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The Importance of Applicant Tracking Systems for Your Business

The Importance of Applicant Tracking Systems for Your Business

Current Hiring tech climate

The hiring process evolves at a rapid pace. This is due to the rapid technological advancements that occur on a daily basis. As an example, consider job postings. As we can see today, they are much more accessible than they were in the past – social media and the Internet have made them available to almost everyone, which can be a double-edged sword.

On the one hand, hiring departments have access to a pool of qualified resources; on the other hand, anyone can apply, even if they lack the necessary skills. This makes the hiring process difficult and exhausting for the hiring department, especially if they receive the candidates' resumes in their inboxes and must manually review them to find those who are a perfect fit for the position.

So, how can you make this process easier, save time and money, and automate the hiring process all at the same time? There are two options:

  • 1 Implement an Applicant Tracking System
  • 2 Customize platforms such as Airtable to function as an applicant tracking system. In the following paragraphs, we will discuss the advantages of having an applicant tracking system.

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The Effectiveness of an Applicant Tracking System

Developing an efficient recruitment strategy entails automating and implementing streamlined and agile processes, allowing recruiters and HR managers to focus on more important tasks rather than manually screening job applications. The Applicant Tracking System comes in handy here. Applicant Tracking Systems automate the recruitment process and significantly improve the hiring department's efficiency by digitalizing, storing, and screening resumes received from job candidates. So, to define the Applicant Tracking System, it is a human resources software that collects, stores, and analyzes resumes of job candidates and recommends job candidates who are the best fit for a specific job posting. That being said, it is clear why having an Applicant Tracking System in place in your company is essential. However, we will go over a few more reasons why this or a similar type of software is critical for your business.

Significantly less time is spent on manual and administrative tasks.

Implementing an Applicant Tracking System accelerates the entire recruitment process by automating the process of publishing job postings, sending follow-up emails to candidates, storing, and analyzing candidates. This, in turn, ensures that each and every job candidate receives a follow-up email, and greatly reduces the chances of human error.

Improved and more efficient screening of job candidates Once you've defined the criteria for screening job candidates, the software will perform the initial screening of resumes and send you only those that meet the criteria you've specified. By automating the manual screening of each application, you save your recruiters a significant amount of time that they would otherwise spend screening candidates who aren't a good fit for the job.

Enhanced the recruitment process and strengthened the employer brand

The Applicant Tracking System also provides information on how your job candidates apply for jobs and the stages of the recruitment process. Having this kind of information can also help you optimize the process and eliminate any bottlenecks that may arise. And, once you've fully optimized, automated, and digitalized your recruitment process, you'll be able to provide a consistent and engaging recruitment experience, boosting your employer branding.

Access to all hiring information in one location and a large pool of candidates

Because the software functions as a database and stores all candidate information in one location, you can easily access that information whenever you need it. You can also look through the candidates who were not chosen as the best fit.

Last but not least in importance, manually screening resumes, especially when the number exceeds 100, is impractical, even for a hiring department with more than 20 employees. The perception that the process is manual and prone to human error can stymie the entire hiring process, harming both recruiters and job candidates.

To summarize, an Applicant Tracking System is an essential component of any effective hiring strategy. By automating the entire process, eliminating the need for human interaction during the screening process, and integrating and communicating with other departments, the overall operational efficiency of the business can be significantly improved. 

When you're ready to expand your team is here to support you along the way, sign up for a free 14-day Hirize trial.