5 Must-Have Functions in Your Recruitment Software
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Recruiters today are not only experts in people, but also in software and technology. The reason for this is that success depends to a large extent on using the right recruitment software system.
But with thousands of software tools for recruitment, it can be difficult to narrow down what you really need to make your job easier.
To find out, here are 5 features that you need to make a great recruitment software system:
A report by the Aberdeen Group found that 59% of recruiters said they had neither the manpower nor the time to review all the applications they receive for a job posting.
This year recruiters will be under even more time pressure as LinkedIn reports that recruitment volumes have increased.
Therefore, the option to automate time-consuming, repetitive tasks is a great relief. Tools that automate resume review, finding new employees, contacting candidates and scheduling interviews are all now available.
All you have to do is decide which tasks are taking up too much of your time and which you'd rather move to your recruitment software system instead.
The recruiters have spoken: they want quick and easy integration for their software tools.
Software companies have responded with open APIs and partner marketplaces full of complementary software tools organized by recruitment function (e.g. IceHrm, Aqui Team).
These partner marketplaces reduce both the time and frictional losses when searching for software that meets your specific needs.
For example, if you are looking for an AI recruitment tool, you do not have to start your research from scratch. You can look at your ATS partner marketplace and compare tools that already work well with your existing recruitment software system.
The ATS - the mainstay of recruitment software - is a great tool for incoming candidates, but can sometimes fail in passive candidate management.
Passive candidates are important: Lever's data shows that 30% of hires come from abroad - the second most common source of hires after applicants.
Your recruitment software system should be able to support you in finding, organising and contacting passive candidates, whether they are external or internal to your own ATS database.
One of the biggest complaints about old software systems is how clumsy and ugly they can be.
Having learned from these mistakes, modern versions of recruitment software tend to be more user-friendly and intuitive, and have a more attractive user interface.
These user interface features include unlimited customization, drag-and-drop functionality and highly automated data entry.
Recruitment is now a data-driven function, which means you need to see your data quickly and use it wisely.
To understand how well your recruitment software system is working, you need to know information such as the source of your candidates, your recruitment speed (e.g. time to fill), cost per hire and the state of your recruitment funnel (e.g. applicant to screen conversion rates).
This data can help you understand what is going well and what could be better. In this way, you know where you can make process improvements and you can justify the investment in better software tools for a below average recruitment function.