Companies lose around 89% of potential candidates due to long screening processes. On the other hand, SHRM says, employers who excel in recruiting experience 3.5 times more revenue growth and twice the profit margin of other employers. And the message becomes crystal clear. Making the recruitment process faster and better is essential. And that’s why recruitment management software makes perfect sense!
So, let’s get to know more about Recruitment Management Software.
What Is A Recruitment Management Software?
Recruitment is a series of hectic activities that ultimately lead to hiring a candidate. A Recruitment Software aims to automate the recruitment process and make it more efficient by removing redundant tasks and cutting the time required for every activity.
Furthermore, it shows analytical reports for studying the various aspects of recruitment so that the process can be further refined.
Moreover, it automates pre-boarding and engagement with the candidates making the process less mundane.
What Is the Recruitment Process, And How Can Automatization Make It Better?
Let’s walk through the six significant steps of the recruitment process:
1. Preparation
Preparation is the foundation of the whole process.
The software helps you do this better by enabling the manager to raise the request for hiring with the skills, salary, location, and experience mentioned. This request goes to the concerned person following the workflow, where it is further rejected or accepted.
Next, utilize HROne’s JD master to use JD templates and quicken the process!
Also, it shows you whether it is a replacement or a new position!
Finally, delegate a suitable recruiter or a consultant according to the workload shown in the software. A few clicks are what the whole process takes.
2. Sourcing
The sourcing step involves spreading the word via posting job requirements over various platforms, referrals, etc. While next is to add and parse the data like resume and other criteria. And also, rummaging through existing pools of candidates.
It is a lot of mayhem. But Recruitment management software can sort it all out!
It can help you post the job on every platform right through your HR software. What’s more, it will integrate all the data from all those locations for you. Be it your career portal, social platforms, referrals, internal posting, etc.!
3. Screening
It is essential to move the candidates fast within the pipeline.
And automatization helps you achieve that by helping you filter the candidates based on ratings, source, and source category.
This quickly shows you the right set of candidates. Review the profiles and accept or reject the profiles right away!
Why keep anybody waiting?
You can also change the stage to screening, interview, hiring, etc. so that candidates move faster through the pipeline and stay well-informed!
Lastly, you can also set a TAT for each candidate’s recruitment stage so that the process is more delay-proof.
4. Selecting
This step is the soul of the whole recruitment process.
Recruiters gauge candidates on a variety of parameters. It is already hectic evaluating all the candidates. Why waste time on redundant tasks?
Switching to software can help you schedule interviews while mentioning the interviewer’s name, time, date, room, etc., leaving no space for miscommunication.
Once you are done scheduling, the software automatically shoots emails to the interviewer and interviewee!
Moreover, key in all the feedback in the software itself! And if the situation calls for a panel interview, accomplish that too with HROne’s super effective HCM Suite!
5. Hiring
Now, you have narrowed it down to the candidate of your dreams! So, now is the time for issuing an offer letter, getting on the same page with contact details, and the most coveted step, take the decision!
But this is no way near easy.
Through recruitment management software to the rescue again!
You can auto calculate CTC as the recruitment module is integrated with the payroll module. See how the desired CTC bifurcates into DA, Basic, and more.
After this, auto-generate the offer letter, send it for approval, and once approved, auto send it to the candidate for acceptance or rejection!
6. Pre-Boarding
360 learning says 65% of employers reported hires not showing up on the first day!
You cannot wait to engage until the day one!
Therefore, HROne allows you to chat with a 1-1 messaging feature. Furthermore, the mundane documentation is automated by sharing a link via the software.
Lastly, flaunt your culture and make them your fans before they even set foot in the company.
How Can HROne Recruitment Software Help?
- Improves recruiter productivity by automating most tasks.
- Ability to view applicants from all sources- job portals, social posts, consultants, etc., in one place.
- Simplifies candidate data management by parsing data from all channels and using smart filters.
- Keep track of the candidate’s journey by marking the stage- Screening, Hired, etc.
- Stay connected with candidates with automated emails and 1-1 messaging features. Never miss a detail about interviews and engage via pre-boarding!
Find it helpful? Book a free demo today!
0 Comments