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Applicant Tracking Software is a type of software used by businesses to streamline and automate the recruitment process. It helps businesses manage job postings, track applicants, schedule interviews, and communicate with candidates throughout the hiring process. This software plays a crucial role in improving the efficiency of HR departments and ensuring a smooth recruitment experience for both the company and the candidates.
Some of the main features of Applicant Tracking Software include job posting management, resume parsing, candidate tracking, interview scheduling, communication tools, reporting and analytics, and integration with other HR software systems.
Applicant Tracking Software can help businesses with various key recruitment processes such as creating and posting job listings, managing applications, tracking candidate progress, collaborating with hiring teams, scheduling interviews, conducting assessments, and making data-driven hiring decisions.
1. Assess your companys recruitment needs and challenges 2. Research and shortlist Applicant Tracking Software vendors based on your requirements 3. Request demos and trials from the selected vendors 4. Evaluate the software based on features, ease of use, scalability, and pricing 5. Check for integration capabilities with your existing HR systems 6. Consider the vendors reputation, customer support, and training options 7. Negotiate the contract terms and pricing 8. Implement the software with proper training and onboarding for your team
When buying Applicant Tracking Software, consider factors such as the size of your company, the volume of hiring, scalability of the software, user-friendliness, customization options, mobile accessibility, data security, compliance with regulations, and ongoing support from the vendor.
Some of the most popular Applicant Tracking Software vendors in the market include: 1. Greenhouse 2. Lever 3. iCIMS 4. Workday 5. JazzHR The market share of these vendors may vary based on the company size, industry, and specific requirements.
Some of the trends shaping the future of Applicant Tracking Software include the integration of AI and machine learning for candidate matching, the focus on candidate experience, mobile recruiting capabilities, video interviewing tools, and enhanced analytics for data-driven hiring decisions.
1. How does your software streamline the job posting process? 2. Can the software parse and analyze resumes automatically? 3. How does the software track and manage candidate applications? 4. Does the software offer collaborative features for the hiring team? 5. What kind of reporting and analytics tools are available? 6. Is the software customizable to our companys recruitment needs? 7. How does the software ensure data security and compliance? 8. Does the software integrate with other HR systems? 9. What kind of customer support and training do you provide? 10. What are the pricing options and scalability of the software?
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HRIS comes with different prices, which are usually determined by either number of employees or the number of users. Either way, HR Tools pricing ranges from $5–$15 and $16–$25 per employee per month; for most providers, these prices are also set based on the robustness of the chosen package feature-wise, and they may not include fees for setup or training.
However, HR software that are priced based on the number of users may have slightly higher prices because, unlike ones with per employee prices, they do not require an organization to pay for every employee but, instead, employees that are actively using the tools. For example, Conrep is priced at around $30 per user per month, while HRnest costs around $20 per employee per month. Another instance is HRnest, which costs $1 per employee, provided its paid in bulk for 35 employees each, and 2 feature plugins, which cost $40 and $60 respectively, must be paid for alongside.
In addition, HRIS pricings are adjusted by most vendors, depending on the business size.