The hiring process isn’t always the same since it constantly changes over time. This happens because of technological advancements in the daily world. As we can see, the hiring process has changed and made it much easier than it ever was with traditional hiring methods.
The hiring department has access to a pool of resources, and on the other hand, everyone can apply, even those who don’t have the necessary skills. Therefore, this makes the hiring process tiring.
New technologies such as Applicant Tracking Systems (ATS) are an excellent way to take advantage of your hiring process and reduce time consumption. However, that’s not it; there are many more benefits. We will discuss the ATS and how it’ll save your company the necessary time and money.
11 Benefits an ATS grants you
Less time consumption and margin of error
The ATS is well known for being highly effective in reducing time consumption. All because of the automated process of publishing job postings, storing, and analyzing potential candidates. In this case, it ensures that all candidates receive a follow-up email and significantly reduces time consumption and the possibility of making errors while sending emails.
It makes hiring fast and cheap for small businesses
Small businesses are usually running on small budgets to optimize their profit rates. Their attention usually goes to what customers and employees immediately need. However, ATS software is generally overlooked, but its efficiency and smartness are on a new level.
Businesses with a plan, vision, and the proper tools can launch these for future growth. Now, let’s not forget that ATS is one of the most important tools for a business. Its most significant advantages are that they optimize productivity rates, make recruitment complaints, and set a foundation for future growth.
There are many popular ATS tools on the web, but choosing the one that will help you save time and money is important. For instance, Freshteam ATS for small businesses is a tool that enables you to streamline the hiring process, manage your job boards, make collaboration smoother, and build a robust talent pool.
Quick and unbiased decisions
Recruitment software can view your applicant history and make informed decisions accessible to all team members. In addition, the ability to view comments and feedback from applicants allows for transparent decision-making. So, you don’t need to worry about any of your information getting lost or placed in the wrong area.
You can easily access it all in one hub, resulting in a faster decision-making process. So, create custom application forms with smart questions powered by AI-powered CV that shortlist the most suitable candidates.
Saves you money
You’ve heard the popular word; time is money. This is especially true regarding knowing how expensive the hiring process is. Hiring an employee alone can cost you thousands of dollars, and it can take weeks to make the right hire. Additionally, hiring people faster also means there is miscommunication, more engaging candidate experiences, and more.
Now, let’s not forget that the hiring process means much fewer empty seats, higher productivity, and a successful business.
A more efficient way of improving the candidate screening process
Once you formulate your criteria on what job candidates should screen, the software will begin the initial screening of resumes that meet previously set requirements. So, by automating the manual screen process for every application you have, you save your recruiters time which they can use for screening candidates who aren’t suitable for the position.
Strengthen employee branding
An attractive employer brand has never been as powerful as it’s today. A strong employer brand is what can make a significant difference when it comes to attracting both passive and active candidates. With an ATS, you can both measure and analyze to improve your employer branding strategies.
So, seek to create branded job postings, customized emails, and eye-catching career portals.
The ATS improves the candidate’s experience
There is a significant difference when talent comes around. In fact, more than 50% of the newer generation (Gen Z) won’t consider applying to your company if they see your methods are outdated. Also, you can’t ever afford to miss out on a large part of the talent pool.
So, the proper ATS will allow your team to improve its candidate experience with the following features:
- Making it much much easier for candidates to apply through the mobile application tools and career sites
- Keeps candidates updated on the hiring process. In fact, 96% of candidates are concerned about the company’s transparency.
- Simplifying the hiring and onboarding process with an ATS that integrates with HCM software solutions
- Helping recruiters quickly get in touch with candidates and speed up the hiring process
Access to hiring information all in one place
The software acts like a database and stores the applicant’s data in one place, where you can easily access this information whenever needed. You can even go through all applicants that aren’t the right fit for the job.
Especially when you have to go through hundreds of applicants, that is the least preferable thing to do. No matter how much of an expert you are, going through hundreds of applications with a few employees on your team isn’t something fun to do. You may ask why? Since there’s a greater chance of error that may disturb the hiring process, negatively affecting both applicants and recruiters.
The ATS doesn’t make you go through this challenging process. It stores information in one place, allowing you to switch between applications quickly, compare candidates, update their status, filter candidates, and search for candidates without leaving the system. During busy schedules, this will be super helpful!
Pardons you from data privacy compliance
Data protection is a trending topic in the recruiting world. It’s not something we can let go of and avoid complying with. Complying with data privacy laws is an advantage for recruiters. As new regulations are implemented worldwide and data protection becomes more crucial, it’s essential to find a way of legally handling your private data.
Many ATSs comply with data privacy regulators such as the GDPR and CCPA. So, if you are a recruiter that doesn’t have the time to continuously read about new changes made to data privacy or are not entirely sure how you can handle data.
Easy publishing and sharing job ads
With the ATS, you can easily share your job posting on several job boards, social media channels, etc. In only a click or two, you don’t need to tire yourself out by manually uploading everything from channel to channel and individually monitoring each of them. Additionally, you can see each channel’s success rate in your analytics tab.
ATSs are becoming an industry standard
Manually going through applications is becoming a traditional approach. However, research shows roughly 75% of recruiters use an ATS as part of their daily recruiting work. This means that you’re falling behind in a competitive world of top talents if you are not using one.
Your goal is to stand out from competitors, but avoiding using an ATS won’t help you do that. So, if you avoid using an ATS, you only show a negative example for candidates and your recruitment team. In addition, ATSs are not challenging to use; they speed up the hiring process and simplify it.
Without it, candidates might find out and potentially abandon their application even before going through the first stage of the hiring process. We are during the great resignation, so it’s important to keep up with competitors and ensure you are correctly assessing the skills of your candidates.
How did an ATS change the way recruiters work?
Everything we mentioned above, we saw that the ATS had brought endless benefits to our table. It shows that you are spending less time on your recruiting process, reducing the margin of error, and saving more than $10,000 yearly during your recruitment phase.
Especially in the digital age, time and money are the most important elements we need to pay attention to. So, consider that the ATS is on your side and helping you reduce potential issues you might face without it!
Wrapping it all up
That’s it for this article. Hopefully, you learned a lot about the ATS and how helpful it may be, but it’s now time to put everything into practice. Ask yourself, is your business following traditional recruiting methods, or is it adapting to the power of the ATS?
The ATS has changed how we work, and it’s time to adapt to it and use it to our full advantage!
Tony Ademi is a freelance SEO content and copywriter. He has been in the writing industry for three years and has managed to write hundreds of SEO-optimized articles. Moreover, he has written articles that have ranked #1 on Google. Tony’s primary concern when writing an article is to do extensive research and ensure that the reader is engaged until the end.