How do you choose the best ATS for your company?

Welcome to the recruitment edition of Pitch N Hire's newsletter. This issue will discuss the recruitment revolution: Application Tracking System (ATS) and how to choose the best one for your organization. We have so much to unpack today.

In the era of data analytics and the introduction of AI and ML, even the job market is going through massive changes. More and more companies are opting for smart hiring and choosing ATS.?

A survey suggests 86% of recruiters who use an ATS said it fast-tracked their hiring process. With this staggering percentage, the ATS market size is estimated to be $2.84 billion in 2024. As a recruitment manager or HR professional, if you want to learn and adopt an ATS, let's start with its features.

Features of the best ATS

When selecting an ATS, you must look for the following features because it is a considerable investment:

• Resume parsing
• Automated job postings
• Integration with third-party apps like Zoom, Teams, Calendly
• An efficient approach to creating a candidate pipeline
• AI-powered assistance to automate candidate communication and sending emails

6 Things to consider when selecting the top ATS for your business

Today's ATS market is cluttered with choices; thus, when making a selection, you must keep certain things in mind:

Keep your objective for purchasing the ATS clear

Whether you are associated with a midsize business or a multinational company, prioritize your business requirements. With numerous ATS options available on the market, focus on your need to select the one that aligns with your brand goal.

Think about who will use ATS

Though there are multiple ATSs on the market, not all ATSs provide an all-around feature like Pitch N Hire . So, you should consider who will be using the ATS. For example, HR personnel's features and tools will differ for hiring managers.

It should provide a top-notch candidate search mechanism

This is the prime reason why ATS was introduced in the first place. A robust search function will allow you to create the best candidate pool for your hiring process.

How it integrates

Another important feature of any application software is its integration with your existing software and IT infrastructure. Remember, if it has all the best features but fails to gel with your system, it will be useless for your hiring model.

Go for regularly updated and high-rated software

You should review and ask the vendor if they provide regular security and new feature upgrades. This feature is often overlooked, and if the software doesn't come with regular updates, you may lose an edge over your competitors.

Cost of ATS?

As powerful as this hiring tool is, implanting it in your business can give you real headaches, and it is because, unlike Pitch N Hire, most of the ATS vendors don't reveal their price slab easily. Rather, these companies hide their prince behind add-ons and stipulations.

How much should you pay for implementing an ATS in your hiring lifecycle?

A good ATS can cost anywhere from $250 per month to $8 per employee. If you are tired of skimming through dozens of web pages to pursue the best ATS in your budget, here is your cheat sheet.

1. Pay per recruiter: If you have a small company with a small recruiting team, you can go for pay-per-recruiter, which can cost you between $75 and $100.

2. Pay per employee: This model can range between $4 and $8 per employee, and it is based on the employed head count. The cost of your business will increase with the hiring of more employees.

3. Pay-per-job: This model offers two payment options: per-role or per-candidate. Pay per role is a one-time upfront payment for unlimited candidates, and it can cost you $200 to $500 per open position, whereas pay per candidate costs you $0.02 to $0.05 per candidate for one open position. This is the best model if you're doing a lot of hiring.

4. Flat-free: This is a straightforward method. Under this method, you must pay a subscription or one-time license fee. Though this model sounds cost-efficient, it lacks personalized features.

So, use these price models as your guideline to choose the best ATS. Did you know deploying an ATS can reduce the hiring time by 57% ? This makes adopting an ATS a new norm in the job market.

With many ATS options on the market, let's explore why Pitch N Hires's ATS should be your first choice.

Why you should choose Pitch N Hire

If you are looking for an ATS bundled with all the best features of the industry, then Pitch N Hire's ATS is what you are looking for.

It comes with the cutting-edge technology of AI and ML, significantly reducing the manual and laborious paperwork required to hire a new candidate.?

But this ATS is much more than just a normal AI-loaded ATS. It is user-friendly software that makes the entire hiring process simple and easy so that HR personnel can speed up the process without compromising on the quality of candidates. Let's look at some of its features.

1. Visualized pipeline

Like its 96% satisfied users, gain a clear and concise view of your recruitment journey using Pitch N Hire's advanced visualized pipeline. It provides you with stats, charts, filters, and visual elements backed by real-time candidate data to make your decision-making easy.

2. Applicant pool management

While other software struggles with managing a large pool of applicants, Pitch N Hire provides a centralized database and tools like mass email and message options to engage a large pool of applicants.

3. Resume praising

Screening a pile of resumes can cost your hiring department a large chunk of the recruitment cycle. More than 66% of job seekers said they'd wait less than two weeks to hear back from an employer before considering it a lost cause and moving on to other opportunities. But Pitch N Hires' #1 ATS can shorten this period to 1 day with its AI-loaded resume praising mechanism.

4. Automate manual tasks

We all know traditional hiring methods and even some well-established ATS can foster time-consuming manual tasks. Pitch N Hire reduces the hiring cycle and makes your hiring journey seamless. And it is done by automating processes, from job postings to effective interview scheduling.

Thanks for being part of this ATS edition. We hope you gained valuable insights into ATS and identified the ATS to choose for your brand. Join us in the next issue as we continue to explore new HR solutions and job market trends.