3 Benefits of Applicant Tracking Systems
Bringing in the best possible employees is a top priority for all organizations, especially those in the Health and Human Services industry. In fact, just over 50% of respondents to our 2017 State of Workforce Management Survey stated that Recruiting and Retention is “Extremely Important,” yet only 20% of those respondents felt that their recruiting strategy was “Very” or “Extremely” effective. This indicates that organizations are aware of the importance of recruiting and retention, but they feel they do not have the proper systems in place to tackle the challenge.
Applicant Tracking Systems, and other similarly named software solutions, are helping organizations tackle their recruiting and retention challenges by streamlining the recruiting and onboarding processes. Unfortunately, many organizations are still “getting by” with tracking and managing applicants manually. These organizations have yet to realize the benefits that an applicant tracking system can provide. Below are the three main benefits of adopting an applicant tracking system.
Increased Visibility of Applicants
One of the biggest challenges in the recruiting process is making sure that applicants don’t fall through the cracks. In many cases, a great applicant may not be reviewed or may be overlooked due to a large amount of applicants and a disorganized process for collecting applications. Incorporating an automated applicant tracking system ensures better visibility over all applicants and their qualifications. Recruiters will be able to view all applicants, what stage they are at in the process, and what ratings or notes have been attached to their file so far. Automated Applicant Tracking systems guarantee that the right applicants are put in front of the right people at the right time.
Organizations within the Health & Human Services industry are required to meet certain compliance requirements to gain and maintain funding. With applicant tracking systems, organizations can view what applicants have applied to a position, their EEO information, and if their credentials match the requirements of the position, before the hire is approved. Organizations that attempt to collect and analyze this information manually often find that the tracking of critical credentials can be troublesome and error-prone, opening them up to compliance risks, fines, and even funding clawback.
Faster Time-to-Fill Positions
It is essential for organizations to focus on speeding up the hiring process. Each day that a position goes unfilled, the organization could be missing out on revenue. By investing in an applicant tracking system, you’re ensuring that the reviewing process will be completed in a more efficient and effective manner, which will allow you to bring on fresh talent sooner. Ultimately, being able to send these prospective employees through your particular workflows automatically will expedite the recruiting process and enable your organization to fill more positions faster.
Your organization deserves the best, and so do the people that are applying for positions at your organization. Fortunately, with an applicant tracking system in place, your organization is ensuring that the recruiting process is effectively being managed. Moving in a direction that is more automated will allow your organization to continue to thrive without falling behind the curve. It’s necessary to provide these potential new hires with the best possible first impression of your organization, and at the same time enable yourself to bring top talent onboard faster.