What is Recruitment Software?

Introduction

Recruitment software is utilized by hiring managers, talent acquisition professionals, and recruiters to streamline and automate recruitment functions like sourcing, screening, selecting, and interviewing applicants. With this platform, you can source candidates, view resumes, choose a shortlist, interview candidates, and work with hiring managers.

Recruitment software is a part of a HR software suite and it can be leveraged to post jobs and attract top talent to the organization. An efficient recruitment tool enables you to consolidate the whole applicant search and hiring procedure, and add staff members to your workforce. Plus, the platform reduces stress on your hiring managers and recruiting teams who are involved in the time-consuming and arduous selection process.

Features of Recruitment Software

Intuitive and User-friendly Interface

Legacy software solutions are ugly and clunky to use. Learning from these drawbacks, modern recruiting software applications are intuitive, user-friendly, and provide an attractive interface. They provide useful features such as automated data entry, drag-n-drop function, and unlimited customizations.

Passive Applicant Management

The applicant tracking system (ATS) is an important part of recruitment software. It is helpful for inbound applicants but may not be useful for passive candidate management. A Lever report shows that 30% of recruits are sourced applicants, second only to direct candidates. The recruitment software tool should enable you to find and contact passive candidates both externally as well as internally from your ATS database.

Task Automation

Industry reports indicate that a majority of recruiters don’t have the time or manpower to read all the applications they get for an open job position. Plus, hiring volume is rising which gives recruiters even less time. This is where recruitment software is a boon as it automates repetitive and time-consuming tasks. You can use the platform to automate resume reviewing, sourcing, applicant outreach, and scheduling of interviews. Simply offload these time-consuming tasks to your recruiting software and focus on more important work.

Recruitment analytics

To improve your recruitment processes, you need to swiftly view and get insights on your data. Recruitment software can provide info such as candidate source, your recruiting velocity, expense per hire, and the health status of your recruitment funnel.

With this data, you can learn what’s working well and what needs to be improved. Thus, you can identify areas for process enhancements and invest in more software tools to boost your recruiting functions.

Software Integrations

To fill the need for easy and quick integration of recruiting software, vendors provide open APIs as well as partner marketplaces that offer software tools like SmartRecruiters, Greenhouse, etc for recruiting function. These marketplaces enable you to find suitable software solutions quickly and easily.

For instance, if you want an AI recruiting program, you don’t have to do extensive research. Simply search your ATS vendor’s partner marketplace to find tools that can work nicely with your current recruitment software platform.

Benefits of Recruitment Software

Keep Track of Candidates

To ensure you review each of the candidates who have applied, the solution automatically updates all actions taken on an applicant, with all your notes attached. You can efficiently move candidates through the online hiring stages, and make sure no application is missed.

Speed Up Recruitment

You can easily access all the required info and contact both employers and candidates from anywhere, anytime. Plus, you can always stay updated as all alterations are automatically introduced to the platform. This allows you to speed up the recruitment processes, and hire more people in less time.

Enhance Communication

You can use one system to stay updated on all the tasks your team is managing. Plus, they can update information about a candidate during all stages of the recruitment procedure, and attach their notes. This improved communication helps you to digitally move applicants through the process and treat all candidates equally.

Improve Hire Quality    

You can store all resumes in a single location, which helps you to find better-qualified candidates in quicker time as you can categorize the received resumes according to specific criteria. Then, you can easily filter them and find applicants with particular skills. This way you can easily match qualified applicants to suitable open job positions.

Minimize Administration Tasks

Recruitment software automates job posting on multiple job-board sites. This helps you save a lot of time as you can post to a wide range of boards with a few clicks. Many tools also offer a shared calendar which simplifies interview scheduling.

Expand Your Applicant Database

Bid goodbye to rummaging through paper piles as you can effortlessly store all job applications and CVs in a single secure location. Plus, you can allow applicants to login to the system and upload their resumes which will give you a bigger database and wider reach.