The True Cost of Using an Applicant Tracking System – Hiring ROI Calculator
Are you losing time and money managing the recruitment and hiring of employees manually?
With the current state of affairs around the world, one would be hard-pressed to find any business that does not have a directive and budget governed by thinning out operations, meticulous efficiency and overall cost reduction. Understandably, financial shrewdness has become an ongoing directive. So, while the proverbial belts are tightening, rainy day savings being called upon and pennies getting pinched hiring and recruiting continue to happen.
Choosing an applicant tracking system (ATS) is an exciting task for recruiters but is also a complex project. There’s a need to balance business expectations. Wish-lists that users have, IT department criteria to meet, and an ongoing challenge to try to please everyone with your final purchase—and that’s just a small sample of some of the implementation pains we’ve witnessed first-hand at SwipeClock. So to ease the burden, we’ve compiled this top 10 list of questions to consider when seeking a new ATS.
Applicant Tracking System (ATS) is a software program designed to automate, simplify and tighten the entire recruiting process. The numerous benefits that come from using an ATS are best demonstrated by its ability to improve the three most important hiring metrics: time-to-hire, cost-per-hire and quality-of-hire.
Are you interested in seeing what kind of savings you and your business might see after implementing an ATS like ApplicantStack. Punch your numbers into the Hiring ROI calculator below and find out.
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