Top 5 Recruitment Software Statistics

A recruitment software streamlines the recruitment process by performing a wide range of functions. This includes posting job descriptions on social media and job portals and onboarding new hires.

Recruitment is an essential task of an organization. This is because a successful organization is the result of dedicated employees. But handling large-scale recruitment is not an easy task. This calls for automation. Therefore, it becomes vital to look for recruitment software such as an ATS which simplifies the entire process of hiring candidates.

It is important to mention that tools, such as a resume parser, enhance the functionality of an applicant tracking system and help them deliver a fantastic user experience.

Also Read: How to Make Your ATS Better, Faster and Smarter?

 

Why Should You Use a Recruitment Software?

As a recruiter/organization, you focus on finding the top talent in the shortest time without putting in much investment.

  • A recruitment software will introduce automation in your system and increase your productivity and efficiency.
  • It helps you in setting up a standard for quality hiring.
  • It streamlines your recruitment process and eliminates your dependence on IT and marketing department.

Sounds interesting?

Let’s check out some facts and statistics about recruitment software.

Recruitment Software Statistics

1.Best-in-class companies use ATS

Over 98% of Fortune 500 companies use applicant tracking systems.

2. Get quality candidates

78% of recruiters say that using an ATS has improved the quality of candidates they hire.

 3. Speed up your recruitment process

In a survey conducted by GetApp, 86.1% of respondents say using an ATS has increased the speed at which they hire candidates.

4. An overall improvement in the recruitment process

94% of recruiters and talent managers who use candidate tracking software say it has improved the process.

5. Save Money

A company with eight employees can save $10,000 using an ATS.

Best Recruitment Software of 2019

After reading how a recruitment software can benefit your recruitment process, would you like to know which are the best recruitment software?

1.Gr8 People

A 100% purpose-built software, GR8 People connects all the talent ecosystems together with its talent platform and deliver intelligence, agility, and performance.

2. Ceipal

Ceipal is a well-known name in the HCMS industry. An intelligent recruiting software, it promotes better recruiting, easier HR, and faster placements. It has recently got No. 1 position among the Top 20 Applicant Systems in the G2 report.

3. SmartRecruiters

The Talent Acquisition Suite of SmartRecruiters is built on a modern cloud platform. The company helps its clients offer an amazing candidate experience. If you are looking at winning in the talent competition, SmartRecruiters is the right choice.

4. iCIMS

iCIMS offers one of the best recruitment and applicant tracking software solutions. Their overall approach helps you to win the talent war. You can find, manage, and nurture recruits with their efficient ATS.

5. Bullhorn

Bullhorn enhances your recruitment process with its cloud-based platform. It provides one solution for your recruitment process, including an applicant tracking system to manage your recruitment lifecycle and onboarding to track and manage candidate documents easily.

Finding the right recruitment software will help you attain your recruitment goals. If you are not using any such software, it is time you find one. Of course, you cannot ignore the contribution of technology to simplify recruitment.

Would you like to know how technology can enhance the functionality of recruitment software? Contact us.

 

Source: https://www.linkedin.com/pulse/top-5-recruitment-software-statistics-lovepreet-dhaliwal