Applicant Tracking System – The Modern Age Applicant Database Tracker The modern nature of work and the surge in job applicants have made traditional methods of recruiting obsolete. If companies do not repent of their old ways, they might have to pay a heavy price – lose top candidates, experience an overwhelming hiring process, and, most importantly, hurt their image in the job market. All of this is not worth the risk considering the fact that technology has paved the way for a better hiring experience, both for the employer and their applicants. The one-stop-solution for all these problems is an Applicant Tracking System or an ATS software.
What is an Applicant Tracking System (ATS)? An Applicant Tracking System, more commonly known as ATS software, enables organizations, both large and small, to electronically manage the recruitment process, right from the time of application processing up until candidate onboarding. The software includes several useful tools that streamline the entire hiring process, thereby reducing the HR teams' burden.
Benefits of Using an ATS Software There are manifold benefits of using an Applicant Tracking System or ATS software. However, all of these benefits can be bottled up in three broad categories, as given below.
Huge Time-Saver
Perhaps the most significant benefit an ATS software brings to the table is that it speeds up the hiring process. Slow hiring has made many recruiters miss out on the most talented candidates, but an ATS, by automating mundane administrative tasks such as scheduling interviews, reference checking, sending relevant emails to shortlisted and rejected candidates, etc. fast-forwards the whole process. This also means employers get more time to interview candidates; they can better assess whether a candidate is a good fit. Moreover, instead of monitoring several job boards and remembering emails, hiring teams can publish job postings on several channels – Twitter, LinkedIn, Glassdoor, Indeed, etc. – from a single platform that is accessible to all.
Improves Quality of Hire
Recruiters have a narrow time window to grab the best candidates. Since the early bird catches the worm, an ATS software brings in the most qualified talent pool by speeding the process. Moreover, the
pre-screening question feature of these software allows only the most relevant candidates to make the cut. Employers can be confident that the candidates they’re bagging are indeed competitive enough to take on the role assigned to them.
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Enhances the Hiring Experience, Both for Employers and Applicants
Perhaps the most common reason applicants abandon the hiring process mid-way is if it’s too long and tough to understand. Moreover, not being updated is also a reason. An ATS software allows companies to streamline the entire hiring process, even for the candidates. The software itself has unique in-built templates to notify a candidate of their selection of rejection. Employers can have their hands free of these mundane tasks and focus on more important pursuits, such as creating an enticing job description, selecting the right keywords, etc. It's a win-win situation. All of the above benefits, in tandem, will improve employer branding and present them as a favorable company to apply for. In light of so many positives, modern-day recruiters cannot do without an advanced Applicant Tracking System (ATS).