Part 1. What is an applicant tracking system (ATS)?
What is ATS? ATS stands for an applicant tracking system. It is AI-enabled software that offers hiring and recruitment tools for firms. These systems are helpful in the collection as well as sorting of a thousand resumes. When a person applies for an online job, then it goes to a recruiter.
It gets processed by the software before the human recruiter sees it. Due to this reason, it is required that your resume has to be ATS optimized. It is the initial step wherein the resume is screened through the bots and reaches the actual person.
The software system helps businesses and organizations manage their hiring needs with the help of an electronic dataset. With this software, they can easily filter applicants based on experience, skillset, etc. This enables HR personnel to effectively manage and sort candidates into varying modules for further analysis.
Thus, recruiter ATS is a digital human resource tool that effectively manages the posting of job applications and obtaining the best talent to fill vacant positions in the company. This software streamlines the complete process from candidate search, reviewing resumes, conducting interviews, and executing the hiring process. This makes it simpler for organizations to recruit employees to their teams.
Incorporating ATS in recruitment helps discard the documentation work associated with manual hiring of candidates. The software automates the process of candidate search operation to make the hiring process simpler.
Part 2. Benefits of using ATS
The survey shows that 66% of large-scale firms and 35% of small-scale organizations depend on recruitment software. Application tracking system helps keep candidate’s resumes in one place. It helps organize hiring managers and makes them EEOC compliant.
ATS system is called a talent management system to administer the hiring process. The software help hiring teams to manage each facet of recruitment. These systems save time by surfacing as well as emphasizing top candidates. Thus, recruitment tracking help hires professionals to narrow their applicant pool.
This candidate tracking system saves them money and time for the hiring managers. The applicant information is uploaded and stored in a database in an organized manner. In this way, it makes it easy to access and search for HR professionals. As the information is gathered and organized digitally, it saves the need for firms to invest time to scrutinize and file paper-based forms.
Part 3. How Applicant Tracking System Works?
Application tracking systems are one of the best methods to track candidates for a specific job online. When candidates apply for any job online on job sites such as LinkedIn, Indeed, etc., then their personal information such as contact information, educational background, work histories, experience, cover letter, resume, and references, gets directly uploaded into the database.
This information can be moved from one part of the component to another through the recruitment process. The system enables HR recruiters to analyse the job applications, send automated confirmation messages to the applicants, and give online tests. Hiring managers can easily schedule mail rejection and interviews letters via the system.
It helps HR personnel to refer to the same information to hired individuals on the payroll. In this way, these integrated systems help streamline the application and recruitment process for employers.
An ATS system also helps recruiters to view past highlights, and job titles of the candidates. In this way, it ensures that the qualifications and top skills are easily identifiable. A few systems also help to hire managers to automatically compare a resume with respect to the job description.
Part 4. Most Affordable ATS System (Transformify ATS)
There are several types of ATS software available from varying software solution providers. It is easy to get swayed by these options. It is necessary to select the right recruitment software that helps the company reduce the time to find the right personnel and lower the chances of a miss-recruit.
Transformify is a great social enterprise that provides an applicant tracking system that helps in recruiting and managing freelancers and remote workers. The company provides a workforce management software solution that helps automate the different phases of contingent workforce management such as recruitment, payment, etc.
The system is designed for personalization, inclusion, and integration. It provides a safe and integrated payment management solution to suit the distinctive objectives and needs of the business.
Here are the primary features of Transformify’s system software
- A freelance management system that automates all facets of the recruitment process
- An applicant tracking system that aims at eliminating the administrative burden
- Employer branding included
- Customized CSR programs
- Customizable extensions
- Focus on reintegration and diversity
- Integration with Enterprise Resource Planning, payroll, Human Resource, and other systems
- Automation of management of workforce from hiring to payment
Here are some of the benefits of using Transformify’s freelance management system. The applicant tracking system aims at inclusion that enables job applicants to apply for any type of job openings.
Another key benefit of the software is that it provides a diverse range of hiring filters to launch a diversity recruitment campaign. Using this software, you can use diversity filters to identify the best applicant.
Furthermore, Transformify will help in employer branding. The user needs to only type in the requirements for a specific job post. The software also assists in finding the right freelancer for the job. This software is also vital in taking the best care of the accounting and ensures that you remain compliant with local rules and regulations.
Transformify’s workforce management system assists businesses of varying sizes to manage hiring operations, process payments, aid projects to the contingent workforce, and automate the billing process.
Their integrated applicant tracking system enables hiring managers to schedule interviews as well as streamline the recruiting process by selecting candidates based on their skills, chosen location, salary expectations, etc.
The company provides a completely customizable vendor management system that enables businesses to source, pay, and manage employees, freelancers, remote teams, contingent and consultant’s workforce. It provides a software platform that assists in developing a hiring culture to drive interactions of the candidate.