6 Reasons Why you Should Consider Implementing a New Applicant Tracking System
An applicant tracking system is one of the most used software by human resource departments. This system first appeared in the early 2000s. It helped to revolutionize the hiring process by enabling hiring managers to work on organizational matters.
With an ATS, organizations can refer to single programs that include all the data in an organized manner
An ATS keeps all resumes in one place, thus allowing hiring managers to stay organized and EEOC complaint. A lot of large corporations use an ATS. According to research, 96.4 percent of fortune 500 companies use it because the old ways of recruiting and hiring aren’t cutting it.
Reasons for Implementing an Applicant Tracking System
It’s important to reduce the possibility of hiring the wrong candidate. To help solve this, managers are going beyond the traditional methods to simplify and streamline the process. This enables them to attract and retain the best talent, including making the best decisions.
The integration of an ATS is one of the methods being used. Here are the convincing reasons why organizations utilize an ATS in their operations.
It Provides Valuable Insights
An applicant tracking system helps by automatically tracking and measuring every step of the hiring process. That means that it collects data while calculating different recruiting metrics. It then moves on to create beautiful and comprehensive reports.
These reports give users insightful data about parts of their recruiting processes that bring results. The reports also show parts that don’t bring results. Aside from that, it points out bottlenecks and the different aspects that need adjustments in the hiring process.
An ATS, for instance, will tell you which of your job postings attract the most candidates. It can also notify you about what channels are bringing in the best candidates.
These reports allow organizations to monitor key recruitment metrics. They also provide useful insights to improve the management of the recruitment process.
The reports assess the performance of the recruitment process. This allows you to recognize where you are wasting the recruitment spend. Moreover, they can help you to identify where you should be using your recruitment spending to improve results.
2. Streamlining the Hiring Process
An applicant tracking system software helps organizations in simplifying and streamlining the recruitment process.
This software can organize the whole process and unify different recruitment tasks and tools into a single platform. This means that users don’t have to shift between the different systems and tools that they relied on before. You probably used excel spreadsheets, mobile phones, and emails, including candidate testing tools.
By integrating this software, the different tools you relied on before will be accessible through a single, user-friendly ATS interface. It makes it easy for organizations to directly access, track, and manage the candidates’ progress. This leads to a hiring process that’s more organized and streamlined.
An applicant tracking system also makes it easy to have effective team collaboration. With it, the human resource team can easily share information about candidates . But what is an applicant tracking system? It’s an automated software used to simplify the recruitment process. It makes work easier for human resource departments by managing job applications and candidate information..
3. An ATS Saves Time
An ATS system helps to save organizations a lot of time by automating tasks that previously required manual work. Some of the tasks that include manual work are the input of data from CV submissions into spreadsheets.
With the integration of an ATS, all of your candidates’ data can be automatically imported onto the platform. This helps to save organizations the time they would have used on manual work. It automates every step of your resume processing.
When candidates fill in an application form, an ATS takes over and does the rest. It stores the resumes, creates a candidate’s rich profile, and screens the application while eliminating unqualified candidates. The role of the hiring managers is to pick out the most qualified candidates. This list is served by the applicant tracking system online.
4. Improved Candidate Experience
The experience of a candidate during the recruitment process can have a huge impact on the organization. That’s because if your hiring methods are outdated, then candidates will not bother applying. This can cause you to miss out on a large part of the talent pool.
Candidates also expect hiring managers to contact them constantly. If that does not happen, the whole process will be considered poor. Note that an ATS provides special email forms. It also has features that enable you to create a candidate’s profile and perform all communication.
It comes with a personal contact that compensates for the presence of a human resource manager. This signifies that you don’t have to worry about losing candidates due to defaults during recruitment.
5. Better Data Analysis
An applicant tracking system software enables organizations to simplify getting the data needed to make critical decisions. Such decisions revolve around the following:
- The optimal time to hire
- The total cost of hiring new team members
- Reasons for a candidate’s rejection of a job offer
- The kind of job advertisements that attract the highest number of job applications
The information obtained here is very important during the hiring process. It can help human resource departments in making better hiring decisions. There’s nothing better than an ATS system that will help you collect this data. The software also organizes the data, places it in order, and allows you to refer to it when necessary.
6. Improved Quality of Hire
An applicant tracking system helps to improve the quality of hires. And there are many reasons to justify that. An instance is that thanks to the initial automated matching of candidates, organizations only engage with the top talents.
With the automation of administrative tasks, hiring managers have enough time to engage with candidates during the selection process. This allows them to get more data on the candidates and make more complete assessments before a hiring decision is made.
Organizations can achieve amazing results with an applicant tracking system. The integration of this software is the best decision that HR teams can make. It frees up employees from tedious repetitive tasks by automating them, therefore, increasing productivity. It also increases the accuracy of processing information.
It will help you get the best talent and reach your recruitment objectives easily.
Dan has hands-on experience in writing on cybersecurity and digital marketing since 2007. He has been building teams and coaching others to foster innovation and solve real-time problems. Dan also enjoys photography and traveling.