What is Applicant Tracking Software?

 

In today’s fast-paced world It is foremost to hire the right candidate in the least time. This needs the hiring managers to deploy the applicant tracking system for their organization to meet the hiring objectives. But the question arises what is an Applicant tracking system (ATS) and how does it help in the recruitment process?

 

An applicant tracking system is an HR tool that mechanizes the complete hiring process of the organization. It helps the recruiting managers, hiring staffs to recognize the suitable and deserved candidates, attract them, connect with them for recruiting stages and finally hire the best talent for the required position. While it can be considered as a storage space for the job applicants to aid in compliance, the modern ATS tracking system assembles and streamline the hiring process from source to hire increasing the productivity and efficiency of recruiting managers.

How does an Applicant Tracking System help in the recruitment process?

 

Single click job posting

The applicant tracking system can help in posting job advertisements to a wide range of job portals in just a few clicks. This reduces the time and effort of posting job requirements manually and increases the possibility of reaching more candidates quickly.

 

ATS allows custom features

The recruitment Tracking System allows customization and redesigning features that help to hire managers to use for specific job roles. The ATS is enabled with predefined keywords and phrases and it uses semantic algorithm methods to track the right candidates.

 

Streamline the hiring process

While job applications are received online, the ATS tracking system starts screening the resumes against the required profiles sorts them, and ranks them according to the hiring criteria. This way recruiters get substantial time to evaluate the candidature of applied candidates. not the less the candidates also get an update about their application status once their resumes are received.

 

Manage talent pool

Once the candidates are shortlisted, ATS makes the recruiters send requests for online tests, interview rounds via email or texts, and follow-up with the candidates. Nevertheless, the ATS tracking system also stores the information of non-qualified candidates and reminds them whenever there is new position opens up.

 

Reduces paperwork and increases productivity

ATS tracking system is one of its kind to provide all kinds of administrative tasks reducing the use of physical documents. This helps in sending offer letters, collecting candidates’ documents, e-signature documents, and so on. This software replaces the multiple uses of spreadsheets, emails, manual registers, and that burdens the huge load on recruiters.

 

ATS helps in collaboration

The applicant tracking system not only makes the recruitment process easy but also helps in collaborating with other departments. It can be tallied with the finance, legal teams to carry out payroll and salary-related tasks. This helps in giving the best onboarding experience to the candidates while they are being connected in real-time.

 

ATS generates analytical reports

ATS helps in giving an overview of the entire hiring event through system-generated reports and analytics. In case the company wants to know top sources for maximum job applicants, no of candidates were shortlisted in each stage of hiring or the skill sets and education of candidates applying for a job can be measured through an ATS. In the end, the employer can see the behaviour and feedback of the candidates which will give the insight to improve further.

 

Conclusion

It is said that early bird catches the worm and this is true in hiring also. The longer company holds the candidature, the more chance of seeing that candidate elsewhere. So it is of utmost importance to hire the ideal candidate at the right time with perfections. An ATS tracking will not only make hiring easy but will enhance the company's brand value in the market. An ATS which incorporates well with CRM and HRIS assists with getting benefits past the standard ATS system available in the market. This way the company can have the best investment for a long period.

 

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