Applicant Tracking System ensures management of the business “An applicant tracking system (ATS) is a software application, which helps different organizations and agencies to meet the electronic handling of the recruitment needs.” An ATS can also be implemented on in enterprise or small business organizations as per their requirements. ATS systems are same as the customer relationship management systems; the only difference is that these systems are designed for keeping a track record of the recruitment process. In many organizations and corporations, applicant tracking systems are installed to manage resume data and handle the job applications. On the enterprise level, the ATS is offered as a module or functional addition to human resources suite or Human Resource Information System (HRIS). This system is expanding into small as well as medium organizations through open source or software as a service offering (SaaS). The main function of this system is to offer database and a central location for a company's recruitment efforts. ATS are designed and developed to ensure better assist management of resumes and application information. The data is either collected from internal applications through the ATS frontend that is located on the company website or is extracted from applicants on job boards. The majority of job and resume boards like Monster, Hotjobs, Career Builder have partnerships with ATS software providers to install parsing support and ease of data migration from one system to another. Modern ATS systems allow applicants to be sourced from the company's own database of past job applicants. An ATS can also be used to post the job openings on a corporate web site or job board, screen resumes, and generate interview requests to potential candidates by email. Some of the other features are mentioned below: •
Individual applicant tracking
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Requisition tracking
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Automated resume ranking
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Customized input forms
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Prescreening questions and response tracking
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Multilingual capabilities
The Applicant Tracking System provides thousands of staffing and recruiting agencies across the world with all the tools that they require to efficiently managing the sales and recruiting. It also helps in generating the job orders and making the placements. With the help of this software, recruiting and sales professionals can have full visibility of the client’s activity along with candidates availability that would enable them to make placements faster and build stronger client and candidate relationships. As it is a highly configurable, comprehensive solution for streamlining complex corporate recruitment activities, it is estimated that roughly 50 percent of all midsized companies and almost all large corporations use some type of applicant tracking system. It powers multiple internal and external recruitment websites and ensures maximum output and complete benefit for the different organizations. Altamira provides different types of business management and recruitment software like performance appraisal software , staffing agency software etc.