The world knows that Applicant Tracking Systems (ATS) made their way into the recruitment landscape just a few years ago. Although, previously, ATS solutions were implemented only by a handful of companies that could bear the heavy investment costs but now their use in the HR arena has risen to a great extent. It is so because modern recruitment technologies have become a lot more accessible and cheaper with the course of time. According to a recently released survey report, the majority of staffing firms worldwide will opt for an Applicant Tracking System by the end of 2020 to improve the overall talent acquisition efficacy. Most ATS solutions available in the market are similar and hence, they serve the same purpose when it comes to hiring. Nevertheless, innovative software vendors keep introducing new functionalities and features every once in a while, to stay ahead of their competitors in the most efficient way possible. Read on to find more about the evolution of Applicant Tracking Systems and how the same has been beneficial for the new breed of recruiters.
Top 4 Ways Applicant Tracking Systems have Evolved Over Time
- Applicant Tracking Systems have become more user-friendly
- There is a rise in AI-based Applicant Tracking System
- Applicant Trackinig Software now have deep integration capabilities
- There is a rise of cloud-based ATS solutions
One cannot deny that the hiring industry is undergoing a game-changing evolution and HR automation is one such example of the same. But until some time ago, recruiters used to face a plethora of challenges while attracting and hiring candidates as the process was extremely time-consuming and expensive simultaneously. Since HR professionals had to manually examine thousands of candidates’ applications for shortlisting top talent, they were not left with sufficient time for handling other business tasks. More importantly, traditional ATS tools lacked efficiency and they were quite difficult to utilize due to their complex interface. For this reason, most recruiting activities were conducted manually despite the easy availability of tech-enabled tools in the past times. But everything changed with the advent of smart new-age technologies as Applicant Tracking Systems got more advanced owing to the addition of sophisticated features. As of now, a large number of companies globally are deploying ATS tools to digitize the manual aspects of their hiring process as it helps them eliminate additional costs and decrease workload, thereby granting more free time to recruiters so that they can focus on achieving paramount organizational objectives. Now, we will discuss in detail the top 4 ways how ATS solutions have evolved over time to help you get a better picture of the current talent acquisition landscape.
Applicant Tracking Systems have become more user-friendly
It is a known fact that Applicant Tracking Systems have now become more user-friendly and recruiters do not have to undergo any special training courses to make effective use of them. Modern-day ATS solutions feature a highly stunning interface along with simple-to-use control buttons to ensure that HR professionals can easily create efficient workflows and keep a constant check on the hiring process without any difficulty.
There is a rise in AI-based Applicant Tracking System
HR professionals worldwide have begun harnessing the power of AI-powered Applicant Tracking Software to optimize the efficiency of their recruitment process. In fact, machine learning technologies are now being utilized by organizations to leverage the potential of big data analytics so that better hiring decisions can be taken with the utmost ease and convenience. Unlike previously, ATS solutions driven by AI are making it easier for recruiters to streamline tasks like live interview scheduling and enabling them to give better job recommendations, thereby giving a noteworthy boost to their hiring endeavors. This way modern-day HR managers can easily source exceptionally skilled passive job candidates, fill vacant positions faster, and significantly remove bias from the hiring process. Other than this, AI-powered chatbots are being deployed to communicate with applicants in a much more intelligent way to make the candidate experience seamless and enhance the organization’s brand image over the web.
Applicant Tracking Software now have deep integration capabilities
Nowadays, the majority of ATS solutions come packed with excellent deep integration capabilities to ensure better functionality around the clock. Such an Applicant Tracking Software allows for integration with other essential business applications that are necessary for executing day-to-day tasks such as scanning documents, creating reports, facilitating communication etc. The best part about an integrated ATS solution is that it reduces the total amount of time spent onboarding new workers and gives deeper insights to human resources personnel that they can use to make improvements in the hiring process. Integration prepares the way for continuous recruiting workflows and helps human resources professionals to remove bottlenecks from the talent acquisition process for producing favorable business outcomes at the earliest possible time.
There is a rise of cloud-based ATS solutions
There was a time when ATS solutions were installed on the company’s system and accessibility was limited only to a couple of users. But with the rise of modern-day technologies in the hiring landscape, most Applicant Tracking Systems are now based in the Cloud. Since the software is hosted virtually, this paves the path for improved flexibility as the solution can be accessed from any location in the globe as long as you have a steady internet connection. Another phenomenal advantage of cloud-based ATS solutions is that they can be scaled based on the requirements of your business. This way companies can give new users access without facing any tremendous hardships and allot HR resources accordingly.
In an age where the recruiting world is witnessing rapid technological innovations, it would not be wrong to say that Applicant Tracking Systems powered by Artificial Intelligence (AI) have emerged as an essential tool for the present-day recruiters looking to drive innovative hiring results. With multitudes of renowned vendors flooding the ATS software market with cutting-edge solutions, there is no dearth of quality alternatives and thus, companies can make the ultimate selection taking into consideration their core business requirements. Besides making it simpler for hiring managers to track prospective applicants and precisely match resumes with vacant posts for determining the best fit for the job role, ATS solutions can also work wonders for nurturing recruitment campaigns. Above all, make sure that you pick out the most up-to-date recruitment software for your organization so as to get rid of serious manual inefficacies and expedite the entire talent acquisition process in a New York Minute.