Why Every Organization Needs to Leverage an Applicant Tracking System (ATS)?

ATS for hiring

In today’s time, where our attention span is short-lived, tracking numerous applications while handling the workload becomes challenging. With the increasing demands of job seekers, organizations and recruiting agencies cannot afford to rely on manual recruiting. They need to adapt to an applicant tracking system (ATS) to streamline their recruitment, improve efficiency, and secure the right fit. According to Jobscan 98% of the Fortune 500 companies use ATS to manage their hiring processes. In this blog, we are going to discuss what an ATS is and its importance.

What exactly is an Applicant Tracking System?

An ATS is an online platform that supports organizations and recruiting agencies in regulating their entire recruitment process. An ATS serves as a central database, driving the recruiting process. It helps HR to attract the right talent for the role and the right fit for the organization, integrating various operations in the process ably. It automates the manual work, such as:

  • Job Advertising:
    Posts jobs on various platforms, such as newspapers, social media, and online job portals.
  • Application Parsing:
    Automates the job of analysing resumes, including resume parsing based on keywords, experience, and skills.
  • Candidate Screening:
    Reviews resumes suitable for the position.
  • Candidate Shortlisting:
    Compares resumes and shortlists the best fit for the position among the applicants.
  • Communication:
    Communicates with candidates via email or calls to update applicants on their status in the process.
  • Schedules Interviews:
    Coordinates with candidates and interviewers through calls, automatically gathers feedback, and tracks candidates' progression.
  • Recruits Candidates:
    Generates offer letters with electronic signatures and sends them to selected candidates.

Why are Applicant Tracking Systems Important?

An ATS improves an organization’s recruitment process. It eliminates manual and paperwork, replaces it with an automated process, and accelerates the hiring procedure. With 82% Indian employees considering switching jobs across industries (source: People Matters), ATS serves as an efficient option to cater to the bulk demand.
Streamlines Hiring Process:

Assists organizations and recruiting agencies in storing data of candidates and in finding the right fit for current and future positions.

Accessible Compliance:

Ensures that the recruitment process adheres to the organization's legal regulations.

Improved Candidate Experience:

Timely updates on the candidate's application are sent via email, making organizations appear professional and prompt.

Scalable Method:

Manages large-scale talent acquisition for staffing agencies and organizations, without increasing the HR headcount.

Reduce Cost and Time Per Hire:

Reduces the time to fill a position by days or weeks, enabling organizations to save costs on every unfilled position. 

Conclusion

An applicant tracking system is of utmost importance in a realm where time, accuracy, and experience are valued. From automating tasks to reforming candidates’ expertise, ATS transforms the recruitment scenario. It is extremely beneficial for organizations to store and analyze data. Whether you are a staffing agency, a growing start-up, or a large-scale organization, leveraging an ATS will keep you ahead of the competition. Adopting the right technology today ensures you’re ready to meet the hiring challenges of tomorrow!

115 Views