In reality, top recruiters rely on a solution that offers both CRM and ATS in one platform, as each focuses a specific function within the hiring process.īut what’s the difference between an ATS and CRM? And why should you use both in order to source, attract, and hire the best talent?Īn ATS is a type of recruiting software that facilitates and optimizes the hiring process. With so many offerings available in the market-HCRM, ATS, CRM-it can be difficult to wade through the alphabet soup to decide which solution will work best for your organization.Īpplicant Tracking Systems (ATS) and Candidate Relationship Management (CRM) systems are top choices for recruiters however, many believe that they don’t need CRM if they already have an ATS. Today’s market vendors offer talent acquisition suites and recruitment technology solutions to organizations at the enterprise, SMB, and startup level. The recruitment market is currently worth over $215 billion worldwide, and at a projected growth of 5.6 percent over the next few years, is estimated to be worth over $330 billion by 2025. One of the most effective ways to achieve this is through feature-rich recruiting software. Attracting passive candidates requires your company brand to stand out from others, your job offers to be highly competitive, and your recruiting practices to be fast-moving and engaging. Traditional sourcing channels are no longer yielding the quality candidates they used to, and truly exceptional talent is not actively seeking new work opportunities, though 82 percent admit they are open to them.Īs a result, recruiting is shifting from a reactive function into a proactive one, with a greater focus on candidates. Conversations about the rise of artificial intelligence and machine learning replacing human jobs are at the forefront of our social consciousness, and recruiting is becoming exponentially more difficult in this economy.
Today, 36 percent of the US workforce currently freelances, and reports project this figure will grow to over 50 percent within the next decade. Recruiting is changing on a fundamental level. Don’t lose great talent to the competition because of bad recruiting software-here’s why your hiring team needs a TA solution that makes no compromises.
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