Recruitment management software comprises many HR tools to manage a company’s hiring process. It is designed in a way to improve the efficiency of recruiters by automating processes like publishing job listings, managing candidates, resume parsing, scheduling interviews, and so on.
Without the right recruitment management software in place, it might be difficult for you to narrow down what you really need to make your hiring process seamless. The software basically helps you find the right person at the right time from the huge talent pool.
Recruitment management systems perform a variety of functions and most of these tasks are automated such as candidate sourcing, feedback emails, onboarding, recruiting analytics & more. It allows the hiring team to focus on more strategic interactions.
In this article, we will further discuss some of the most important functions of recruitment management software that will help you acquire the best hire.
Functions of Recruitment Management Software
Recruitment is an important process to achieve organizational goals and success. In this section, we have mentioned six important functions of recruitment management system to help hiring managers recruit the top talent.
- Automates time consuming tasks
With the recruitment volume increasing, the ability to automate time consuming task is a great relief. A variety of tools are available these days to automate candidate sourcing, candidate assessment, CV screening etc. The right HR recruitment software in place leverages automated intelligence to help you finding the right candidate for your organization.
One such tool is the applicant tracking system (ATS) that helps manage job postings and applications. This tracking system stores and evaluates a candidate’s personal and professional information automatically for recruitment purposes. Applicant tracking acts as the backbone of recruitment software for administrative recruiting management functions like hiring flowchart, custom rejection reasons, recruitment stage alerts & more.
- Screening tools for candidate evaluation
With the help of screening tools, you can identify the best candidates quickly and easily, thus accelerating interview process. Send assessment to candidates to find the right job fit as well as the likelihood of retention. In addition, it conducts prescreening, background screening and reference checking to hire the right person for the job.
- Includes customized forms for candidate evaluation
You can include a form in all your job postings with the right set of questions to make your recruitment management process more effective. By covering specific questions in the form, hiring managers easily figure out the deserving candidates. Also, it is one of the easy ways to speed up the recruitment process.
- Customizes the hiring workflow
As we know, different jobs have different skill set requirements, so everything right from the number of hiring stages to the hiring managers involved in the process depends on the type of job profile you’re hiring for. Well, with candidate management software in place, you can customize the hiring workflow for every job title/description.
- Provides valuable report for recruitment analysis
For optimal recruitment, you must know where your candidates come from, how long it takes to fill certain positions as well as the cost per hire. Such data can help you understand what works for your organization in the long run and what doesn’t.
Hence, it is important to have a recruitment management system in place that provides valuable insights with ease. The intelligent reporting includes candidate sourcing reports, rejection reasons reports, detailed interview reports and so on!
- Maintain seamless communication
The right recruitment management software in place can help manage candidate communication effectively. It lets you reply to applicants via automated text messages or email, provided they have subscribed on the website to receive alerts. Not only this, but they also give you the option to provide interview status updates for individual rounds to keep the candidates informed and engaged.
A hiring management system not only helps through the selection process but also sends automated reminders to new joiners to fill online onboarding forms. The software helps in streamlining onboarding processes by creating intuitive dashboards, built-in forms, etc. Further, you can create a step-by-step guide for task completion for employees. The software also sends automated notifications to ensure smooth onboarding formalities.
It is no surprise that hiring management system is so much in demand these days considering the fact that employers can use it throughout the candidate selection process. The software streamlines the process of hiring new candidates through candidate assessment and evaluation, automated communication, and so on. Not only do the recruitment management software helps save time or labor but in general its functions can improve all stage of the hiring process.