Finding the right applicant to fill a position is no easy task. After all, it involves many steps including getting the word out about your position and then sorting through sometimes thousands of applicants.
Speaking of which, do you suffer from endless stacks of employment applications, or are you perhaps still working with an outdated applicant tracking system? Keep in mind, in order to attract top talent, updated and comprehensive employment application software is needed. In fact, some 90% of all Fortune 500 Companies are currently using an applicant tracking system or ATS and having immense success. Read on to learn more about the importance of integrated application software for your modern business:
What is Integrated Application Software?
An applicant tracking system or ATS is a type of recruiting software that helps streamline the hiring process from beginning to end. It handles tasks such as posting job openings to multiple job boards, storing applicant data and screening applications for potential matches.
How Does Integrated Application Software Work?
You can post job postings to over 4,000 job boards at once to reach a higher volume of candidates. Doing this also directs all your applicants to one place, streamlining the process, so you don’t have to chase down those resumes from a bunch of different sites. This is a huge time saver when you are trying to weed through a huge amount of applications. There is also an additional feature of some ATS systems that allows you to transfer applicants' basic info into the payroll system once they have been hired, but that is only applicable for some systems. Suffice it to say that applicant tracking systems can significantly reduce time-to-fill for hiring managers.
Other Ways That Application Software Helps in Recruiting
Another way that applicant tracking systems can help the recruiting is allowing recruiters to set up an efficient interview schedule as well. This can help reduce the need for frequent emails and calls for communication purposes. It also makes it easier to reduce the gap between desired jobs and the job seekers themselves. In other words, it helps weed out candidates in terms of the applicable criteria needed to fulfill the job posting.
It’s Also Cost-Efficient and Streamlines The Process
If you have gone through the process of trying to recruit to fulfill a job posting, you know that it can be a bit of an expense. In fact, in most cases, if you try to hire someone without the help of an ATS recruitment tool, then you will spend on average $1,872 to fill a position. ATS allows you to reach several platforms at once and doesn’t require the immense dedication to posting in job portals or other advertising efforts, which in turn saves you money overall throughout the hiring process.
All Companies Could Benefit From Applicant Tracking Systems
All companies, no matter their size can benefit in some way from the implementation of applicant tracking systems. However, they are especially beneficial for businesses that regularly hire employees for various positions. We mentioned it above, but it merits repeating, the most successful companies in the nation—Fortune 500 Companies— use applicant tracking software of some type 90% of the time to find, interview and hire applicants, filling needed positions on their teams.
Let Us Help You Implement Application Software When Recruiting
TPC makes finding candidates and filling positions easy. Rather than individually posting position details and qualifications on a handful of job boards, post to hundreds with a single click. Our process, which includes an integrated application software system, will bring stronger candidates, improving the applicant experience, decreasing the cost per hire and reducing time spent on paperwork. With a powerful integrated application platform, business leaders and HR managers will be better equipped to manage and hire quality applicants.
