As a company grows, it requires more workforce to accomplish the increasing number of tasks and meet the demands of its customers. And getting more manpower means hiring new employees. In addition, hiring the best employees is no less than a nightmare for several talent acquisition experts and HR mangers. However, HR managers and hiring experts cannot execute the entire recruitment by their own, as they would certainly require some or the other form technology to achieve the feat.

Though they can undergo resumes and conduct interviews, this stone-age process consumes a lot of time.  One way to fasten the process is implementing a recruiting software to track the applications. This enhances every phase of the recruitment process.

Functions of recruiting software:

• Manages your recruitment pipeline
• Controls your hiring database
• Improves the recruitment process
• Enables collaborative and effective communication

Benefits of recruitment software:

Reduces recruitment costs

You can customize HRMS software as per your company requirements by paying for only what you use. Installation and use of right recruitment software can acquire good return on investment. For example, it cuts down advertising costs. Moreover, it reduces hidden costs such as photocopying and postage charges etc.

 Reduces time to hire

As mentioned before, hiring the right candidate is the most tedious task for HR. Recruitment software streamlines the entire recruitment process. You just need to enter the desired qualification and the software scans all CVs and provides you with all the possible matches. It also empowers collaboration between departments and automates the application process.

 Simplifies the process

Digitalization has made the recruitment process much easier. With the help of recruitment software, it is easier to find potential employees. This empowers your company to approach to a bigger pool of candidates. Clearly defined job description and company profile lets applicants find out everything they need to know.

 Facilitates safe data

Irrespective of the technology or software you use, you absolutely don’t have to worry about the safety of your data. Further, if you use a cloud based HRMS software, data backups are just a click away. Most importantly, it will automatically take backups of your data at regular intervals. Thus, there is a minimum risk of losing your data.

 Track employee referrals

Recruitment software allows you to track employee referrals and identify the source of referrals. It lets you hire quality candidates as well as reduces your recruitment cost. It stores all the information related to referrals and status update of candidates at a single location, which is easily accessible and manageable.