Recruitment Software for Small Business

Recruitment Software for Small Business: How to Find the Right Solution

Small businesses have their own unique hiring needs. While looking to hire for specific skills or to hire in bulk, a recruitment software can ease a significant burden off the recruiter’s back while allowing them to focus on hiring the right candidates to drive your business forward.

Know Your Small Business Needs

Small businesses that are growth oriented need quick and effective decision making to keep them ahead in this very competitive economy. This includes hiring the right talent to drive the business forward. The merits of having the right set of people in the team cannot be overstated. However, this is easier said than done. In order to have an effective recruitment process in place, the first requirement is to understand your business needs.

Questions like how many employees you need , what skill sets should they have, when do you anticipate a ramp-up in your operations etc. will help you arrive at a ballpark number for the staff you need. Thereafter, a budget will need to be set and the hiring requirements may need to be revisited to ensure that you do not exceed your planned budget and timeline.

This is just the planning stage. The process in itself can be long and arduous with multiple layers of interactions and consulting sessions. Not to mention, the expenses related to finding, screening, interviewing applicants, and subscriptions to various job sites and other 3rd party tools. But does it have to be this complicated? What if we told you that there is a far better, faster, and more efficient way of running your recruitment process with proven results?

Finding the Right Software

Recruitment Software has completely revolutionized the way hiring happens today. By automating the bulk of the manual tasks involved in the overall process, not only can businesses save time and effort, they also save money in the long run. Most importantly, they are able to attract and hire the right talent and get them onboarded faster. It is no surprise then that the industry is flooded with various forms of recruitment software. So, how do you identify the one that is right for your business needs?

The answer to this question is heavily dependent on the nature of your business and the growth-stage it is presently in. However, while investing in technology, it is always prudent to be mindful of the future. While your current requirements may be limited to hiring people in bursts or infrequently, you must be mindful of future growth spurts, ramp up requirements, and the option of being able to integrate additional HR components with your recruitment software.

Helping You Hire Smarter

Smart hiring involves leveraging a gamut of tools and avenues to broaden your spread while looking for the right talent. This includes posting jobs on multiple online job sites, building your own career page which contains roles, job descriptions and gives a glimpse of what it would be like to work in your company. Furthermore, with the advent of Cloud and Artificial Intelligence, modern recruitment tools are now available and accessible from anywhere thus ensuring you do not miss out on the opportunity to hire the right candidate. 

Recruiting with Screening Tools

One of the critical activities involved in the recruitment process is resume screening. Gartner reported that as much as 25% of a recruiter’s time is consumed in this activity alone. This can further increase when you are hiring for specific expertise or while hiring for capacity. Adding more heads to your recruitment team can add to your operating costs and also create an unwanted bulge in your payroll. By investing in an online Applicant Tracking Software, instead, you can free up this significant chunk of time and allow the recruiters to focus on other relevant aspects of qualitative hiring.

Using Applicant Tracking Software to Find Great Employees

In fact an ATS can automate several manual and tedious activities associated with the different stages of the recruitment process. Not only can you use rule-based screening and resume parsing techniques to swiftly identify the right candidates, you can also use the integrated modules to automatically schedule jobs, take collective feedback, track the status, and significantly enhance the recruiter’s and the candidate’s experience. The ideal ATS also comes with in-built reporting and analytics capabilities that help you make both operations and strategic staff related decisions backed by precise and accurate data. It is no surprise then that over 90% of the Fortune 500 companies use an online application tracking system to ensure an efficient end-to-end management of their recruitment process.

Wrapping up

An ATS is a powerful tool that can revolutionize the way you recruit. When you use ATS from a reputed provider like Wisestep, not only can you get a quick ROI, you also get the ability to hire candidates from a huge talent pool across multiple channels. With deep rooted AI technology, you can set custom rules to lower your hiring costs while accelerating your business growth.  Wisestep’s Analytics driven insights help you take stock of your hiring pipeline which can be easily reconciled with your hiring requirements and future staffing requirements. Using Wisestep you can do away with all your bulky excel files or disparate legacy systems and have them all integrated into one cool tool that meets and exceeds all your recruitment expectations. Start a free trial today and see the difference for yourself.

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