60 % HR’s face work force management Issues
Applicant Tracking System
The principal function of an ATS is to provide a central location and database for a company's recruitment efforts. ATS’s are built to better assist management of resumes and applicant information.
Applicant Tracking System
What Is Applicant
Tracking System?
The ATS has become an integral part of every aspect of hiring from building an employer brand and smarter application forms, to resume parsing, automatic retrieval of candidates’ public profiles, and scheduling interviews. Recruiting analytics and reporting tools can now help companies get a clearer understanding of the hiring process and make improvements that have a real impact on the business.
Using recruiting software means you don’t have to stitch together spreadsheets, email and elaborate filing systems. The key advantage of an applicant tracking system is that it provides seamless and customizable collaboration features so that you’re always in the loop. Applicant tracking systems help employers by providing a business process to follow during recruiting and Standardize the hiring process so you don’t have to reinvent the process each time
Key Features
Job
Management
Define Job profiles in your organization and create a single point for all job openings for any profile. Fast and Easy – one-time process – of managing jobs in your organization. Publish the job openings on your company website and share the job on social media and allow candidates to directly apply through ATS for faster information processing.
Informative
Dashboard
Dashboards provide quick insights on various metrics, whether is it number of applications received for any job opening or from which channel the applications received or view activity logs over each application received.
Collaborative
hiring
Recruiting a new colleague is a team effort. With Timelabs applicant tracking system, define hiring teams for each job and everyone involved can leave comments on candidates and rate their profiles, which provides a more diverse assessment and strengthens the final decision.
Our powerful collaborative features (integrated commenting, profile sharing, etc) allow recruiters to instantly provide and ask for feedback about candidates at every stage of the recruitment process, making it easier for you to hire the right person
Convenient
interview scheduling
Spend less time with interview self-scheduling. Check team availability, select a date and time and location & send invites, right in Timelabs – applicant tracking system. Have all your scheduled interviews in one place to avoid getting lost in your timetable. No more double-booking time slots and reschedule emails or phone calls. Email is sent out to stakeholders with the scheduled date and time for interview.
Offer letters and
approval workflows
Speed up executive sign-off and get candidate signatures faster. Once you’ve decided on a candidate, you need to move fast. Offer letter templates make it easy for approvers to do their thing. And e-signatures on mobile and desktop make it easy for candidates to do what you want them to: Accept.
7 Advantages Of Using Applicant Tracking System
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1 Reduces time spent with administrative tasks
An ATS software allows you to speed up your recruitment process and save yourself a huge amount of time for more important tasks. Stop manually publishing your listing on job boards, one at a time, or sending follow up emails individually. An ATS allows you to do all that with just a few clicks.
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2 Provides Better and Faster CV Screening
Everyone agrees that it is overwhelming for recruiters to manually screen every incoming application for a new opening, given that each job offer receives on average 250 applications. It's a heavy work load for only 4 to 6 of the candidates make it to a face-to-face interview. An ATS automates the initial screening of all applications, using algorithms to match candidates against job requirements. Those that do not meet minimum requirements are rejected and the rest is ranked according to qualification indicators. This allows recruiters to stop wasting time with bad applicants and getting too tired to correctly identify promising profiles.
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3 Facilitates Collaborative Hiring
Applicant Tracking Systems come with amazing features that facilitate collaborative hiring. HR teams can easily and quickly share notes and ratings on every candidate and drive a collective decision-making process, in which every recruiter has a say. Collaborative hiring has major benefits for companies, such as allowing to assemble more diverse and successful teams.
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4 Improves the Quality of Hire
The quality of hire also gets improved using Applicant Tracking Systems. And there are many reasons for that to happen. With the automation of administrative tasks recruiters have more time available to engage with candidates in the selection process. This means that they can gather more information and make more complete assessments of the candidates before making a hiring decision.
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5 Speeds up the Recruitment Cycle
Having all candidates’ information centralized and organized in one single platform, gives recruiters faster access to the hiring process overview. Automated communication features also improce the recruitment cycle, making it quicker to provide general follow up and to move candidates for the next steps. Overall, an Applicant Tracking System allows recruiters to develop and execute a more efficient workflow.
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6 Boosts Employer Brand
A consistent and engaging recruitment process strengthens your employer branding. With an Applicant Tracking System your company can attract and engage more candidates. Features like fully branded Career Pages, alerts on each stage of their application, allow to impress candidates and improve your talent pipeline.
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7 Enhances Candidate Experience
Besides building a more efficient hiring process, Applicant Tracking Systems enable an enhanced candidate experience, which is key for the success of your hiring process. After all, candidates may become your future ambassadors. Applicant Tracking Systems are an important piece of the digital era of recruitment. There’s no doubt that companies need to adapt their strategy and implement tech solutions that enable better and faster hiring.
