Top 5 Incredible Applicant Tracking System Software

by Lokendra Sinh - Feb 22, 2021
Applicant Tracking System

Everyone needs automation in their industry and businesses to avoid manual bias and errors. The Applicant Tracking System Software is such a tool that is gaining massive popularity across government sectors and enterprises due to the need for automation of recruitment activities.

Quick Fact
According to one of the most popular market research and reporting website i.e (marketsandmarkets) – it’s been reported that Applicant Tracking System (ATS) market size is expected to grow from $1.08 Billion to $1.81 Billion by 2023 at a CAGR of 8.3%.

Other Applicant Tracking Software you should also be aware of the Best AI Software Companies Revolutionizing Recruitment.

So what is ATS & why do you need it?

ATS stands for Applicant Tracking System Software. It is a centralized tool where human resources teams can collaborate, manage candidate sourcing, evaluation, and hiring process. Companies can track each part of the hiring process right from start to finish.

Due to the ever-increasing number of job applicants, Human resource (HR) professionals in today’s businesses need to cover a lot of ground and also make sure to hire only the right candidates. There are a number of sources for hiring candidates such as professional recruiters, an increasing number of job websites, and social media platforms like Glassdoor, Linkedin, etc.

Having a wide range of sources, mining for the best ones seems difficult and overwhelming at the same time. Handling and managing data from all these sources can seriously attract inconsistency and non-efficient hiring. That’s where ATS comes into the picture. ATS helps you narrow down your search results while keeping all the relevant information in hand and help you to identify the best talent for the organization.

What to look for in an ATS and how to choose the best one?

Choosing the right ATS tool is as important as the right candidate. After all, you put in a lot of hard work, and time yet all can go to waste if your Applicant Tracking System Software is too burdensome for candidates and your recruiting team. So to help you make a good decision – here are some of the critical points you should always consider before making the buy;

  • An ATS system should be user-friendly and can be used easily with minimum training. This will save time and cost, and allow teams to get the most out of the system.
  • Before purchasing, ensure that you are acquiring an ATS that fits best for your company profile.
  • One of the major reasons why candidates leave the site is because of the poor interface, lengthy and frustrating process, and slow performance. An ATS with such features should always be avoided.
  • Ensure that the interface is easy to use and explore the capabilities of their social networking and job postings.
  • An ATS should consist of excellent search and matching features. Look out for what search engine they’re using and do they have actual searches on the live system feature.?

Buying new Applicant Tracking System Software is really hard and hectic process and it’s especially true when you’re moving to a new solution from the old one. We have put a lot of hard work and time in researching the best ATS tools and based on that we have drafted the list of the top 5 best ones for every business.

iCIMS

iCIMS is an industry-leading recruitment software platform that helps to speed up the recruitment process with the right candidates and retaining them longer with the right onboarding solutions. iCIMS is the perfect platform to make the hiring process effective as it empowers organizations to hire advance and right talents that build a diverse winning workforce.

With transformations for a community of over 4000 customers, iCIMS is playing a huge role and acting as the biggest factor in speeding up companies' development. Including a third of fortune 100 companies, the spread of iCIMS is even higher and it is recognized as the best ATS platform employing 30 Million people worldwide.

Features

  • Product Technology
  • Talent Acquisition analytics and reporting
  • Vendor management system portal
  • Onboarding
  • Talent testing and assessment
  • Job Positions and wage profiles
  • Screening and selection
  • Candidate relationship management
  • Career Portal
  • Resume screening
  • Organizational structures and modelling
  • Requisitions

Funding: $92.6 Million

Top Clients: RPM Pizza, Northstar, Southeastern Grocers

Revenue: $280 Million

Major Investor: Vista Equity Partners, Susquehanna Growth Equity

Funding Round: Private Equity Round

Pricing: Standard Plan Starts fro $299 per month

Bullhorn

Bullhorn is primarily a cloud-based recruitment software and well known for recruiting and staffing processes. Being mobile-friendly Bullhorn ATS allows capturing data and customer insights with powerful most up-to-date information at the user’s fingertips.

Bullhorn has won customer satisfaction with their powerful cloud-based solutions and now they serve more than 350,000 users and 10,000 clients. Bullhorn ATS software is used by some of the world’s most prominent business enterprises to help them scale and automate their recruitment process.

Features

  • Candidate Management & Sourcing
  • Contact and Company Management
  • Job Management and Publishing
  • Email integration, Tracking, and Mass Mailing
  • Pipeline Management
  • Lead and Opportunity Tracking
  • SMS Texting
  • Resume Parsing
  • Career Portal
  • API Access
  • Linkedin Integration
  • Custom Fields and Workflows
  • API Access

Funding: $32.1 Million

Top Clients: Manpower, Randstad, Freshminds

Revenue: $210 Million

Major Investor: Stone Point Capital, Highland Capital Partners

Funding Round: Private Equity Round

Pricing: Starts from $99 per user per month

Greenhouse

The greenhouse is a complete package of software and services – helping businesses around the globe to make their hiring process faster and effective than ever. The greenhouse is committed to the relentless pursuit of better hiring and it has helped more than 4000 companies on their journey to become great at hiring.

A greenhouse gives you the ultimate support and guidance throughout the hiring journey by providing the right technology and support. The greenhouse is best for mid-sized and enterprise companies to lift up their hiring and recruitment process.

Features

  • Candidate Tracking
  • Interview Scheduling
  • Onboarding
  • Resume Parsing
  • Background Screening
  • Job Posting
  • Internal HR and task management
  • Workflow Management
  • Reference Checking
  • Self-service Portal
  • Assessments
  • CRM
  • Interview Management
  • Interaction Tracking

Funding: $110.1 Million

Top Clients: Airbnb, BuzzFeed, Casper

Revenue: $64 Million

Major Investor: Riverwood Capital, Thrive Capital

Funding Round: Series D

Pricing: Free demo

Pricing starts with the Essential version on a per-employee basis

Workable

Workable was founded in 2012 and it is one of the biggest hiring platforms. Workable provides hiring teams and in-house recruiters to help them work together to identify and spot the best talents for the company.

Since 2012, workable has helped more than 20,000 companies to hire more than 1 Million candidates. Workable’s AI-Powered tools and automated features simplify decision-making and streamline the hiring process.

Features

  • Ai-Powered candidate recommendations
  • Automated Targeted outreach
  • Candidate-friendly application
  • World-class security
  • Onboarding and Implementation
  • Native one-way video interviews
  • Convenient Interview scheduling
  • Offer letters and approval workflows
  • Localized candidate experiences
  • Centralized hiring dashboard
  • Advanced reporting and analytics
  • Top-rated mobile app

Funding: $84.2 Million

Top Clients: Founder, HireVue, Lyst, Moodle

Revenue: $57 Million

Major Investor: Balderton Capital, Zouk Capital, OpenFund

Funding Round: Series C

Pricing: You can request for a free demo

Alternatively Workable offers 15 days free trial

Workable Pricing starts at $99 per month

SmartRecruiters

SmartRecruiters was founded in 2010 and it is an end-to-end recruiting platform to identify, engage, and hire the best talents. It is built on a modern cloud platform with full functionality for recruitment marketing and collaborative hiring. Moreover, it’s an open marketplace for third-party recruitment services.

SmartRecruiter’s comprehensive marketing and recruitment tools help you to experience robust application tracking with collaboration tools for attracting and hiring the right fit for your organization.

Features

  • The full applicant tracking system
  • Configuration for multiple brands and hiring process.
  • 350+ pre-integrated recruitment solutions in the marketplace
  • Smart CRM
  • Sourcing analytics and reporting dashboards
  • 200+ Job boards for global distribution needs
  • Compliant with GDPR and privacy regulations
  • Smart Assistant
  • Smart global and onboarding management

Funding: $115 Million

Top Clients: Gameloft, Linkedin, VISA

Revenue: $38 Million

Major Investor: Insight Partners, Counterview Capital

Funding Round: Series D

Pricing: Provides a free trial

Core product starts from $10,000 annually

Conclusion

Implementing one of the best Applicant Tracking Software can definitely bring innumerable advantages to the business. It will allow recruiters to supercharge their efforts and also enjoy the overall process. ATS is getting even better with the introduction of new tools such as CRM Software, better analytics, etc.

That’s said, it’s complicated to figure out the best one out of the other 100 vendors out there. Take time to analyze and study the company’s goals you’re trying to accomplish with a new ATS, and then explore the free demo of the ATS before finalizing it.


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