Monday, 9 January 2012

Reports and Analytics of Applicant Tracking Software

Applicant tracking software should be convenient, user friendly, and easy to navigate. Recruiter, managers, interviewers and others who involved in the recruitment process should feel comfortable in using the recruitment software. Make sure that the software you select doesn’t need technical knowledge to operate.

Seamless Integration
Talent management is not an individual business; talent management requires coordination from various processes in multiple departments. Third party vendors including recruitment consultants, planning consultants, payroll management consultants and other vendors involved in supporting your company’s human resources management process need to be considered before selecting an ATS, there are several applications and systems used by them and also by other departments in an organization.

Reports and Analytics
How do your managers take decisions on employee recruitment, retention, training,   performance appraisals? An Applicant tracking software should help its users in generating customized real time reports, according to the requirements. A customized report helps the management in analyzing how their employee requirements, interview process, appraisals, are managed and performed. Customized reports and analytics help the management in taking critical decisions. Reports and analytics help the management to measure the performance of the recruitment process.
  • Statistical Reports helps to understand the Total Jobs Posted, Total Hires, Total Dollars Spent, Avg. Cost per Hire, Avg. # Candidates Interviewed per Hire, Avg. Time to Hire, Avg. Rate/Salary of Hired Candidates etc.
  • Comprehensive reporting on applicants, rejections, offers, cost-per-hire, jobs posted, departments having high rate of attrition, reach and response of an online survey, employees lists for appraisal, unfilled jobs, hires by manager, hires by recruiter, etc. helps the management to understand the process and also to take critical decisions for improving the efficiency.
Social Media Integration
The number of people using social media has increased.  According to the recent Nielsen report, over 80% of all Americans use some mode of a social network. Social media as become an important aspect in the recruitment industry. With millions of people using social media recruiters started using social media as a tool for searching candidates. Make sure your ATS supports digital media resourcing channels including LinkedIn, Facebook, Twitter etc.

ROI
Investment on an expensive solution with features and modules which are not useful is not an ideal decision. Analyze the offerings from the Applicant tracking software with your talent acquisition, retentions and management requirements.  Make sure the solution you select meets the requirements of your company and deliver high ROI.

Company’s Mission and Vision
Your ATS should help you in achieving your company’s missions and visions. Applicant tracking software should allow you to plan and improve the workforce structure and actions by aligning the organizational charts and employee roles with the company’s mission and objectives.

Effective and Multiple Channels of Communication for Improving Process Efficiency
Your ATS should be capable of sending response to applicants, fixing interview with individual or multiple candidates through emails. Also the ATS should communicate effectively within the organization for internal routing, fixing interviews, and transferring job requisition from one to another recruiter. Your ATS should allow you to contact your clients and candidates through multiple communication channels. Make sure that your ATS allows you to send SMS, Emails, letters to large groups with few clicks.

1 comment:

  1. Great post creation for applicant tracking software....
    Recruitment Tool

    ReplyDelete