Recruitment is one of the most important processes of management without it, no work is possible. It is a broad term that involves sourcing job seekers, making databases, posting, and sending job alerts. All of this can be very hectic, especially when you are doing it all manually. That’s where recruitment software comes to your rescue.
Recruitment software is a term that includes all kinds of software used in the recruitment process. Recruitment job portals include technological solutions to all your recruitment-related processes.
Why should you use recruitment software?
Using recruitment software is a smart choice not only because it makes the work easier but also because it helps you in keeping up with the latest technology.
This software automates all the management solutions related to recruitment which is a lot less burdensome and time-consuming, and also helps in learning management solutions. Following points highlight the necessity of recruitment job portals:
1 . Saves time
Recruitment is an ongoing process; skillful, competitive staff is always required in an organization. The procedure of recruitment requires a lot of time and is very repetitive. Automating this work like scheduling interviews, appointing candidates, solving queries, can be done using recruitment portals. Recruiters can use the time saved on more important tasks.
2. Accurate information
People tend to lie in the interviews; they often make fake remarks and try to sound more intelligent and competent than they are. Hiring misleading people is not favorable for any company, and it also degrades the quality of staff, hence degrading the quality of work.
Recruitment software makes sure that the information given by any job seeker is accurate and results based on the technological assessment of the job seeker.
During recruitment, applicants share personal and sensitive information with recruiters like address, contact information, and account details. It is a recruiter’s responsibility to keep it secure. Recruitment software helps in keeping all this information safe by encryption. The data are accessible only to concerned people.
4. Improve candidate experience and diversity
To err is human. Manual recruitment can increase the chances of errors and inadequacy. Systematic software reduces these errors and makes the recruitment process more efficient. The technology helps bring uniformity in the various steps and procedures like an interview, scheduling interviews, and questions to be asked. This enhances the overall candidate experience and attracts more candidates to the organization.
Recruitment, when done manually, can be unfair because of the personal biases of the recruiters. An automated system helps in overcoming the problem of discrimination. AI-based tools are used in every process from the job advertisement to the assessment of candidates and select people based on skills and qualifications, not according to gender, religion, or any other factor.
5. Better communication
Recruitment software works as an integrated platform that has a huge database storing all the information about candidates. Any updates can be made quickly and easily. Storing all the data at one place that is accessible to all the concerned people helps in improving communication.
How does recruitment software work?
The working of recruitment software relies on two main tools :
- Automated Candidate Sourcing
- Application Tracking Software(ATS)
Automated candidate sourcing performs functions like reviewing resumes, uploading job and resume details. The AI-based system helps to identify who fits the job profile best and reach out to them.
Application Tracking System is used by 99% of Fortune 500 companies. The application sent by a candidate first goes through an ATS, an ATS stores and processes the entries in the database. The recruiters then go through ATS looking for candidates using some keywords for skills and qualifications for a certain role. Also read about choosing the right application tracking system for your business.
What are the benefits of using recruitment software?
There are many benefits of using a recruitment portal.
- Automation of the recruitment process.
- Reduction in paperwork, hence encouraging a paperless economy.
- Increase in social outreach of recruiters.
- Improves productivity of employers by reducing time wastage and tedious work.
- Filtering the best candidates for jobs.
- Saving the cost that could be incurred in travel charges.
- A database is a secure place to store all the data, and there is no risk of losing data due to power cuts or corruption.
Recruitment software market
The recruitment software market has expanded a lot in the past few years, with peoples’ focus on digitization and paperless working, it is destined to grow even more. According to the reports by Fortune Business Insights, the recruitment market will have a market of US$ 3,095.8 Million by 2025.
The advancement in the tools and integration of other platforms like Facebook and LinkedIn in the recruitment process is also likely to contribute to the market. North America is believed to be the biggest market for recruitment software. The Asia Pacific is too emerging as a vast market due to fast industrialization and the use of digital tools.
Recruitment software has changed the way this process has been happening in the past. It has made one of the main management processes so easy, not only for the recruiters but also for the candidates. With the response it has gotten so far by the companies, it is sure that we will see the rise of its use in the future.
Knovator is here to help you in finding the solution to all your recruitment-related issues. One of the best in the field, we develop recruitment job websites, applications tracking systems and help in planning business strategies for recruitment and their execution. Get a free quote on Knovator’s top-notch job portal development service today! Contact us in case of any queries regarding the same.