If you are considering investing in the best applicant tracking system, there are several key considerations you should keep in mind to make sure you get your money’s worth. First and foremost you want a robust system that can handle the volume of applicants.
While this seems obvious, it is important to consider that some recruiting software may actually reduce the applicant productivity because it limits the types of candidates you can look at or manage. At the same time, some software may have features that are not needed or are oversold because of the low cost or lack of demand.
This is why it’s important to do some shopping around and gather as much information about each system as possible before making a decision. This article will outline some of the more important considerations for choosing the best applicant tracking system for your business.
What are the specific goals of your organization? The best applicant tracking system should be able to help you set goals and modify them as the needs of your business change. One example of this might be the fact that your business has a different recruiting process from a few years ago.
In this case, it would be more practical to have a system that matches the latest applicant profile requirements to the hiring process rather than one that matches a generic formula from the past. In addition to targeting the applicant demographics, the best hiring platform should also be flexible enough to track and manage process execution on an individual level.
How accessible is the platform? Some people might balk at the idea of spending a lot of money on an applicant tracking system when they consider what a waste of money it is to hire a recruiter and when they consider the many advantages of online recruitment.
However, a good system does not necessarily have to be expensive. In fact, a solid ATS software program can actually save your company money by allowing you to save money on labor by automating processes that typically take too long or are too tedious to perform manually. Ultimately, the right ATS software platform can be just as effective at eliminating costly human capital as it can be at generating more applicants.
What’s the bottom line with your best applicant tracking system? While price may be a consideration for some organizations, it should not be at the top of your list when evaluating features and benefits.
Ultimately, the bottom line for most companies will come down to how user friendly the applicant tracking system and CRM are and how accessible the CRM is for your company’s needs. In terms of functionality, both of these considerations will come into play for each organization’s unique needs.
Can the applicant tracking system automatically and precisely identify candidate characteristics? Does the system allow you to pre-screen each potential candidate? Will the hiring team be able to customize candidate information and use it to schedule interviews with each of the candidates? These are all the questions that come to your mind.
If a hiring team does not have full access to the database of potential candidates, how do you anticipate them to be able to schedule and manage the best possible candidate? Asking these questions before you sign up for a subscription to a business’s CRM solution or applicant tracking system will help you to make the decision that’s right for you.
When evaluating pricing for CRM integrations, consider the time saved as well as the increased efficiency that a CRM system can provide. Think about whether the new technologies and integrations will lower the cost of hiring, reduce the number of human resources required to support recruitment, improve customer satisfaction, and increase the productivity of your organization. For many companies, these are all valid concerns.
However, you can easily minimize the impact on your business by focusing on the price savings that come from using these technologies in addition to the other benefits. You also need to evaluate the extent to which the new technologies will enhance your ability to perform all of your core business functions, which will ultimately impact your bottom line.