Big or small businesses are starting to see the value of HR technologies. A survey showed that 53 per cent of people intend to invest in HR applications and recruitment staff for businesses with more than 1000 employees this year. The percentage increases to 60 per cent for businesses with less than 100 workers. So how do businesses of all shapes and sizes pay in tech recruitment?
Recruiting software lightens the burden on the management and HR staff. Instead of stacks of documents, countless spreadsheets, and overflowing inboxes, the correct software can take all aspects of the workflow and put them in one simple format.
Recruiting tools will minimize recruiting time by as much as 20%, but considering the technologies available, 54 per cent of organizations still use a manual, spreadsheet-based recruitment process. It is easy to see that businesses can be hesitant to make a transition because the method has performed well for a number of years. Yet there’s a wide difference between good enough and the best.
It is tough for start-up firms to have full trust in their service providers, so you always want to prove your credibility and hire the best candidates for them. But, by lowering the expense of recruiting tools, you might be hoping that you will live that little longer in the short term.
However, according to Sonovate, the year 2017 is supposed to be the “goldmine for recruiting agencies” and the perfect time to start your firm. With the UK Work Boards seeing a 31 per cent rise in applicants, 2017 is the time to spend with confidence. By coming to grips with the right recruiting tools early on, you will deliver a more seamless experience to both your employers and your applicants.
Here are some of the reasons why small businesses should invest in CRM or ATS.
- It is efficient
- Central and well-organized Database
- It automates the manual processes
- It’s highly customizable
- Collaborative and Result Driven
- It can enhance the candidate experience
- Manages the short-term and long term risks
Investment in effective Recruitment CRM software allows you to dedicate your resources to managing your company, supporting your clients and applicants, and decreases the time expended on administration and dual data analysis to various sources.
Through evaluating and analyzing the success of your agency, not only do you track individual contractors and service quality, but you can also make recommendations and strategic choices based on your actual experience. This can encourage your start-up business to respond rapidly to a shift in the market or to take advantage of new opportunities within your field.
Creating a good recruiting experience is never easy, but working with an Applicant Tracking System that scales up the company is a critical investment that should be made sooner rather than later.
