How an ATS will help you hire quality and reduce time and costs?
ATS or an Applicant Tracking System is an integrated software used by companies to hire faster and better candidates. Many large companies have already integrated themselves with an ATS and thus offers a wide range of solutions for hiring and streamlining the interview process. Let’s take a look at how an ATS can improve your quality to hire and reduce costs and time.
Firstly, an ATS can be used as a sourcing tool. It identifies applicants that have already applied in that organization and is a central repository for rich resumes. Secondly, it is one click away to posting 1 job across numerous job boards. An ATS can enable interview scheduling, automated resume parsing and screening and even provides recruiting analytics and reporting. How are all these functions beneficial to an organization?
An ATS will speed up the recruiting process and lower recruiting costs. It build high quality talent pools and elevates candidate experiences. It reduces time to hire. When a company is hiring, they spend most of their resources on advertising, promoting and posting. But on an ATS, this is reduced by 86% as all are integrated through one platform. An ATS will cut down on costs per hire as well. Since time is money, saving time means saving money by less human hours and more automated emails thus making the hiring strategy more efficient. Another important benefit for using an ATS is the quality of candidates that you hire. ATS builds and maintains talent pool which means specialization across various domains, locations and advanced skill sets. This improves team and HR collaboration and candidates get a better experience while interviewing and thus spreads a good impression of the company. It makes the candidate want to work at this particular company.
So, if you want to get rid of all the old fashioned recruiting challenges, investing in an ATS will wipe all of it. Choosing the right ATS is a bit of a task, but nevertheless, it still makes the recruiting process easy and proficient.