Being mobile responsive, it offers a seamless application experience, is easy-to-use on any device and ensures a positive candidate experience. It also keeps prospects engaged and informed at every step, seamlessly flowing them through your sourcing funnel.
Saves a Lot of Money
If you feel technology comes at a cost, calculate your average daily spend on recruiting agencies, administrative expenses, referral rewards, job fairs, campus recruitments and job ads. According to a recent study performed on companies using an ATS for hiring, even a small company with just 10 employees could save as much as $10,000 simply by switching to an ATS.
Ensures a Positive Candidate Experience
If candidates don’t receive regular updates from potential employers, are not updated about their progress, and not informed about their status of the application, they can abandon the application process even if they are halfway through.
With an applicant tracking system, recruiters never have to worry about missed interviews because it keeps the candidate involved at every stage of the sourcing funnel with automated emails, interview reminders, and instant notifications.
Drives Your Recruitment Strategy
Creating spreadsheets, downloading resumes, entering candidate information, uploading relevant resumes to your system, screening them, scheduling interviews, analyzing data, tracking performance – all this when done manually increases the chances of errors, discrepancies, and delays. But an ATS offers a centralized view of your applicant data and auto-generates reports to help you track your recruitment efforts and improvise.
An applicant tracking system helps you find qualified candidates faster, saves your time and effort, keeps your prospects engaged and aware, facilitates team collaboration, filters the right fit much faster, gives you instant access to top talent on multiple platforms, helps you build a strong brand identity, eliminates human errors, keeps you on track, and streamlines your workflow by taking the hassles of your cumbersome hiring process.
So if you want to win the talent war and help your company save time and money, consider using an ATS and make the most of the automation.