Running your own SMB is certainly the culmination of all your professional goals. Being your own boss can be both a dream come true and a nightmare. With almost all of the crucial decisions on your shoulders, things can get quite overwhelming. One of the hardest tasks that will need your attention is acquiring talent for your company. Whatever the size of the business, having the right people in key positions will always be important to ensuring profit and success.
Why Use Recruiting Software
One of the most common misconceptions about recruiting software is that it’s a tool that only large businesses should take advantage of. However, with all the different features vendors provide, even SMB’s can reap a host of benefits from recruiting software.
Despite the added on costs, investing in a tool that makes your recruiting processes more efficient can be a sound business decision. Below are some of the benefits that you can get from using recruitment software for small business:
- Make Recruitment More Cost-Efficient – Acquiring talent for your company costs money. According to Investopedia, an online business resource, some of the costs that you would need to factor in include the ads, the salary of the recruiters doing the screening and the interviews, and the pre-employment screening requirements. All in all, this can balloon up to thousands of dollars spent on filling up even just one post.
With automated software, you don’t necessarily eliminate these costs. However, what recruiting software for companies does is ensure that you can keep better track of these costs. In addition, it also makes the processes involve more efficient by making all the necessary information easy to access. For example, you can lower the manpower cost by keeping a database of candidate profiles so fewer recruiters will be needed to do the screening.
- Eliminate Costly Recruitment Delays – Finding the right talent is tough. Having complicated recruitment and hiring processes doesn’t make the task any easier. Software designed for recruitment delivers features that can make these processes a lot more efficient. For example, an online recruiting tool can help simplify getting candidates as well as screening them for eligibility.
When you or your HR team is able to process the applicants more efficiently then you avoid delays that can cost your company money. If it takes you a while to find sales associates, then it means your business’ revenue will suffer from the lack of sales made because there was simply nobody to do it. You also eliminate delays that are caused by losing track of where in the recruitment process the applicant is.
Most of the top recruiting software available in the market can be linked to your company’s email management system. This means, you and your team can easily send recruitment progress updates.
- Lessens the Risk of Losing Candidates – One of the reasons companies often lose qualified candidates is the slow application process. There are some incidents when the applicant’s information gets lost, and by the time you get to them, they may have either lost interest or already found another job. Unfortunately, this is quite common when the recruitment process is done manually.
In addition, recruiting software features also include a function that lets you automatically match the candidates with the job posting based on their skills and experience. This ensures that you don’t miss out on qualified applicants due to an error in manual CV browsing and screening.
With such useful benefits, it’s easy to see why most recruitment professionals are using recruiting tools. You too can take advantage of more efficient processes to help find the right talent for your business.
How to Choose the Right Recruiting Software
To enjoy the benefits of an automated system, it would be best to compare recruiting software before making the final decision. However, with so many choices available in the market, this can become an overwhelming decision. Below are some useful tips to make picking out the best software solution to your recruitment needs.
- Evaluate your Recruitment Needs – Although choosing the software that has the most features may seem like the best choice, it isn’t always the most cost-efficient. The best way to avoid this trap is to first identify what your needs are. How often do you need to source for new hires? What pre-employment requirements do you need to keep track of? These are just some of factors that you would need to consider.
By evaluating what your company needs, you’ll know what features you can benefit from. This will let you pick out the software that offers the best solutions. For example, if you have a small team of recruiters or maybe even doing the recruitment by yourself, you’ll need a tool that can make the process faster and simpler. Recruiterbox, a recruitment solution provider offers a feature that automatically collects attached resumes.
Focusing on your specific needs ensures that you don’t overspend on software. You get one that delivers the solutions you need so it’s worth every single cent you spend on it. This is basically what turns it from an unnecessary cost to a worthwhile investment.
- Read Customer Reviews – After identifying the features you need, the next step is to find the providers that offer those features. You may find multiple tools that have the feature you need, so you’ll also need to make sure you pick the one that are effective as well as easy to use.
Recruiting software vendors usually have a product website where you can view their products. These sites often have pricing and features listed. While this is a great way to find out a wealth of information about the software, it can be pretty one-dimensional.
Websites provide the details that vendors want you to know about their software. Despite being informative, it is still a marketing strategy to convince you to purchase. Unfortunately, the information that you get from the site is limited. It gives you a description of the features, but you don’t know exactly how effective these are. This is where product reviews come in handy.
There are various ways for you to get reviews of recruitment software. Some vendors provide case studies that showcase how their product improved the processes of their previous customers. You can also visit third-party sites such as CrowdReviews.com that allow users to provide feedback and rate the software based on their experience using it.
- Take Advantage of Free Trials – While reading about the features on the website and the experiences of other users on reviews can be quite helpful, nothing beats actually using it. And with so much competition in the market, you can try out the basic features even before purchasing. As a marketing strategy, most vendors offer free trials of their software.
Free trials let you see how the features work with your current processes. For example, if you process applications online, then you may want to automate the process by linking your website to your email management system. By trying out software that has this feature, you can easily determine if it’s something that makes the process easier or more complicated.
Trials are also a great way for you to see if you and your staff find the interface easy to work with. Does it match the skill sets of your team? If it doesn’t, how much training time did your control group need to be able to learn the new system? These are things that you want to consider before deciding on which software to use.
- Reach Out to Vendors – Free trials are great, but often, they only have the most basic features available to test out. To see other features that may come in handy, you can get in touch with the sales reps of the software providers to find out more about how you can customize the software to fit your needs.
By contacting the customer service or sales representatives, you may also get a better understanding of the software’s pricing. Websites post the published prices but don’t often have the details that you need. Speaking with somebody regarding the prices will eliminate surprise charges that you may miss in the fine print.
Make sure that you have a prepared set of questions to ask so that you can get the information that you need without getting mislead. Some companies don’t proactively offer details such as other charges that may be involved. However, if you directly ask the representatives, they are required to answer your question directly.
Before picking out recruiting software, it would be best if you fully understand exactly what’s included in what you will be paying for.
When looking for which recruiting software to choose for your SMB, remember that it is crucial that you consider benefits over features. A product that has a multitude of features isn’t always the best option.
To help you get started, check the list of recruiting software reviews on CrowdReviews.com. The information you’ll find available there can help you in making the most cost-efficient choice for your business.
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