In today’s competitive business space, the pursuit of top talent is an ongoing process. Many organizations recognize that recruiting stellar employees entails implementing strategies day by day. No longer do companies wait for a position to be vacated before searching for potential candidates. Now, each day is an opportunity to attract talented prospects and promote an organization’s brand. Part of staying on top of talent acquisition is making sure that HR teams and recruiters are equipped with all the help they need. That is why many companies use recruiting software.
What is “recruiting software”?
Recruiting software refers to any system that helps organizations streamline and maximize their hiring process. Recruitment software is an umbrella term or a broad category that encompasses many recruitment solutions. From applicant tracking systems (ATS), recruitment marketing, sourcing, record keeping, these are just a few types of recruiting software.
What are the different functions of recruiting software?
As we have mentioned above, recruiting software is a broad term for any type of system that aims to make a company’s hiring process easier and more streamlined. Although there can are many types of recruiting software that has different uses, they revolve around one or more of the following functions:
Sourcing. Sourcing is an integral step of recruitment where recruiters search and attract candidates for a company. Sourcing goes beyond looking for individuals who are exploring employment opportunities. It is especially important in gaining the attention and interest of highly qualified individuals who are passive candidates who may not necessarily be looking for a new role.
Engagement. Once a company contacts a candidate, having an open line of communication is key to making sure that they remain engaged, informed, and interested throughout the hiring process.
Screening and selection. Screening can be a challenge if there are volumes of applications that a company receives each day. With recruiting software, HR teams will not have to manually read and sift through each resume. The software can be designed to scan through all screening applications. Additionally, recruiting software can help recruiters, managers, and all involved in the hiring process to collaborate and remain up to date with candidate selection.
Hiring. Recruiting software can act as a repository of all forms, records, and other employment forms that candidates need to be hired. Companies use recruiting software to streamline the onboarding process to make transitions easier.
What are the benefits of using recruiting software?
Recruiting software acts as an extra set of hands to assist recruiters in accomplishing all needed tasks. Many administrative steps in the hiring process can be manual and repetitive such as organizing applications, files, encoding information on a spreadsheet, composing, and sending emails. This is where recruiting software comes in. It can handle admin work and many other responsibilities in recruitment.
Recruiting software does not make hiring decisions. It does not replace the human touch and expertise required in recruitment. However, it does streamline the hiring process and take many tasks off the to-do list of recruiters. Consequently, recruiting software saves time, effort, and resources. This way, HR teams can accomplish other responsibilities.
Furthermore, recruiting software is also beneficial for candidates. Recruiting software can make the hiring process faster, simpler, and more efficient. Because the system can send correspondences quicker, the candidates remain engaged and up to date with what is going with their application. Gone are the days when a candidate sends an application and does not hear from the company at all. With recruiting software, candidates are not left wondering what went wrong. Recruiters can send timely updates and feedback with ease.
What is the meaning of CRM Recruiting?
CRM stands for Candidate Relationship Management. In the recruitment space, CRM recruiting refers to fostering and maintaining relationships with passive candidates. The primary difference between an applicant tracking system (ATS) and candidate relationship management (CRM) is their focus. An ATS focuses on the workflow and steps in streamlining the hiring process of active candidates. These are individuals who have applied for open positions. On the other hand, CRM focuses on building a pool of passive candidates or individuals who are not actively looking for new positions.
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