Recruiting and hiring employees can be a time-consuming and laborious job for employers. If not done efficiently, it can also create unnecessary expenses for the company. These are just a few of the reasons more and more human resources (HR) departments are utilizing Applicant Tracking Systems (ATS).
We live in an ever-evolving world that requires companies to stay up to date on state of the art technology which includes recruiting and hiring methods. These types of modern technology, including Applicant Tracking Systems, are crucial when it comes to finding and cultivating talent. ATS software enables companies to meet all of the HR needs including collecting and storing potential candidate’s job related information while tracking their progress throughout the hiring process. Employers are finding that ATS can be used for so much more than this, though. Employers looking to hire the perfect employee can also post job openings, screen resumes and generate interview requests all the while reducing the amount of paper used in the hiring process.
Due to the many companies who are now utilizing ATS as a more cost-effective and convenient method in hiring, the number of companies who make this high-tech HR software has grown considerably these past couple of years. In fact, according to the Wall Street Journal, 90% of large companies use some kind of ATS.
Currently companies are debating what type of ATS to use and are questioning if it is best to go the IT route or go with the cloud. Most are finding that to stay on top of the latest and greatest technology, much of this finding, hiring and cultivating talent should be done through cloud-based HR applications. As more people become confident in the security of using cloud technology, these applicant tracking systems are quickly becoming a multi-million dollar business for which investors are jumping in with both feet to get their piece of the pie.
It seems that there is no getting away from modern technology in order to successfully run a business. It is almost unheard of for a company to succeed without using the Internet in some form or fashion, whether it’s marketing via social network or keeping in close contact with co-workers on the other side of the world. If businesses are not currently using the Internet, they best jump on board or they will soon be left behind. Companies who used to hire employees by first reading through every resume they received will also be a thing of the past. If they don’t start using ATS, they will be missing out on finding and hiring some great candidates.