Recruitment processes are getting automated globally regardless of where they are executed- in-house, staffing agency, placement and consultancy firm or any outsourced recruitment agency. The e-market is flooded with recruitment software and the technology is being upgraded at a very fast pace. The companies are left with no choice than to implement the software as they might otherwise lose on their competitors. Finding a good recruitment software is the need of the hour.
Around 80% of companies across the world hire staffing firms to get their employees on-board. Hiring through ATS or recruiting software helps the staffing firm to provide best-fit, talented and qualified candidates to the client company.
Here are the top reasons why staffing agencies should consider recruitment software as part of their process.
1. Acquiring Contracts, Nurturing and Tracking Clients made easy for Staffing Agencies
There is a lot of difference in the working of in-house ATS and recruitment software for staffing agencies. A recruitment software exclusively designed for recruiting firms has to deal with client acquisition, repeat business for the same client, contacts, and contracts as well along with resume sorting and formatting. The software has much to do in acquiring contracts, tracking and nurturing clients as well, just like what a CRM does for the company.
2. Streamlines Candidate Search Process
Unlike in an in-house organization, the main focus of the staffing agency is to offer seamless coordination for recruitment. Here, the HR aims to devise the right interviewing methods to evaluate which candidate fits best with the company’s culture. But things are entirely different for staffing firms. Their prime focus is to search for the best candidates which may turn into prospective employees of the company.
A recruitment software does exactly what is required, such as maintaining the candidate database, maintaining good relationships with candidates, quicker and more diverse search options that are delivered quickly to the clients. Ideal recruitment software helps to:
- Reach out more candidates through various sources
- Handle more volume of candidate data
- Shortlist great candidates and make perfect matches in just a blink of an eye
Most of the staffing agencies are small to midsize and it becomes an expensive affair to have a full-time recruiter(s) as the firm has to offer the employee salary along with all other benefits. A recruitment software needs an initial investment but the benefits are worth the expenditure and are instant and long-lasting. As most of the work gets automated, the firm can work on other areas such as building relationships with clients and candidates, pitching more customers, etc.
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4. Scrutinizing Work for the Staffing Agency
The applicant tracking system or the recruitment software automatically uploads the resumes received from various platforms such as websites, social media or job boards. After resume collection, everything starting from resume formatting to resume sifting is done by the software. It is capable of handling hundreds of resumes in just a second. The notifications are sent to the selected candidates automatically. The only work left for the staffing firms is to interview and finalize the candidates.
5. Work from Anywhere, Anytime
The modern-day recruiting software is cloud-based or what you call as SAAS based. As everything is online, the agency members can easily work from any remote location and all that is required is an internet and a mobile device. Now the staffing firms can also schedule a preliminary test online with the help of recruiting software and that will help save a lot of paper and hassles.
6. Tracking Passive Candidates
For running a successful staffing firm, the members of the staffing firm should know how and from where to get the candidates. The growth of the gig economy has posed several challenges for the staffing firms as most of the specialized professionals are becoming freelancers.
So, tracking the availability of the candidates is something very crucial for a quality result.
The staffing firm doesn’t need to take the pain of creating and maintaining a candidate pool, as the recruiting software does that free of cost.
7. Fulfilling the KRAs
The Key Responsibilities Areas or the KRAs are different for a staffing agency and an in-house organization. On one hand, if an in-house organization gauges the quality and speed of hire, there is a lot more to do in a staffing firm. The staffing agency owner has to gauge metrics such as growth over the previous year, margin per recruiter, client satisfaction, etc. Here the ATS or the recruiting software helps the owner to achieve their KRAs and track growth.
8. Formatting Resumes
Apart from parsing the resumes, the inbuilt resume formatter does wonders. Now all resumes can be aligned in one pre-defined template. The recruiting software comes with some pre-defined templates which can be customized as per the needs and requirements of the client company.
The resumes are automatically parsed, formatted and appended to the candidate database instantly. Formatting the resumes such as text, borders, font, borders, etc all are done within seconds.
9. Fully Secure and 100% Authentic
Staffing agencies hold sensitive data for both clients and candidates. Therefore, they need an ultra-strong software which not only secures their database and portal access but other transactional keys also.
10. No Infrastructure needed
Having a cloud-based recruiting software eliminates the need to purchase any additional server or infrastructure required by the firm. Most of the software in the market, follows a subscription model or pay-as-you-go model which means that you need to pay only for the services used.
Apart from that, the firms no longer have to take the pain of calling the professional and getting your software updated. All the upgradations or patch fixing are done automatically when the system is idle. This offers a seamless and uninterrupted environment for recruiting firms to help them stand above the crowd.
Hiring great people has nothing to do with the company size. In fact, you can pitch some great employees for the big companies, all that you need is the right direction, the right equipment, and the right recruiting software.
Recruiteze offers one single platform to address all your staffing needs including executive search, recruitment, placement, resume filtering, formatting, etc. All the processes are designed keeping in mind the agency side of things. Get in touch with us today and experience this magical difference for free. Limited Period Offer. Try now! Explore more at recruiteze.com.