The Truth About Applicant Tracking Systems (ATS) - Hire Right!

Have you ever had a job vacancy and wished there were more qualified candidates applying? Or wondered why you weren’t getting responses to your job ads? Then this blog article is for you. 

In this blog, we are going to look at the different applicant tracking systems available on the market today. We will also look at the different ways you can use them to manage the recruitment process.

An Applicant Tracking System (ATS) is a software application used to manage the recruitment and hiring process. It is used by many large and small companies to handle their recruitment process. In this article, we will look at how ATS works and what software features are most beneficial for small businesses.

 

What are Applicant Tracking Systems (ATS)?

An applicant tracking system is software used by recruiters, hiring teams, and human resources teams to recruit top candidates, apply, and track candidates across their system. 

There are many words to define Applicant Tracking System (ATS). Here are some of them explained:

Applicant Tracking Software is a type of software that allows employers and job recruiters to track resumes, manage interviews, and organize hiring needs. It will enable employers to see what stage the applicant is at whether they have applied for the job.

 

Application Management System (AMS) is a software management system that automates collecting, maintaining, and updating information on job candidates. 

Business Process Management System is an information system used by a business that is employed to automate and enhance internal business processes. 

Candidate Relationship Management (CRM) maintains a database of job candidates and their applications. 

Data Applicant Tracking Software is a program to track and screen job applicants.

Applicant tracking systems are the heart of the recruitment process. Recruiters use these tools to manage the recruitment process better. 

So why does an online application tracking system matter to you?

A candidate applicant tracking system is essential to employers because they are the primary ways to manage the large influx of applicants and candidates that a company receives daily. If you’re an applicant tracking system professional, HR manager, recruiter, or small business owner, or looking to become one, this blog post is for you.

But exactly how do applicant tracking systems help recruiters? 

An applicant tracking system is business software that automates the recruitment process. The applicant tracking system (ATS) is a computerized system used to manage the application process while improving the efficiency and effectiveness of recruiting organizations. It is a web-based software that helps recruiters and business managers to store relevant information about applicants and conduct an extensive search for suitable candidates to fill open positions within the organization. 

The name itself says it all, i.e., “the system tracks the applicants”. An ATS typically automates the activities of HR representatives, who would otherwise spend most of their time on administrative functions. It helps them keep track of resumes and apply for job postings simultaneously.

 

Who is Using an Applicant Tracking System?

According to CNBC, over 95 percent of Fortune 500 companies use an applicant tracking system to streamline hiring. According to Jobscan data, many smaller employers have also embraced the tool. In other words, if an applicant wants to get hired, they’ll have to beat the bots.

Applicant tracking systems are used by the recruiting and HR departments to manage the process of hiring a new employee. Many companies are using the ATS. According to the BizTech Group, around 40% of USA companies are running an ATS of some kind. 

 

Applicant tracking systems are everywhere

According to the recent analysis by JobScan, the following industries that companies in the following sectors commonly use ATS: 

  • Banking
  • Consulting
  • Education
  • Entertainment
  • Finance
  • Government
  • Healthcare
  • Information Technology
  • Manufacturing
  • Media
  • Retail
  • Wholesale

How does an Application Tracking System work?

An applicant tracking system is a software application designed to manage the recruiting process from the initial application stage to the completion of the hiring process. A reliable applicant tracking system will allow companies to manage their applicants, resumes and cover letters, job postings, background checks, and references. 

It is designed for employers with many applicants and for matching candidates to jobs. This system also helps the business with managing its hiring process. It’s basically tracking your applicants from the very beginning (when they apply for a job with your company) to the very end (when they receive a call for an interview). This is perfect for recruiting those looking for employment and those who need to hire people.

An applicant tracking system will make it easier for the hiring manager to keep track of all the applicants. It will also allow the hiring manager to see how long it has been since an individual was last contacted. An applicant tracking system will store all this information and make it easy to access the recruiting manager and other company employees.

 

What are the benefits of using an applicant tracking system?

The best applicant tracking systems help you track and manage the hiring process. It typically has three main functions:

  • It allows you to post jobs on the web, which helps you to recruit potential candidates.
  • It will enable candidates to apply for those positions through a form, a CV upload, or an application form.
  • It records all of these steps in the process.

When your organization decides to hire new employees, it should ideally streamline this process to avoid wasting anyone’s time or energy by using top applicant tracking systems.

Why Do You Need an Applicant Tracking System?

Applicant tracking systems are crucial for businesses. Today, the complexity of recruiting candidates is increasing at a rapid rate. Hiring is an expensive process. It requires a lot of time and effort! 

The applicant tracking system can help you reduce your hiring time and cost. The best Application Tracking System software helps improve application tracking system recruitment.

It’s a common misconception that an Applicant Tracking System (ATS) is just a simple system that manages job applications. It is critical to note that an ATS is not just a computerized job application. It is a more advanced and diverse system that helps companies manage every stage of the hiring process. 

As per the Bureau of Labor Statistics in the U.S., there are over 199,000 job openings every month. Thus, the demand for the services of an ATS is not difficult to find. It usually consists of a database of job candidates and a series of tools to streamline and manage the hiring process.

 

Applicant Tracking Systems are an Important Part of CRA

Job hunting can be a long and arduous experience. With the world of work being so large, it’s no wonder that it can be challenging to land a job. 

One of the most common ways to apply for jobs is by submitting your CV to a prospective employer. However, many employers now use applicant tracking systems to manage the hiring process.

This isn’t always done efficiently, and an applicant tracking system can help ensure that your application gets noticed by providing you with as much information as possible.

 

Take Control

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We are your Human Resource Solution that includes all your HR needs. We are here to serve you in all matters of HR. We provide a complete suite of recruitment services, including but not limited to headhunting, candidate sourcing, training and development, job-matching, coaching, etc.

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