5 Benefits of Using An Applicant Tracking Software for Small Business

To track or not, has always been the biggest question for HR manger and business owners. If you are too looking for reasons and benefits to adopt an applicant tracking software for your business, then you have come across the right page.

This blog will help you learn the basics of ATS / applicant tracking software and will explain the best benefits of having one at your base. 

Before we start, let’s start from scratch.

What is Applicant Tracking System?

An applicant tracking system/ software is a tool to keep a track of any recruitment project run by recruiter or HR expert. It helps in simplifying entire hiring process and enhances candidate experience throughout. 

To understand this better, here are the steps involved in recruitment:

• Job ad posting

• Application receiving

• Profile shortlisting 

• Scheduling interviews

• Shortlisting final candidate

• On boarding 

These are the basic 6 steps involved in recruitment process in HR management. These interrelated activities are difficult for the HR to monitor and track. 

Any miss or error here could result in ineffective hiring or acquisition. This is where an ATS (Applicant tracking software) comes into action. 

Basic features of Applicant tracking software

• Simplified job posting

• Data centralization

• Automated email management

• Resume parsing

• Auto-scheduling

• Integrated social sharing

• Online accessibility

Mentioned above are some exclusive features of applicant tracking tool. But what ways it contributes to a business? Below are mentioned some.

Top 5 Benefits of Using An Applicant Tracking Software for Small Business:

• Flexibility at hiring

• Faster decisions

• Expands search bar

• Auto reports

• Candidate retention

Flexibility at hiring:

An applicant tracking software not only helps employers automate and fasten the recruitment procedure but also improves the overall experience for the job seekers by allowing them to apply directly from their social profiles. They can now submit their profile without the need to go the company’s career site and fill out the application form through their mobile device on-the-go.

The software also allows customization of the entire application process making the process faster and easier for both the recruiter and the candidates. It also holds the capability to send instant application acknowledgment emails to the candidates, so that they are not kept waiting.

Faster decisions:

The automated ATS system brings all candidate and recruitment data and updates in place respectively. Data access is performed in seconds for faster decision. 

By centralizing and bringing all candidate information in a single and easy-to-access database, recruiters make better hiring decisions. And time is money! It helps save money on hiring and concludes in less time. 

Expands search bar:

With more than 70% jobseekers looking for jobs online through social platforms and mobile applications, mobile responsive recruiting and applicant software allows instant access to a talented pool of professionals who are proactively looking for a change. 

The ATS helps in developing your talent pool faster by early taps. Thus, quality candidates with automated ATS software. 

Auto reports:

The software collates all the critical information to create customized reports that enable hiring managers to monitor recruitment performance.

From tracking the job posting to monitoring the efficiency of entire process, ATS provides actionable data that helps optimize existing process. This helps companies get maximum returns on invested time and efforts.

Candidate retention:

The candidate whether picked or not will have immense and unforgettable experience with an automated applicant tracking tool.Efficient hiring and application process are the key to success for your business. These candidates in future can speak favorable words about your business, which will help you attain a strong position in the market. Aren’t candidates and employees your indirect customers?

An ATS ensures best user experience throughout. 

Takeaway:

A dedicated HR solution with an integrated ATS system prevents companies from unnecessary events like missing out important candidate schedule or follow up. 

The software lets you no more worry about talent acquisition with automated and effort less tracking. Make the smart decision and adopt one. Stay ahead of the curve. 

Hope the blog helps. Thanks for reading!

Happy hiring!

Author bio: Ritik Singh who is a writer about Human Resource software, cloud, and enterprise technology. And writes about Pocket HRMS, an advanced provider of cloud-based Human Resource software with inbuilt AI-powered HR Chatbot (smHRty) to small & mid-sized businesses across India.