One of the most significant -- and most difficult -- spaces of business is finding the best talent. The hiring process is really quite complex and has numerous aspects, from job postings to dealing with applications, scheduling interviews, and onboarding candidates. While everything is occurring at once, recruitment teams can have difficulty managing/tracking everything happening throughout the hiring process. This is where Recruitment Management Software (RMS) can be beneficial.
The evolution of RMS tools depends on the fast-paced world of business. Today, RMS solutions are not just "nice to have" but have now become the key to hiring effectively, efficiently, and successfully.
What Is Recruitment Management Software?
Recruitment Management Software is a technology that supports recruitment teams throughout the entire hiring process. By utilizing RMS software, recruiting teams can manage the entire recruitment and hiring process, allowing HR teams and recruiters to manage job postings, candidate applications, and screen applicants for interview selection and onboarding within one technology solution.
The majority of RMS platforms are housed in the cloud. They offer the following capabilities:
Posting jobs to multiple platforms.
Sourcing resumes and tracking job applicants.
Scheduling interviews.
Communicating with candidates.
Reporting and analytics.
Why Your Company Needs It
Recruiting can be daunting when juggling all of the spreadsheets, inboxes, and calendars.
1. Saves Time
Automated resume reviews, quick job postings, and centralized data provide less manual effort on your part and more time to spend with top candidates.
2. Improves the Candidate Experience
From a fast application process to consistent touchpoints with applicants, RMS helps mold the perception candidates have about your company.
3. Keeps Everything Organized
All candidate information, feedback, and correspondence are all in one source of truth; no more searching for candidate information across endless email threads and folders.
4. Increases Collaboration
Hiring normally has a large number of stakeholders. RMS allows a whole team to be able to review candidates and add comments and collaborate on their decision in one location, at one time.
Key Features
Not all recruitment software is created equal. Based on your organization and the volume of hiring, here are some features to look for: Applicant Tracking System (ATS)
Easily see passing candidates in real-time to each stage of the hiring pipeline.
Collaborate with Job Boards
Post on job sites like Indeed, LinkedIn, and Glassdoor without leaving Recruitment Management Software- just one click.
Resume Parsing
Resumes are parsed and key information pulled out with little effort, allowing comparison of candidates.
Interview fix
Analytics and Reporting
You can understand what is working - and what is not - by tracking time-to-hire, source of hire, and much more.
Who Benefits?
Startups hiring their first team and large enterprises processing hundreds of applications each month can take advantage of Recruitment Management Software that is designed to grow with them.
It's especially valuable for:
HR departments
Recruiters/recruitment agencies
Hiring managers
Startups, especially those scaling rapidly
Final Thoughts
Recruiting is no longer just finding people; it is about finding the right people, in a timely and efficient manner. Recruitment Management Software accomplishes this by adding structure, speed, and strategy to the recruitment processes that recruiters use.
If your recruitment process is slow, clunky, and outdated, you should seriously explore the investment in a good RMS, as it could save your team hours of time and allow them to make better hiring decisions. In the long run, it is not simply filling roles; it is trying to build teams of better people.
