An application tracking system (ATS) is a piece of software used by recruiters and employers to keep track of candidates throughout the different phases of the hiring and recruiting process. From simple database functions to a comprehensive set of resources, this software may make it simple for businesses of any size to find, evaluate, and hire the best candidates. The programme might come equipped with these features by default.
The benefits of using a system to track applications are many.
Finding, hiring, and making the most of the greatest workers is essential to the success of every business, regardless of industry. There are a number of moments during the recruitment and onboarding procedures when many businesses run into substantial roadblocks. Depending on the specifics of the system, an applicant tracking system (ATS) may provide tools that help businesses attract, hire, and retain top talent. Some potential benefits of using an ATS are as follows:
Locate suitable candidates and convince them to apply.
It may be beyond the means of certain businesses to reach out to the most qualified job seekers or to cast a wide enough net in the market. However, some businesses may be unable to attract qualified candidates because they lack the brand recognition or marketing budget to build it. These critical issues with candidates may be easier to solve with the help of an application tracking system. To get the most out of each hiring effort, you may improve your system using artificial intelligence (AI) and machine learning features like candidate profiling, talent evaluation, and outcome prediction. This helps businesses get insight into applicant behaviours, raise brand recognition, and narrowly focus on individual job searchers across the channels and mediums they choose.
Boost Participation Among Voters
High-touch candidate management involves providing continuous support from the first point of contact until the scheduled start date. It’s easy to miss out on a promising candidate because of a lack of communication or preparation for an interview. This might be a really irritating circumstance. To make sure that no part of the candidate lifecycle is overlooked, use an application tracking system (ATS).
Increase output while decreasing overhead costs.
Because of inefficient manual processes, a lack of collaboration within the recruiting department, and communication breakdowns with key hiring stakeholders, the applicant pool travels slowly through the hiring process. As a consequence, the ratio of time and money spent on hiring is high. By using an ATS, the whole recruitment team may have better insight into the hiring process, and there will be more opportunities for team members to communicate with one another during the entire candidate journey.
Don’t fall behind the pack.
In 2019, 99% of Fortune 500 companies used an ATS to manage their candidate pools and shortlist candidates for interviews.1 Although these companies have the brand awareness and financial wherewithal to compete for top talent, an application tracking system (ATS) might help level the playing field by providing easier and quicker access to qualified applicants.
Conclusion
The right ATS may also be helpful throughout the onboarding process. This feature guarantees that recruited candidates are well-prepared to contribute to the company from their first day on the job, which boosts productivity and retention rates.
