According to research, 94% of recruiting professionals say that Applicant Tracking System (ATS) has improved their hiring process.
ATS has the power to improve the three most important recruitment KPIs:
- Time to hire
- Cost per hire
- Candidate quality
Here are some more benefits of using an ATS:
1. Job Advertising
Are you spending way too much time posting and reposting my job ads? An ATS lets you automatically post open roles to all your favorite job boards, social networks, and talent communities at the click of a button.
2. Enhance Candidate Experience
By speeding up your recruitment process, you can get those top candidates before they get snatched up by another company. Also, by sending automated emails which ensure regular and timely communication with your candidates, you can significantly improve your candidate engagement and candidate experience.
Candidates who had a positive candidate experience in your recruiting process will more likely accept your job offer, reapply in the future and refer other high-quality candidates to your company.
3. Hire Faster
With Applicant Tracking System, tasks that previously required many hours of work can now be executed very quickly and easily – or sometimes even done automatically. Some of these tasks include resume parsing, disqualifications of non-qualified applicants, interview scheduling, and email automation.
Applicant Tracking Software also saves time by building talent pools, which can be used to find perfect candidates for your future roles and job openings.
4. Lower Cost Per Hire
Applicant Tracking System saves money simply by saving your precious time. With many administrative recruiting tasks being automated, you need less human hours to fill a position, which makes your hiring strategy more productive and cost-efficient. If you know that referred candidates are your best new hires, there is no need to spend hundreds or even thousands of dollars on job boards.
5. Improve Employer Branding
In today’s passive job market, an attractive employer brand has never been so important. A strong brand can make a difference in convincing a passive candidate to join your company. ATS allows you to measure, analyze, and improve your employer branding strategies.
Features like fully-branded career pages, for example, allow you to impress candidates and improve your talent pipeline.
COVID-19 Impact Analysis on Virtual Hiring Tools Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the virtual hiring tools market include AllyO, Harver B.V., Myinterview Solutions Pty Ltd., RecRight, Spark Hire, VidCruiter, XOR, Bullhorn, Inc., ClearCompany, Cornerstone, CVViZ Softwares Pvt Ltd, Greenhouse Software, Inc.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Virtual Hiring Tools Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/virtual-hiring-tools-market/download-sampleMarket DynamicsThe unprecedented challenge posted by the ongoing COVID-19 pandemic on the recruiting teams across the globe is the main driving force behind the market's growth.
Virtual recruiting tools are becoming more popular among various industries since virtual recruiters can reach more candidates globally.
With the growing advancements in the global software market, these tools will provide a cheaper, faster, and more efficient hiring process for years to come.
Latest added Global Virtual Hiring Tools Market research study by AMA Research offers detailed outlook and elaborates market review till 2026.
At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are AllyO (United States), Harver B.V. (United States), Myinterview Solutions Pty Ltd., RecRight (Finland), Spark Hire (United States), VidCruiter (Canada), XOR (United States), TurboHire Technologies Pvt.
This is usually facilitated by technology solutions such as video conferencing software, virtual event software, and chat solutions.
Virtual hiring encompasses almost every aspect of the digital recruiting ecosystem.
Before COVID-19, some companies had already implemented some virtual recruiting strategies, but now more and more companies are actively recruiting, hiring, and engaging without ever meeting candidates in person.
It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates.
