What is Talent Acquisition Software? - In-Depth Guide
Are you one of those hiring professionals who spend hours of time manually reviewing candidate resumes and segmenting applications...
Are you searching for cloud recruitment software? Are you searching for an online recruitment platform? Or Want to replace the existing one? But, if you do not have enough knowledge about recruitment systems, then this blog will help you and provide you with overall guidance about the best recruitment software, like what recruitment software is, its benefits, which are top recruitment software, etc.
Online recruiting tools come with a myriad of benefits and is specially designed for recruitment agencies, recruiter, and human resource professionals. The online recruiting tools are capable of collecting deserving talent in the talent pool at a higher speed.
According to the survey, the following are the benefits of using recruitment software:
So, let's start with the main objective of the blog!!!
Recruitment software is used by organizations, companies, and recruitment agencies to handle and make the recruiting process easier and faster compared to the manual process of recruitment. It is also known as Recruitment Software in the recruitment landscape.
Through online recruitment software, good recruiters can perform a number of operations, like posting jobs, communicating with clients, interview scheduling, candidate status changes, etc., effortlessly.
Some cloud recruitment software uses artificial intelligence features, also known as AI recruitment software, which automates several of the operations of the workflow.
Recruitment software is the software used by recruiters, but some recruiters have misinterpretations that Online Recruitment Software & ATS are the same. To some extent, it is the same but not exactly identical to each other.
There are some differences; let us know those differences
Recruitment platform is leading in each sector, and people have also started believing that technology brings a number of benefits with it.
Every software is made with some purpose and advantages that minimize human activity.
Here is the Online Recruitment Software, which also has multifarious benefits that help recruiters to manage their time. In the current competitive market situation, the recruiting process will not succeed until it will not include time-saving, cost-saving, and accuracy rate-type factors during the process.
According to the research, 94% of hiring professionals have stated that online recruitment software creates a positive impact on their business.
The organization and the HR department are always looking forward to hiring new and qualified talent in the company. Recruitment software is accessible for small, mid, and large-scale enterprises that do work for recruiters easily through effective communication with candidates.
Here are the key benefits of online recruitment software:
Save time and money
Collects all important data
Increase your social reach and branding
Tracking job applicants
Reduces your manual work
The recruiting process is an unavoidable process for each business. Online recruiting software allows you to track the applicants, grab the applications from various sources, job postings on different job boards, and website integration, store the data at a single spot and communicate and these all put the recruiting process at the next level. The recruiter software helps organizations to grow and to walk through the success ladder.
Because of these benefits, 86 per cent of recruiting professionals stated that online Recruitment Software helped them to hire faster and quicker.
There are N numbers of Online Recruiting Software available in the market, and you have to choose only one out of all. Before selecting the best recruitment CRM, you need to verify all its aspects in detail. There are various points on which you need to focus; some of them are given below.
An offering of features and functionalities
Organization size and software compatibility
User training, onboarding, and customer support
Software terms & conditions are suitable for the company or not
GDPR or local-low compliance
Language options available (in case you are from Mexico or another native language-speaking country)
Businesses or recruiting agencies stand to gain a lot after using online Recruitment systems. The recruiter must find out from the list of software that is suitable for the organization and that will streamline your recruitment process and improve the efficiency of hiring.
"You're not just recruiting employees, but are sowing the seeds of your reputation."
Online Recruiting Software is the bundle of the features, features that make the hiring software distinct from others. But there are always some features that are commonly present in each executive online recruitment software and play a pivotal role in software.
Here is some important feature of Online Recruitment Software:
Here is the set of features that might help recruiters find suitable talent for the open job and help to manage the talents.
Statistics:- 76 per cent of hiring staff stated that their biggest challenge is to attract quality candidates.
Free and paid job board promotions
Social media recruiting
Boolean search and semantic search capability
Organize candidates in different talent pools
Video screening and questionnaire to pre-screen the candidates
Some important sets of features help recruiters to engage with more candidates and grab applications.
Chatbot to attract more talent from your Facebook, website, or any other pages.
Mobile-friendly career page
Application forms can be customized
Here is the set of features which will help recruiters to track and measure the recruiting process
Cost per hire
Offer acceptance rate
Source of applicants
Any Business or Organization can effectively and easily manage the recruitment process with the help of recruitment software features as mentioned above. Depending on a company's needs and requirements, they can use out-of-the-box solutions or turn to development companies to create custom recruitment software with minimized risks.
Whenever someone starts or adopts a new thing, they go through various difficulties and problems. Here the same thing happens with recruiters when they initially adopt and implement the recruitment software for their daily work.
We can say that it is a sudden change for them, and it is not quite that simple to switch from the manual work process to the technology for work. And that is accepted by 42 per cent of companies that their biggest priority is to invest in recruitment process software. (Source)
Here is a list of some of the challenges faced by recruiters.
To build a strong employer brand
The system you purchased is not user-friendly
Lacking knowledge in the team for using the technology
The existing business process doesn't match well
Poor customer support and training program
Vendors may increase the price without any notice
The system doesn't respond at the time of work
Team collaboration is not possible in the system
Difficulty while integrating your career page with the system
The above-mentioned are the common challenges faced by recruiters.
"A modern recruiter is one who is targeted, builds relationships, and knows how to only find candidates but also get them to respond!" - Stacy Donovan Zapar
This is the natural human tendency when people go to purchase a thing, or they purchase in bulk, they will ask about every small detail of the product, and after that, they will decide whether to purchase the product or not.
The same thing recruiters need to do. While purchasing the software, recruiters must know in and out of the software. There are some important questions recruiters must ask the software vendor:
How does the system work?
What is the price of the software?
How many clients are already using the software?
Is the database safe in the software?
Do you provide a data migration service?
Are there any hidden charges?
Is the system available 24*7?
Do you provide personal demonstrations?
Do you provide a free trial? If yes, for how many days?
Can we customize the system?
What is the process of termination?
Do we get the data backup at the time of termination?
How frequently do you update the system?
Here is the list of companies which can use Recruitment Software.
Executive Search Companies
Recruitment Software is the easiest and simple way to attract more candidates. Not only about candidates, but it also saves time and cost per hire and increases work efficiency.
Recruitment agencies are the ones who execute the same process number of times. Hence, recruitment software for agencies is a must to automate the hiring process. Recruiters can choose the ATS software according to the company size and fulfil business growth through its amazing features.
Here are the names of the Best Recruitment Software for agencies available in the market:
There are many Recruitment Software available in the market. The list of that software is already mentioned. Now the question is how to find the best ATS software for them. And the solution is a different review platform. Yes, there are various types of review platforms that help you to find out the best and more suitable recruiting software.
COVID-19 not only changed the lifestyle of the people but also transformed the work process, including the recruiting approach.
Every sector is accepting the new norm way, i.e., the virtual way of work, and for recruiting, Recruitment Software considers the best practice. Myriad recruiters formerly have transited toward the online recruitment process by adopting artificial intelligence recruitment software.
Social media camping
Automate tracking, communication, and interview scheduling
These few pivotal tactics that are widely required to complete the recruitment process during this pandemic. And, here, Recruiting Software is a fitted invention. This virtual process will, for a long-standing if the recruiters will utilize Recruiting Software, then no need to use different apps or software for a distinct section of the whole process, from tracking to video interviewing everything at one spot.
Go the way where you find more applications, and presently due to COVID-19, job seekers are searching for jobs on various job boards and social networking sites. Through AI Recruitment Software, recruiters can eliminate various manual tasks and perform many automated activities like promoting their jobs on different job boards and social sites to attract applicants. By adopting Recruiting Software during this pandemic, recruiters can survive this state flatly.
iSmartRecruit streamlines every aspect of the recruitment process in an all-in-one recruitment software solution. It is specially designed for mass recruiters, HRs, hiring managers and recruitment and staffing agencies to manage and automate recruitment workflow effectively.
It enables HR corporates to achieve hiring excellence with AI-powered recruitment features.
iSmartRecruit offers the following highly scalable features that help recruiters streamline their overall recruitment process and maintain candidate experience.
Online skills assessment tools
Social Recruiting - easy and efficient job advertising
Recruitment Chatbot - 24x7 support
AI-based candidate matching
Resume parsing and management system
Video Interview tools
Various hiring analytics
Employee referral management
AI-based profile matching
Smooth data migration
Self-hosted option available
Create automated workflows
Powerful candidate database search option
Want help with conducting your recruitment tasks efficiently? If YES, then look no further and click the below image and book a demo.