While applicant tracking systems have been around for a while, they are not widely adopted by small and medium companies around the world, on the other hand, 98% of the Fortune 500 companies use an ATS.
An applicant tracking system is designed to organise and speed your hiring process, regardless of the company size so here are 5 reasons why your company needs an ATS:
Your hiring team keeps your open positions in a spreadsheet and have no idea what the current status is on any of those positions.
You spend too much time trying to schedule interviews with candidates and interviewers, write emails to candidates or give indications where your office is.
You're missing out on great candidates who decided to pursue other opportunities because your company's feedback loop took too long.
There's no way of gathering valuable information about a likely candidate after you have just found him.
You don't know how you can improve your hiring process because there's no data on what works well for your company and what doesn't.
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