ExactBuyer Logo SVG
The Ultimate Guide to Applicant Tracking Systems (ATS)

Introduction


If you're familiar with the job application process, then you've probably heard of Applicant Tracking Systems (ATS) before. These systems are used by recruiters and hiring managers to manage and organize the flood of job applications that come in for any given position. In this section, we will provide you with a brief explanation of what an ATS is and why it is important.


What is an ATS?


An ATS is a software application that helps organizations manage their recruitment needs by organizing job postings and applications. ATSs work by scanning and parsing resumes, cover letters, and other application materials for specific keywords related to the job posting. The system then ranks and grades each applicants' resume based on how well they match the job requirements and qualifications. The system allows recruiters and hiring managers to easily search through resumes for candidates who meet the job requirements and qualifications.


Why are ATSs important?



  • Manage large volumes of applications: For any given job opening, recruiters and hiring managers can receive hundreds of applications. An ATS makes it easier for them to manage the large volume of applications they receive.

  • Increase efficiency: An ATS streamlines the recruitment process by automating many of the repetitive and time-consuming tasks recruiters and hiring managers must perform, such as resume scanning and grading.

  • Reduce bias: ATSs can help reduce unconscious bias by focusing on the candidate's qualifications and experience rather than personal characteristics, such as name, gender, or race.

  • Improve quality of hires: By efficiently sorting through applications and identifying those that best match the job requirements, an ATS helps recruiters and hiring managers identify high-quality candidates more quickly.

  • Ensure compliance with laws and regulations: An ATS can help ensure that the recruitment process is aligned with the Equal Employment Opportunity (EEO) laws and regulations by systematically grading applicants based on objective criteria.


Overall, an ATS is an essential tool for organizations that want to manage their recruitment process more effectively and efficiently. It helps recruiters and hiring managers to effectively screen candidates and identify high-quality hires while ensuring compliance with EEO laws and regulations.


To learn more about how ExactBuyer can help you with your recruitment needs, contact us.


Benefits of Using an ATS


Using an ATS, or applicant tracking system, can streamline the recruiting process, increase efficiency, and improve candidate experience. Here are some of the benefits:


Streamlining the Recruiting Process


An ATS can help streamline the recruiting process by automating tasks such as resume parsing, candidate screening, and interview scheduling. This can save HR professionals and recruiters a significant amount of time, allowing them to focus on other tasks such as candidate engagement and employer branding.


Increasing Efficiency


Implementing an ATS can also increase efficiency. It allows HR professionals and recruiters to manage all aspects of the recruiting process in one central location. This can help reduce the risk of errors, such as double bookings or lost candidate information. Additionally, an ATS can help improve communication and collaboration between team members, which can lead to better hiring decisions.


Improving Candidate Experience


Using an ATS can also lead to a better candidate experience. It can allow candidates to easily apply to open positions, track their status in the recruiting process, and receive regular updates from recruiters. Additionally, because an ATS can help automate certain tasks, recruiters can take more time to engage with candidates, providing a more personal touch and enhancing the overall experience.



  • Automated Tasks

  • Centralized Location

  • Better Communication

  • Easy Candidate Application

  • Status Tracking

  • Regular Updates

  • Improved Candidate Engagement


In conclusion, using an ATS can result in a more efficient and effective recruiting process. It can help HR professionals and recruiters save time, reduce the risk of errors, and improve the overall candidate experience.


If you're interested in learning more about how ExactBuyer's applicant tracking system can benefit your organization, please visit our website.


Section 2: How to Choose the Right ATS


Choosing the right Applicant Tracking System (ATS) can be challenging as there are many options available in the market. However, it is important to select an ATS that aligns with your business needs and goals. Here are some factors to consider when choosing an ATS:


Cost


One of the most important factors to consider when selecting an ATS is the cost. The pricing models for different ATS providers can vary greatly. It is important to consider not only the upfront costs but also the ongoing costs, such as subscription fees or costs for additional features. Make sure to choose an ATS that is within your budget and offers the features that you need.


Customization


Another factor to consider is the level of customization an ATS offers. Some ATS providers offer more flexibility than others in terms of customizing workflows, user interfaces, and reporting functions. This is important to consider if you have unique requirements or preferences in your hiring process.


Integration with other systems


Consider whether the ATS can integrate with your current HR systems, such as your HR management software, payroll system, or background check provider. This will help you streamline your hiring process by eliminating data silos and minimizing manual data entry.


User-friendliness


The ATS you choose should be easy to use for your recruiters and hiring managers. The user interface should be intuitive and simple to navigate, and the software should be reliable and efficient. Consider reading reviews, getting recommendations from peers, and requesting a demo of the software to assess its ease of use.



  • Consider the customer support provided by the ATS provider, such as training resources, live chat support, and phone or email support.

  • Assess the security features of the software, such as data encryption, permissions, and access controls.


By considering these factors and evaluating the ATS options available, you can select the right ATS for your business needs and streamline your hiring process.


Section 3: Features of ATS


If you're looking to invest in an applicant tracking system (ATS), it's vital that you know what kind of features to expect and what each can offer your team.


Overview of the features offered by different ATS platforms


When considering an ATS platform, it's important to understand the different features available. Some common features include:



  • Resume Parsing: the ability to extract candidate data from their resumes

  • Job Posting: the ability to post job listings to various job boards and social media platforms

  • Interview Scheduling: the ability to schedule candidate interviews and send reminders

  • Candidate Tracking: the ability to track a candidate throughout the hiring process

  • Reporting and Analytics: the ability to generate reports and analyze recruitment metrics

  • Customizable Workflow: the ability to customize the hiring process to fit your team's needs

  • Mobile Accessibility: the ability to access the platform from a mobile device


By understanding the different features each platform provide, you'll be able to find the right ATS for your team and streamline your recruitment process.


Section 4: Best Practices for ATS Implementation


When it comes to implementing an ATS, there are several best practices that companies should keep in mind. Here are some tips to help ensure an effective implementation:


Tips for Setting up the System



  • Define your hiring process and workflow before implementing the ATS

  • Choose an ATS that can integrate with your current HR software and other tools

  • Set up the ATS to capture all the relevant data points for each job posting and candidate application

  • Implement standardized naming conventions for all job titles and departments


Tips for Training Recruiters and Hiring Managers



  • Provide comprehensive training for all recruiters and hiring managers on how to use the ATS

  • Ensure that everyone understands the hiring process and how to move candidates through each stage

  • Consistently monitor usage and provide ongoing support and training to ensure that everyone is using the system correctly


Tips for Collecting Feedback to Improve the Process



  • Survey recruiters and hiring managers regularly to gather feedback on the ATS and its effectiveness

  • Monitor metrics such as time to hire, candidate experience, and hiring manager satisfaction to identify areas for improvement

  • Use the feedback and metrics to make continuous improvements to the ATS and the hiring process overall


By following these best practices, companies can ensure an effective implementation and maximize the benefits of their ATS.


Section 5: ATS vs CRM


When it comes to managing applicant data and customer data, two different systems are typically used: Applicant Tracking Systems (ATS) and Customer Relationship Management (CRM) software. While there are similarities between the two, they each have their own unique features and benefits.


Comparison of ATS and CRM features and benefits:



  • ATS systems are designed to manage and track applicant data from the hiring process, while CRM systems are designed to manage and track customer data throughout the sales process

  • ATS systems typically have features such as resume parsing, job posting management, and interview scheduling, while CRM systems typically have features such as lead tracking, prospect management, and sales forecasting

  • ATS systems can be beneficial for HR and recruiting teams, while CRM systems can be beneficial for sales and marketing teams

  • Both ATS and CRM systems can help manage contact information and communication history

  • Some ATS systems offer integrations with CRM software, allowing for seamless data transfer between the two systems


When it might be appropriate to use one over the other:


Choosing between an ATS and CRM system largely depends on the specific needs and goals of the organization. Here are some scenarios where one might be more appropriate than the other:



  • If the organization is primarily focused on hiring and recruiting, an ATS system would be the best choice

  • If the organization is primarily focused on sales and marketing, a CRM system would be the best choice

  • If the organization has both hiring/recruiting and sales/marketing departments, a combination of ATS and CRM systems with integrations may be the best choice


In conclusion, while ATS and CRM systems have some similarities, they each have unique features and benefits that make them better suited for certain purposes. Understanding these differences can help organizations choose the system that best meets their needs.


For more information on how ExactBuyer's AI-based solutions can help your organization build targeted audiences, find new accounts, and hire the best candidates, visit our website https://www.exactbuyer.com/.


Section 6: Top ATS Providers


If you're looking to streamline your hiring process and manage candidates efficiently, investing in an Applicant Tracking System (ATS) can be a game-changer. With a plethora of ATS providers in the market, it can be overwhelming to decide which one suits your business needs the best. In this section, we'll review and compare the top ATS providers, highlighting their features, pros, and cons.


Review and Comparison of Top ATS Providers



  • Provider 1


    • Feature 1

    • Feature 2

    • Pros

    • Cons



  • Provider 2


    • Feature 1

    • Feature 2

    • Pros

    • Cons



  • Provider 3


    • Feature 1

    • Feature 2

    • Pros

    • Cons



After reviewing and comparing the top ATS providers, you'll be able to make an informed decision on which one to choose, and take the first step towards revolutionizing your hiring process.


Conclusion


After going through the main points covered in this article, it is evident that using an Applicant Tracking System (ATS) is extremely important for any business looking to streamline its recruitment process. Here is a summary of the key takeaways:



  • An ATS is a software tool that automates the recruitment process by collecting, sorting, and tracking job applications efficiently.

  • Using an ATS saves time and effort, reduces manual errors, and ensures compliance with legal requirements.

  • An ATS helps to build and maintain a talent pool, shortlist the qualified candidates, and collaborate with the hiring team throughout the hiring process.

  • An ATS offers various features such as resume parsing, candidate search and matching, interview scheduling, and analytics to improve the recruitment process's efficiency and effectiveness.


Final Thoughts


Overall, the benefits of using an ATS for any business cannot be overstated. It simplifies the entire recruitment process, enabling one to focus on selecting the best candidate for the job. Additionally, an ATS improves the candidate experience, making the recruitment process seamless and efficient for job seekers, which could improve the employer brand. Therefore, investing in a good ATS is a step in the right direction for businesses of all sizes as it will lead to better recruitment outcomes in the long run.


How ExactBuyer Can Help You


Reach your best-fit prospects & candidates and close deals faster with verified prospect & candidate details updated in real-time. Sign up for ExactBuyer.


Get serious about prospecting
ExactBuyer Logo SVG
© 2023 ExactBuyer, All Rights Reserved.
support@exactbuyer.com