What are the benefits of using recruitment software for employers?
It’s now becoming harder than ever for employers to find, hire and retain today’s top candidates. Recruitment can be a lengthy and costly process for any organisation. One important tool that demonstrates the benefits of using recruitment software for employers that could help to simplify and speed up the recruitment process is an Applicant Tracking System (ATS).
What does recruitment software do?
An ATS is a convenient way for employers to post jobs easily online, receive applications, shortlist candidates, communicate and arrange interviews and even gather a selection of data and analytics reports to monitor the company’s hiring method. Candidates can complete their job applications online and upload their CV, which is made quick and straight forward.
As the sophisticated ATS industry is growing more popular with recruiters and employers, what are the four main benefits?
1. Recruitment software saves valuable time
ATS allows recruiters to quickly create job advertisements using the e-software, that can then be easily published on targeted job sites and social media platforms with just one click. This is one of the most critical benefits of using recruitment software, saving you time-on-hire and money that would usually be spent on manually logging and processing candidates individually.
2. ATS databases improve quality and control
ATS recruitment software can keep each candidate’s information, interview progress and other documentation in one place on the database. This is key for improving your firm’s quality and control when it comes to hiring new staff. It reduces the risk of making mistakes or losing crucial information, especially CVs and contact details. Having a quality hiring process will help maintain a positive reputation for your business and become a more desirable place to work.
3. Provides detailed reports for employers
The recruitment software enables you to closely monitor a range of factors that can help improve your recruitment strategy. You can figure out where the candidates are coming from – e.g. direct from the company website, job boards or social media – and how well the hiring managers are performing by the number of placements. The reports that are created via the IT recruitment software can measure how effective your market strategy is, show statistics, number of applications and improve your future strategy.
4. Recruitment tools allow increased communication
Another benefit of using recruitment software such as an ATS improves communications with applicants. The software allows you to create personalised, automated email templates. For example, confirmation that they have applied for a job, or an alert to tell them they have been unsuccessful, or even a reminder for an interview, but it is made easy and efficient with the ATS. This saves time and effort having to respond to each applicant individually.
The downside to recruitment software
Along with the benefits, comes the negatives. An ATS can be an expensive investment that can sometimes take a while to set up and train staff, causing the recruiters to slow down to adapt to the change in technology. When choosing an ATS provider, you should research the different types, not rushing into anything. Some will be less expensive than others but may not be suitable for your needs. Make sure you understand the downside or the benefits of using recruitment software and that it’s right for your business before investing!
Sometimes technology and computers can be unreliable, so make sure you have a good internet connection and system installed so that you don’t have any problems when the ATS is up and running.
So, along with the development come the benefits of using recruitment software and it may be worth a try to improve your overall recruitment process and attract the top candidates on the market today. But, do your research and always weigh up the pros and cons before purchasing ATS.
To discuss the benefits of different types of recruitment software for your business, contact the GR team today to arrange an appointment with one of our experienced consultants.