Application Tracking System (ATS) has successfully replaced a Business' filing cabinet (full of prospective candidate applications for jobs in your business) by having spread its wings all over the internet. The system brings in more applications and helps you sort them out in less time, with less of your effort put in and hence, less cost per hire considering you haven't hired a recruiter to run the job for you.
An ATS allows your business to post jobs on a job board; a career site of sorts which helps applicants select these jobs and drop in their resumes, letters and applications. A career site of this kind can be featured into your own Company website where you can post for any job vacancies in order to attract candidates and improve the efficiency of sourcing talent.
Your business/company is powered by the people you hire and you are always on a look out for talent, skill, intellect and diligence. Recruiting is essential to any business' future prospects in the corporate world. The real value to your business provided by an employee reflects in the sales per employee.. How much is that employee driving up that real value is a question to be considered and what is the business itself doing to ensure a higher sales per employee can be helped upon by using the right ATS for your business.
Buying an ATS is only half the job done. Before that, you need to test the features on the system to check compatability. Some ATS' are just extensions of Talent Management Systems which help a Business to source, develop and engage people within the organization. Such features would be costly and redundant for Small Businesses which are just looking for a hiring system. For such businesses, a simple application tracking system with a suitable job board would do. Features such as integrated email systems and similar modes of correspondence with the applicants and among colleagues would come in handy. A system which is easy for employees to navigate and easier yet for applying candidates to browse through. Job details and information, job criteria, job deadlines are few important links which should be available to the applicants.
For large, multinational companies, however, such ATS' would not be sufficient. They may want online interview facilities, for instance to make the system work for them... The key is to know what you want and what price you are willing to pay for it. And, also to always get a demo and site tour of your chosen application tracking system first before buying.
For more information on applicant tracking system
for small businesses, visit Simplicant.