Applicant Tracking System | Meaning and Definition

What is Applicant Tracking System?

Recruiters and businesses use the applicant tracking system (ATS) to follow applicants throughout the recruiting and selection process. ATS software can include everything from basic database capability to a whole suite of tools that make it simple for every type of organization to screen, manage, and evaluate applicants.

Every company is different, yet they all rely on attracting, acquiring, and maximizing top people. Many firms experience significant difficulties throughout the hiring or onboarding process. An applicant tracking system is a great solution since it can assist a business in locating, hiring, and retaining the top individuals by providing a number of features.

ATS has multiple advantages. Applicants go slowly through the hiring process due to a dependence on costly manual procedures, poor teamwork within the recruitment team, and misunderstanding with key hiring stakeholders. As a result, the cost-to-hire and time-to-hire ratios are high. An applicant tracking system allows you to automate tedious operations, provide the whole recruitment team more insight into the application process, and enhance communication throughout the candidate journey. 

Many businesses in the market lack the reach necessary to engage with top job searchers or cast a broad enough net in the marketplace. Others in the sector may be lacking vital information on the best channels to use to discover certain applicants, or they may lack brand recognition and the resources to build it. These essential candidate issues may be addressed with the use of an applicant tracking system. With AI and machine learning processes, it can be used to construct a profile of an ideal applicant, analyze and identify talents, and anticipate success factors in order to maximize each hire.