What companies are losing by not having an applicant tracking system?
April 27, 2023 08:20 PM
Hiring and Attracting fresh talent is tough. However, with processes going digital in every aspect of work and hiring, an Applicant Tracking System (ATS) is no longer an HR luxury. What used to be a CV screening system, ATS is now a unified tool with advanced search and screening features, appointment management, onboarding assistance, and a lot more.
Data tells the story, in today’s digital age, not using an applicant tracking system will keep companies behind the competitor, while the ATS market is poised to become a $1.81 billion industry by 2023. No wonder 98% of Fortune 500 companies use ATS.
Without an applicant tracking system (ATS) , a company may lose data on job applicants, including resumes and cover letters, as well as information on the status of their applications. This can make it difficult to keep track of candidates and the hiring process, and can also make it harder to analyze and improve the process over time. Additionally, not having an ATS can make it harder for HR and hiring managers to communicate and collaborate, which can further slow down the hiring process.
Huge Data Loss
Data loss can be caused by human error, unintentional deletion, hardware failure ,and software failure. It is important to have a high-quality ATS solution in place that will help you avoid data loss.
Missing out on more candidates
You can’t afford to miss out on more candidates. The number of applicants is the most important factor in hiring. Just because you have a large candidate pool, does not mean you will get all the right people for your job openings. With ATS, your company will be able to post jobs on multiple sites and reach more people with its job postings. This way, even if one site has fewer applicants than another, it will still increase the chances of getting someone perfect for your company.
Less accurate job applications
ATS is a great way to get your foot in the door with candidates who are not applying for jobs in your company. If you’re a candidate and you want to work at a company but don’t know how or where ATS can help connect you with employers that are hiring right now.
Inaccurate information on forms
If an applicant is confused about the process or what they need to do, it can be very frustrating for them. The ATS system should be able to provide clear instructions on how to fill out your forms and what information you need to include in order for your application to be processed as quickly as possible. If there are any gaps in this process, then there could easily be mistakes made by employees who are processing applications—and those mistakes will cost companies time and money!
Difficulty in tracking the job seekers
As a recruiter, you will want to track the job seekers who have applied for your open positions. This helps you in two ways:
1. You can see which candidates are qualified for your jobs and which ones are not. The best way of doing this is by using ATS technology because it allows recruiters to see who has applied and when they applied, along with other information such as their experience level or salary expectations.
2. You can also see if any of those applicants have been rejected from your company before or vice versa; this gives an insight into whether there is any type of bias or discrimination taking place within the hiring process at large companies like yours!
ATS is essential in this digital world to hire the right candidate
ATS is an essential solution in this digital world. The right candidate can be difficult to find, but if you want to hire the right person, it's crucial that you invest in a good ATS solution. AESS Solutions is one such company that offers peoplesol solutions for companies who are looking for an effective way to manage their hiring process.
Conclusion
It is obvious that the ATS system is essential for any company to hire the right candidate. It helps you get rid of all the issues related to the hiring process and reduces your chances of making a big mistake. You will also be able to hire the best people who meet all your requirements and make sure that they are not wasting their time on irrelevant tasks. So if you are not using this technology in your organization yet, then it’s high time that you adopt it. We provide the best ATS solution at low cost so don’t hesitate and contact us today!
If you are willing to get PeopleSol ATS, connect with our experts at office@aesssolutions.com
Need to transform your hiring process with AESS PeopleSol ATS Solution?
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