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Productivity Increase And Reduction In Cost Is Likely With Applicant Tracking System

By: dancinghorse

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In order to handle corporate recruitment needs a software application which is known as Applicant Tracking System (“ATS”) helps, and it is also known as Recruiting Software. In order to allure candidates, most companies include a career site of themselves who post jobs onto their own website. Candidates have choice of applying to a job of specific nature or in general to the company. The effective searching, filtering, and routing of applications is done through the database of the candidate which is stored.
An applicant tracking system enables the organization to get an improved productivity of the recruiting team and this is the huge benefit for them. The candidate data handled through automated process electronically allows significant opportunities to reduce inefficiencies. Also, a fast decision-making is allowed with the methodical maintenance of candidate information. All of this results in reduction of cost and time per hire.
There is a difference in the applicant tracking systems drawn keeping in mind the recruiting and staffing firms from those with a corporate HR orientation. These typically include more robust reporting tools, as well as more comprehensive tools for contact management and client and candidate management. These extra features make them especially well-suited for firms which go for contract staffing and/or those who have higher employee turnover.
As compared to the bigger firms, small and medium enterprises should have more competitive spirit. There should be an assurance from them about more productivity and utilization of resources to the maximum extent. As the resource requirement by bigger companies in developed countries keeps increasing, the pool of skilled worker willing to work for SMEs keeps reducing. SMEs are bound to feel pinched with the growing demand of candidates .
The SMEs may, therefore, find this a challenge to maintain and raise the quality of their recruaits while effecting reduction in cost and inefficiencies in the process of their recruitment.
SMEs can find themselves in a comfortable position with technology adaptation. Process optimization helps to ensure that knowledge is managed and retained within the organization. Low-cost productivity software can help achieve this. The inefficiencies of manual systems is removed by this productivity software which helps to implement processes and generate profiles.
With the maintenance of candidate repository centrally with the help of recruitment automation, company can have access to resources and quality data about the resources collected over a period of time when there is shortage of skill with them. The retention and management of knowledge and also design of effective processes for tracking of candidate is possible at a time when there is rise in the recruiter attrition. Good decision making by managers and pinpointing about the results and failures with the money spent can be had with MIS reports.
The crucial purpose of an applicant tracking system is to serve the organisation’s administration, especially the HR department, in keep track of the job applications coming in which in turn help them take right people.
An ATS generally maintains information about the organization’s job avenues, the hiring workflow, resumes of incoming applications and all correspondence with applicants. On the basis of bio-data and information collected during the job application, storage of applications is done. Applicant tracking systems use this information to allow users to filter, sort and search applications, in order to make it easier to find the right candidates and track them.

Article Source: http://depositarticles.com/

The Author is a well known writer on the subject of Recruiting software. If you are looking for resume software then talenttech.com is the best place for you.

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