Application Tracking Software

The Applicant Tracking System automates the development of job requisitions and postings, candidate searches, applicant screening, ranking and assessment.

Why do companies need Application Tracking Software?

• Low Number of Applications: Companies are not receiving substantial number of applications from third party job sites
• Increased Expenditure on external job boards: Companies are spending their precious recruitment dollars in paying job boards which charge a heavy price per job listing without promising any minimum delivery of resumes
• Compliance Issues: Companies which follow EEO and OFCCP ave to generate reports to show that they are compliant with the government standards. This cannot be done by manually maintaining records. Application Tracking Software helps to auto generate these reports.

An Application Tracking Software may come with additional features apart from the basic set. They might have tie ups with background check companies, may offer the resume parsing tool or offer better rates from popular job boards. Some application tracking software systems may also come integrated with Vendor Management Systems and Back Office management modules. A vendor management system may be needed by a staffing firm who uses multiple other firms to source candidates from.

What Differentiates one Application Tracking Software from another?

Onboarding Module: The onboarding process is the process of bringing a selected candidate on board. This includes a lot of manual paper exchange which sometimes can be overwhelming for both employee and employer. An Application Tracking Software cansimplify the job by having all forms and paperwork uploaded onto a portal for easy download and upload after completion. It also aids in maintaining digital copies instead of tedious paper piles.

Social Recruiting: In today's social world, recruiting can also be carried out in a very inexpensive and effective way. This can be achieved by leveraging the social media presence of the company's employees on networks like LinkedIn, Facebook and Twitter. These networks are free of cost and employees can inform the people in their network of their internal positions.

Communication: It can be very overwhelming for recruiters to inform selected and rejected candidates of their status. An effective Application Tracking Software should allow easy email communication through pre made templates.

Reports & Analytics: It is critical to staffing companies to generate performance and compliance reports. This can be achieved using a complete Application Tracking Software.