GET AHEAD OF THE COMPETITION WITH AN APPLICANT TRACKING SYSTEM
Your Hiring Teams Need An ATS – Here’s Why
An applicant tracking system (ATS) can make your Talent Acquisition Solution much more efficient.
An ATS streamlines applicant data, making it easier to manage and track the progress of open positions. It also makes communication with applicants simpler, allowing recruiters to quickly reach out and engage potential candidates at any stage in the recruitment process.
What is an ATS?
Applicant tracking systems are a type of software that organizes, tracks, and sorts job applicants. ATS features include hiring workflows, job postings, candidate profiles, and applicant scoring. An ATS automates the applicant tracking process, providing recruiters and hiring managers greater control and insight into their recruiting efforts. It can help hiring personnel identify top talent quickly by sorting through applicant data to find qualified candidates that best fit the job requirements.
An ATS also helps lower cost per hire by streamlining communications and reducing manual work in applicant tracking. Lastly, it can help businesses hire faster by automating applicant tracking processes like applicant screening, interview scheduling, and applicant onboarding.
Read more about applicant tracking systems: Is an ATS Worth the Investment?
For High-Volume Hiring
Using an applicant tracking system can help hiring managers who hire large numbers of employees save time, enabling them to focus on other duties like store operations. An ATS streamlines applicant data, allowing comparison of applicants quickly and efficiently. Additionally, it provides a standardized process for applicant screening and onboarding, reducing the amount of manual work involved in applicant tracking.
Furthermore, an ATS can also be configured to generate applicant reports, helping hiring managers uncover trends and track applicant progress.
Better Than a Spreadsheet
Manual applicant tracking with spreadsheets can be tedious and time-consuming, leading to errors and omissions. Without a standardized applicant tracking system, it’s difficult to capture all applicant data in an organized manner, making it hard to compare candidates. Additionally, analyzing applicant trends or identifying quality metrics is nearly impossible.
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Without a straightforward way to capture and analyze hiring data, HR and store managers will have difficulty understanding or reporting the impacts of hiring processes. And management may never be able to identify areas for improvement.
But don’t worry. An applicant tracking system can end those stressors!
Best Features of an ATS
Here is a look at some of the features the best applicant tracking systems provide businesses.
1. Customized recruitment processes
No two companies evaluate and hire workers the same way. With an ATS, you can customize the hiring workflow for every role in your organization to standardize your recruiting process, including interview scheduling, resume parsing, and the application process. Task lists, shared calendars, and automated alerts ensure that nothing falls through the cracks.
2. Automated job postings
Many ATS platforms allow users to post job openings on their company careers page, social media accounts, and popular job boards like Indeed, ZipRecruiter, and LinkedIn. They enable recruiters to quickly and easily post on multiple channels with just a few clicks of a button, allowing them to reach a wider applicant pool and ensure the right people see their postings. Reusing job posting templates and scheduling posts in advance can save teams valuable time.
3. Candidate data management
As applicants from various sources submit their resumes to be considered for positions, ATS software can automatically import them into a secure database for safekeeping. Comprehensive candidate profiles can be created, searched through, and filtered by a number of criteria (e.g., location, role, skills) to quickly find specific information. It also makes it easier for hiring managers to track applicant progress and communications.
4. Applicant scoring and ranking
ATS software provides a centralized hub where recruiters, hiring managers, and more can collaborate on evaluating job applicants. Standardized rubrics ensure everyone uses the same criteria for every candidate. Some systems can even rank candidates automatically based on experience, skills, or other characteristics chosen for a given role and based on the information provided in the job application.
5. Recruiting analytics and reporting
Where are candidates falling out in your recruiting process? Which online source sends your company the best job candidates? Embedded recruiting analytics in an ATS can answer these questions and highlight areas where your organization can improve. ATSs can also generate standardized reports for compliance purposes or to keep stakeholders up to date. Visibility into their talent Acquisition efforts enables hiring teams to measure the effectiveness of their recruitment strategies.
These features help hiring teams to save time on mundane tasks, understand and track their applicant pool, make data-driven hiring decisions, and provide a better candidate experience.
But that’s not all. Applicant tracking systems also help businesses hire faster, improve their workforce, and save money, giving them a clear competitive advantage.
Competitive Advantages of an ATS
Here’s a look at four ways an applicant tracking system can help you get ahead of your competition.
1. Hire People Faster
An ATS streamlines applicant data, making it easier to manage and track the progress of open positions. It automates much of the applicant tracking process, providing recruiters greater control and insight into their recruiting efforts. It can help businesses identify top talent quickly by sorting through applicant data to find qualified candidates that best fit the job requirements.
It also makes communication with applicants simpler, allowing recruiters to quickly reach out and engage potential candidates at any stage in the recruitment process. Hiring faster means beating your competition to the best candidates.
2. Lower Cost per Hire
An applicant tracking system can reduce your cost per hire by minimizing the time it takes to fill open positions. The process begins with a search for candidates who meet your criteria and then continues with scheduling interviews, administering tests, and managing paperwork throughout the hiring process.
According to some estimates, the average cost per hire is $5,000 or more. Using an applicant tracking system can cut that cost significantly by speeding up the process and making it more efficient and effective for both recruiters and job applicants.
3. Identify Top Talent
An ATS can help businesses identify top talent by sorting through applicant data to find qualified candidates that best fit the job requirements. This sorting process is instantaneous – much faster than the time it takes a hiring manager to complete. And that’s if the hiring manager has time to look through stacks of applications. When managers scan applications, they likely miss many qualified candidates, something that doesn’t happen with an applicant tracking system.
Additionally, applicant tracking systems provide applicant reports that HR directors can use to gain insights into applicant trends and identify areas for improvement.
4. Scale Your Business:
As a business grows and scales, the applicant pool increases exponentially, making it challenging to manage all aspects of the hiring process efficiently.
An applicant tracking system (ATS) plays an essential role in helping HR meet a company’s scaling needs by streamlining and automating much of the applicant management process: from managing resumes and rejection emails to customizing job postings to screening applications for keywords.
With an ATS, hiring teams can identify top applicants with just the click of a button – drastically reducing the time spent on hiring while ensuring that only high-quality talent is brought on board. This technology will provide any business with immense success when scaling its team.
With such advantages, an ATS guarantees a return on investment that will last long into the future.
Using manual applicant tracking with spreadsheets can be inefficient and ineffective, making an applicant tracking system essential for any company looking to maximize its talent acquisition solution and stay ahead of the competition.
Leveraging the power of applicant tracking systems can help businesses hire people faster, lower their cost per hire, identify top talent quickly and scale their operations. With these benefits in mind, it’s clear that applicant tracking systems are an indispensable part of any Talent Acquisition Solution.
Are you looking for an applicant tracking system to help your business hire the best talent quickly and easily? Look no further than Cadient’s Applicant Tracking System! Our ATS is designed to streamline recruitment, from searching for qualified candidates to scheduling interviews and onboarding new hires.
Our sophisticated yet easy-to-use ATS can help ensure you never miss out on the best talent and gain an edge over your competition. Contact us today to learn more about how Cadient’s Applicant Tracking System can help your business succeed! Click here to request a conversation.
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