It is important to have good recruitment tracking software in order to take care of the needs of the candidates and low unemployment. Let’s take a look at what recruitment tracking software is, its features and benefits, and why it is the ideal platform to handle your recruitment process from start to finish.
Employers do not want lots of CVs or applications that are really not up to the mark. If they have to spend a lot of time going through CVs to check their suitability, this is just a hidden addition to their recruitment costs. What they do want is a select number of applicants who fully meet their essential requirements and who are happy with the salary, or the salary range, on offer.
Employers want to be able to shortlist the applications they receive in a short turnaround time, get applicants in for interview promptly, and offer the most suitable candidate the job as soon as possible. Employers know that applicants will be snapped up by someone else if their recruitment process takes too long.
How does software help?
Once keyword search terms for each job have been set up, you are ready to advertise; in this way, applications that do not meet the criteria are not pushed through for shortlisting. The software should enable the hiring managers to record their rationale for selecting or not selecting applicants for interview and noting any special points of experience.
Once applicants have been shortlisted, the system will automatically contact them to invite them to attend an interview. You have the choice of allowing candidates to choose their own interview slot or assigning them a place and time. This helps to improve the applicant experience and makes them feel that they are more in control.
All the information is contained within one place, which makes it easier for HR to run stats on the number of applicants in a given period of time, diversity data, and so on. It also saves a lot of time in the manual administrative part of the process that HR would traditionally carry out before the recruiting managers get involved.
Most applicant tracking systems also reduce the cost of advertising vacancies on job boards. The system providers buy ads in bulk and pass the saving on to the employers, thus providing an additional cost reduction.
All in all, applicant tracking software is an ideal way to manage your recruitment process from start to finish, streamlining the process and leaving time for managers and HR alike to get on with other work. Even off-the-shelf packages come with a large number of ready-made reports that enable HR to monitor which campaigns have been most successful, which posts are hardest to recruit for, and so on. The reports can be exported in an easy to use format, such as Excel, making applicant tracking software the ideal tool for every organisation.