Sourcing and hiring the best candidates for
any job is perhaps the toughest job that any organization faces. Applicant
tracking systems have emerged as the best arsenal with any company to
make this work a cakewalk and become free of much of its hassle and headaches.
Below, we list out some of the main advantages
of using the latest ATS system for all recruiting requirements.
- It drastically improves the cost per hire by significantly reducing your recruitment-related expenses.
- Along with cost, it reduces the administrative work as well as time significantly.
- By implementing the best practices, it streamlines the entire recruitment process.
- Reduces the hiring time significantly.
- By increasing the quality of hire, it increases the productivity as well as employee retention.
- It improves both internal and external communication.
- The paperwork of the recruitment process is reduced drastically that enhances overall efficiencies.
- Keeping the quality metrics and talent intelligence as guiding principles, it improves the strategic decision-making process.
- It enhances the internal mobility within any organization.
- The EEO/OFCCP monitoring and reporting is much improved and automated today.
- Even the requisition approval process has become automated today.
- The workforce planning and budgeting have vastly improved today.
- The software can even create a database for the future like pipelines and bench strength.
- You can find eligible candidates much faster without any duplicate submissions.
- The company brand is improved through it.
- A database of eligible candidates is created which you can utilize and draw from in times if requirement and emergency.
- Informed decisions can be made especially for critical skilled positions.
- It helps in crystallizing and nailing your best sourcing strategies like finding which platform is giving you maximum success.
- Helps in measurement and goal setting.
- Social media platforms can be directly accessed
- Marketing via job postings
The
above points show the benefits that
businesses can enjoy by having a good applicant tracking software. It is
essential to spend time on knowing the different features of the software that
you might find helpful.
