The recruiting and hiring process is a lot of work. It takes hours and hours of recruiting, reviewing, and interviewing to get suitable candidates, and you often get dozens of resumes that need to be corrected for the position. This is where an automated applicant tracking system comes into place.
Many
companies don’t have the resources to spend hours on the phone talking to
potential hires. The automated ATS can help you find the best candidates for
your company without spending all your time on hiring.
You
don’t have time to waste on people who aren’t going to be a good fit, but you
don’t want to lose the best people because your system is too slow. Recruiting
new team members is a lot of work. It takes time to sort through resumes, find
candidates, and schedule interviews.
In
this article, we will find out what ATS recruitment is, get through the concept
of an automated applicant tracking system, and explore the best applicant
tracking systems’ benefits that different ATS companies provide. Let’s get
started!
What is The Automated ATS?
When
looking for a candidate for a specific position, you will use an automated
applicant tracking system to find the best fit. And why is that? It is because,
as the specification of your candidate increases, it becomes easier to find
those candidates with such an ATS.
The
recruiting industry has gotten a lot smarter over the past few years, and many
companies are using Advanced applicant tracking systems to help them find
talent faster and more efficiently. The bottom line is that automation is the
future of recruiting, and that’s a good thing for everyone.
Why?
Well, for starters, these tools help companies hire faster and more
efficiently. But how are they used efficiently? It can handle all the
time-consuming stuff like interview schedules, maintaining the talent pool,
looking for candidates to meet specifications, background checks, and more.
In
simple words, an automated applicant tracking system is just a helping hand in
your recruitment process. Who uses automated ATS and how do they work? Let’s
review what’s possible with these new tools.
How Does ATS Work?
The
purpose of automated applicant tracking systems is to make the hiring and
recruitment process more efficient for businesses. It uses artificial
intelligence to determine who is the most qualified applicant for a given
position.
The
time it takes to filter out thousands of unqualified applicants is reduced
thanks to ATS's ability to screen applicants quickly. A good way to reduce
recruiting costs is to use an ATS.
In
addition to screening potential employees, a well-designed automated applicant
tracking system should enable job seekers to submit applications via mobile
devices. This enables employers to select candidates from a sizable applicant
pool and automatically rank them according to their qualifications.
An
efficient applicant tracking system should be able to sort and screen resumes
and enable users to provide feedback on potential hires. Even mobile device
collaboration is possible with some systems.
The
real catch? Automated applicant tracking systems streamline and improve the
hiring process, especially for hiring managers who are already overburdened.
Who Uses an ATS?
An
applicant tracking system is used by the majority of big businesses. Over 98.8%
of Fortune 500 companies, according to research by Jobscan, employ applicant
tracking systems (ATS), according to estimates from a survey by Kelly OCG, 66%
of large businesses and 35% of small businesses respectively. These figures are
also still rising.
An
automated applicant tracking system will probably be present if you're applying
to a big company. You must use an ATS to submit your application if it is
submitted via any online form. Indeed and LinkedIn, two popular job sites, both
have their own internal ATS.
There
is no doubt that ATS will endure. Due to this, it's crucial to format your
resume so that ATS software can easily read it and use the appropriate
keywords.
With
that said, it takes us to the next, where we would go deeper into how an ATS
improves the efficiency of the hiring process or, in short, ATS recruitment.
How Does an Automated Applicant System Improve The Hiring Process?
In
ATS recruitment, there are numerous ways an ATS helps improve the hiring
process's quality. The ATS companies differ significantly from those who don't
use ATS recruitment. Here are the following ways these automated applicant
tracking systems differ:
1. Make Notes From The Interview
We
frequently emphasize speed when discussing hiring excellent employees and
designing the best hiring process possible. The best candidates are often hired
first, so hiring slowly will cause you to pass up the best candidates during
the posting, application review, interviews, and offer stages.
2. Share Automatically on Job Boards
Speaking
of sharing, using automated applicant tracking systems makes it easier to
submit your job postings to the best job boards. You can send your job postings
to free job boards with a single click, saving you from copying and pasting
them ten times.
3. Monitor The Length of Your Hiring Processes
One
estimate states that while the average organization needs 27 working days to
hire a new employee, the best candidates are typically off the market in 10
days. Therefore, you cannot be average if you want to make a top-tier hire;
otherwise, you will be 17 days late.
Benefits of Using an Automated Applicant Tracking System
In
an automated ATS, you can track the candidates until they are hired. The ATS
will help you cover your bases as you search for hiring candidates. The ATS
will help you to find the best candidate to hire by collecting information
about the candidates from the relevant databases. Let's hop onto the benefits
of an automated applicant tracking system:
1. Shorter Time-To-Hire
According
to 86% of recruitment specialists, ATS has sped up its hiring
procedure.
Most
recruitment-related tasks can be completed more quickly thanks to applicant
tracking systems. Through ATS, it is now quick and simple to complete tasks
like resume parsing, scheduling interviews, eliminating non-qualified
applicants, and sending out automatic email notifications.
To
accommodate candidates who might be qualified for future job openings,
recruitment professionals can also use ATS to create talent pools.
2. Simple Job Listing
You
can post your job openings across multiple platforms using an Modern applicant
tracking system with just one click. ATSs these days are much more advanced and
incorporated into business models and requirements that allow you to deploy
creative job postings and attract candidates.
3. Improved Cost Per Hire
Because
saving you valuable time is a cost-effective way to save money, applicant
tracking systems. Your hiring strategy will be more effective and economical
because a lot of the administrative recruiting tasks are now automated.
Additionally,
establishing and keeping up a talent pool can significantly lower your cost per
hire. Every time a new position opens up, just picture having the ideal
applicant!
4. Improved Quality of Hire
Research
shows that 78% of hiring managers claim that using an automated applicant
tracking system improved the quality of their hires. According to the
observations of seasoned recruitment professionals, top candidates only remain
on the market for 10 days before finding a new job.
Utilizing
an applicant tracking system (ATS) can increase your chances of hiring highly
sought-after candidates before the competition.
Sending
candidates automated emails enables you to stay in constant contact with them and
is another feature of an ATS. This will facilitate the development of a
relationship with the applicant and may significantly influence whether they
accept your job offer.
You
can create a hiring process that is effective, quick, and affordable with the
aid of an applicant tracking system. To create an incredibly productive
workforce, you should think about an applicant tracking system.
However,
you should first determine your recruitment objectives and challenges before
investing.
So
these were the benefits of using modern approach or advanced applicant tracking
system.
Conclusion
As
you have seen, as you adapt and grow with the ATS, it is essential to know what
is required for scaling up and keeping the ATS on its work in the right place
to make the best of it. So, happy recruiting.
However,
using an automated applicant tracking system benefits ATS companies. It
dramatically improves the efficiency of the hiring process. It saves time for
the agency and the employer. It is a charm for the employer and client.
Frequently Asked Questions (FAQs)
Q1) Why is Having a Good ATS Crucial?
You
can make more data-informed decisions using an ATS, which can produce automated
recruiting reports. The best applicant tracking system will provide thorough,
simple-to-understand recruiting reports and analytics, whether the issue is
time to fill or job board ROI.
Q2) How Many Employers Make Use of
Automated Applicant Tracking Systems?
ATS
is utilized by more than 98.8% of Fortune 500 companies and 66% of large
businesses, and 35% of small businesses.
Q3) Do Small Companies Employ ATS?
Because
the same person oversees the entire hiring process from beginning to end and
frequently only interviews a few candidates for each position, tiny businesses
typically use something other than the best applicant tracking systems (ATS).
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