What is an Applicant Tracking System (ATS)?
An applicant tracking system is a software solution that automates and streamlines an organization’s recruiting processes. Collecting all candidate data, requisitions, and recruiting workflows in one easily accessible location, an ATS centralizes the recruiting process. With this technology, you can reduce time spent on manual processes, improve collaboration, and make smarter hiring decisions.
What can you do with an ATS?
Automate Job Posting – Easily create job ads and post to career sites, job boards, social networks, recruiting agencies, and internally
Manage Candidate Data – Centralize your recruiting data and track and store all your applicant information in a one place to reduce manual, paper-based processes
Manage Employee Referrals – Track employee referrals and manage payouts
Create Career Sites – Showcase your unique culture, elevate your employment brand, and reach more qualified job seekers with an unlimited number of branded, customizable career sites
Track Recruiting Metrics – Gain the data you need to optimize your hiring process by tracking key metrics and identifying areas that need improvement
Customize and Standardize Workflows – Define your organization’s hiring process and the candidate experience. Workflow templates allow you to easily predefine and standardize the information and preferences that make up your recruiting process
What are the benefits of using an ATS?
Automate and streamline recruiting processes – Streamline your hiring processes with tools that remove the administrative burden. From easily tracking and managing every applicant through every step of the hiring process, to managing interview and offer letters, an ATS is designed to help recruiters and hiring teams get more done with less time and effort.
Provide a painless and engaging candidate experience – The power has shifted from employer to candidate, and candidates today want and expect great experience. Give them what they want and stand out against the rest with customizable career sites that allow you to elevate your unique employer brand and culture and a painless application process that makes it easy for candidates to apply – across all devices.
Alleviate compliance issues – Minimize compliance concerns by standardizing job postings, interview questions, self-assessments, and candidate screening. With comprehensive reporting capabilities, you have all the data you need to properly and efficiently run an audit.
Optimize your hiring process – Centralize all your recruiting data to track key hiring metrics and gain actionable data on the effectiveness of your hiring processes. With real-time data you can identify areas that need improvement, address bottlenecks, and make better hiring decisions – all improving your bottom line.
What are the features of an Applicant Tracking System?
ATS software solutions can include a wide variety of features, but the following are the most common ones you should consider:
Applicant Tracking – Track and manage all applicants through the entire hiring process
Job Posting – Easily create job ads and post to career sites, job boards, and social networks
Employee Referral Management – Track employee referrals and manage payouts
Career Sites – Branded, configurable web pages to showcase your organizations culture with interactive media, messages, and resource
Interview Management – Manage the interview process with tools at that allow you to schedule interviews, request references, collect interview feedback
Offer Letter Management – Create, manage, and track offer letters to support seamless, end-to-end communication with the candidate.
Screening – Configure pre-screening questions and 3rd party assessments
Reporting and Dashboards – Track and visualize key talent acquisition metrics
Does Cornerstone Recruiting integrate with other applications?
We understand that there are a variety of talent acquisition solutions that could fill the diverse needs of a talent acquisition team, and even more options for each specific area. With Cornerstone’s partners and Edge Marketplace, you can remove the burden of managing multiple disparate solutions by leveraging an ecosystem of best-of-breed solutions. Our pre-built integrations make it easy for your organization to extend its Cornerstone platform and seamlessly integrate all your talent acquisition solutions to get a comprehensive view into your organization.
What is the recruiting life cycle?
A recruiting life cycle is the complete end-to-end recruiting process. The full recruiting life cycle encompasses 5 main stages:
Requisition management – To successfully find the right candidate you must define your ideal candidate and write a job description that attracts the right candidates
Sourcing – To attract top talent, you must post job openings to job boards, career sites, social networks, employee referrals, and to internal employees
Screening and assessment – The goal of this stage is to narrow down all your candidates to the very best most fit talent
Offer and verification – Once you’ve found the perfect candidate, its time to extend an offer and run the necessary background checks
Onboarding – Onboarding is the process of making new employees feel welcomed and prepared for their new role so they want to stay with your organization
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