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Software as a Service really took off in the last few years. Less and less companies are relying on on-premise software for their day-to-day needs, especially after the Covid-19 pandemic that shifted our culture towards remote work solutions. Recruitment is no different.
Hiring is an essential business function. No company can succeed without it. However, it’s certainly no easy task. Many modern companies must screen a high volume of candidates to fill open roles. As such, many businesses facilitate their hiring process via the best recruitment software available.
Recruitment SaaS enables hiring teams to keep pace with today’s labor market. In particular, these recruitment tools have allowed employers to automate many of the clerical tasks that bottleneck the entire process, creating a more efficient hiring system. This includes automating an interview schedule that, according to Yello, takes individual recruiters 30 minutes to 2 hours per candidate. SaaS cuts this task that used to take upwards of 20 recruiter hours for 10 candidates to something that can be achieved overnight.
For example, Qualifi is an example of powerful recruitment SaaS tool that allows recruiters to eliminate screening interview scheduling entirely. Rather than a recruiter spending hours upon hours to schedule or interview individual candidates, Qualifi empowers them to record a single interview that candidates can approach on their time. What’s more, these interviews can be delivered to hundreds of candidates at a time, allowing recruiters to interview candidates 24/7. And this is only one way the shift to SaaS in hiring has revolutionized the recruitment industry.
Recruitment tools as a whole improve the quality of hire and reduce time-to-hire, standing head and shoulders over the traditional hiring tools that came before it. So, don’t hesitate to update your tech stack today, because your competition is not.
With the explosion of SaaS tools available to recruiters in recent years, there are numerous recruitment platforms to choose from today. That means it’s simply a matter of finding the tools that fit your company. Yes, it has never been easier for recruiters to find what they need to compete in the candidate-driven market. You just need to know what to look for.
Today’s candidates expect fast response times, and delivering on that expectation allows employers to make a good first impression for their potential new employees. Slower hiring times lead to a loss of talent before the recruitment process even begins. Recruiting software platforms, thankfully, make creating a fast time-to-hire as easy as a few clicks of a button.
What’s more, speed enables you to reach the best talent before your competitors do. The best talent, according to Yello, only remains on the market for 10 days before they accept an offer, and that is your window of opportunity. A fast hiring process ensures that it’s not wasted and helps employers compete during stressful talent shortages.
Then there’s the matter of the candidate experience. As we mentioned before, today’s labor market is more candidate-driven than ever. Recruiters that fail to consider this will consistently find candidates declining a job offer. A poor experience during hiring translates to a poor impression of you as an employer.
As such, finding the right recruitment software platform is more than just an advantage. It’s a necessity. The right software will help you attract the right talent in the least amount of time. Whether you’re hiring internally or externally, your hiring process will only benefit from tools that streamline your workflow to attract, assess and hire talent.
The labor market is evolving constantly and modern hiring teams are feeling that pressure. Recruiters are hard-pressed to keep pace. The traditional methods that have served the industry for decades are burning out recruiters and creating suboptimal hiring strategies. Thankfully, HR recruitment software constantly evolves with the market to save recruiters time and strain.
Recruitment management software helps employers track candidates as they move through the hiring process and automates much of the clerical work that traditionally entails. As such, it saves valuable effort that should be put forward to the essential tasks, such as screening new candidates and making the right hiring decisions. This saves your hiring process from being bogged down.
HR recruitment software comes in many forms. This includes ATSs, or applicant tracking systems. These platforms enable employers to track candidates and utilize keywords to help recruiters sort and rank applicants with little to no effort on their part. As such, the best candidates quickly rise to the top of the pipeline and allow recruiters to address them first.
Similarly, candidate relationship management, or CRM, is a relatively new recruitment management software that helps recruiters engage and create authentic relationships with their candidates. This brings us back to the concept of candidate experience. Many enterprises are already using this software to source top talent ahead of recruitment efforts to drastically cut down on their hiring time. And with the high demand of candidate experience in the modern talent market, CRMs have become a vital tool in staying competitive and catering toward candidate expectations.
According to Yello, the interview process takes up the bulk of the entire hiring process, nearly three quarters of it. So, it is no surprise that interview as a service has become a significant asset to recruiters. Any tool that allows hiring teams to shorten the interview process without sacrificing quality hires has the potential to revolutionize how you review candidates.
Tools like Qualifi offer on-demand phone interviews, a relatively new go-to tool for recruiters looking to improve their time-to-hire and candidate experience while reducing costs. In short, on-demand interviews are an asynchronous tool where both parties, candidate and recruiter, record their part of the interview separately. The recruiter records the relevant questions for a screening interview. This is then delivered to potentially hundreds of candidates at the push of a button, and those candidates in turn record their answers at a time of their convenience.
This interview as a service approach frees recruiters and candidates alike of the typical 9 to 5 interview schedule. In fact, Qualifi has found that this brings in 75.5% more responses than live interviews. That means no more candidates ghosting on your interview process and wasting that cumbersome interview scheduling process on a no-show. What’s more, interview platforms can give candidates updates and remind them to record their interviews.
On top of this flexibility, interview as a service speeds up the screening process as a whole. Whereas recruiters would spend at least 30 minutes to 1 hour screening a single candidate, audio interviews can be screened in as little as 5 minutes.
