Your highly skilled human resources department managed to create perfect job descriptions, post them online and promote them to attract nothing but the best of the candidate pool. But are they ready to handle the influx of applicants in an adequate manner? One small mismanagement can make you lose a talented candidate. And one thing can help you amplify your profits on recruitment and promise a significant return on investment.
An applicant tracking system is a solution to your recruitment needs. It can sort out the best candidates for you, communicate with them for you and give you the right stats to improve the recruitment procedure. Did we mention how it can make your HR team more productive?
Through an enterprise level applicant tracking system, you can easily target the right candidates, attract them to your business, manage the recruitment process and boost employee retention.
If you're still unsure about the implementation of an enterprise-level applicant tracking system, keep reading.
1. Better communication with candidates
From your experience with recruitment, you would know that it is tough to get the right kind of applicants and make them stick to your company. And, even more, horrible situation is when the candidate drops out during the ongoing recruitment process. How can you avoid such drop offs?
The key is to keep your potential candidates updated. Send them timely emails with updates and try to keep them engaged in your enterprise. Automated communication is the only option to implement practically this solution we suggested. It saves you time, resources and money.
2. Easy reporting
Proper statistics analysis is necessary for every business field. And it is equally important for the human resources department of your company. An applicant tracking system can provide you with accurate reports on several important aspects of recruitment like cost per hire, time per hire and thus improve the overall recruitment process.
3. Reduce overall cost of recruitment
Due to automated resume parsing, communication with candidates, analytic reports and recruitment updates on major job boards & social media, your human resources team would be able to finish up a lot of work in the substantially lower amount of time.
Just calculate how many tasks got automated and how much workforce you would need to get those done manually. We think that assumption would give a big enough reason for implementing an enterprise-level applicant tracking system.
4. Social media recruiting
Top quality applicant tracking systems allow smooth social media integration. Why is it necessary? Because social media now acts as an important hiring platform for a lot of big companies and most probably, for you too. Your potential employee is indeed hanging out on some or other social media platform and to be able to communicate information to those people, you need to get active on social media as well.
Through a well-integrated system, you can easily post job requirements on social media and even track the kind of response you get.
5. Data capture and migration
With a proper system handling your recruitment procedure, you can create a database of potential candidates for your business. That implies that over a period, you would be able to recruit even without reaching out to people on various job boards. How great that would be!
Also, applicant tracking systems allow easy migration to different platforms. That gives you the flexibility to keep updating your business infrastructure without worrying about losing the important data you've collected over a period.
And, even more, important thing you must know is to be able to enjoy the benefits of such an automated technology; you require a top quality applicant tracking system. Talentrackr is one of the most updated systems that allows easy managing of clients, applicants and team members. In case, you're not still leveraging the power of applicant tracking systems, you need to check Talentrackr right now.
Category:
Software
Applicant Tracking System
Resume Parser
Recruitment Automation Software
Talent Acquisition Platform