An applicant tracking system (ATS): what is it?
Through the simplification of the entire hiring process, an applicant tracking system, or ATS, assists companies in improving the overall candidate experience.
With features like individual scorecards, pre-employment tests, and effective candidate sourcing, an applicant tracking system (ATS) may revolutionize your hiring process while improving the candidate experience and the company’s reputation.
What is the significance of an application tracking system?
The future of hiring is an applicant tracking system, which is already in place in the systems of 99 percent of Fortune 500 organizations. It is significant because
simplifying routine HR procedures such as candidate sourcing, resume parsing, and candidate monitoring.
According to 79% of recruiters, it raises the caliber of new hires.
lowering the total time to hire, as 86% of recruiters agree that it is effective.
How do ATS and CRM differ from one another?
Their function in hiring is the main distinction between ATS and CRM.
CRM (Candidate Relationship Management) concentrates on the pre-hiring stage, whereas ATS (Applicant Tracking System) manages administrative duties including processing applications, setting up interviews, and monitoring a candidate’s progress through the hiring cycle. This entails sourcing applicants, developing passive candidates, creating a talent pipeline, and communicating with each individual.
Therefore, CRM cultivates enduring relationships with prospects, enhancing the organization’s brand image, while ATS oversees the application process.
Can applicant tracking systems be used by small businesses?
Yes, small businesses should implement applicant tracking solutions in light of the growing trend of AI-dominated procedures and remote work cultures. 36% of small and medium-sized firms have reportedly already implemented it!
