Looking for the Best Recruitment Agency Software?
The most competitive firms today use the top recruitment software on the market to drive productivity and profitability. The best recruiment agency software available is built on the pillars of speed, security, and reliability. The solid foundation provided by a fast, secure, and reliable system enables the expansion of functionality that can further separate firms from the competition. Conversely, software that lacks a solid foundation will require costly maintenance, monitoring, and updating to make up for its deficient infrastructure.
Finding the best recruitment agency software for your firm can be challenging. However, quality solutions have characteristics that help you identify inadequate systems. For instance, when considering reliability, any non-cloud solution inherently will result in more downtime, and is therefore less reliable. True cloud-based systems experience 25 times less downtime than hosted or on-premise solutions. Also characteristic of cloud-based systems is a lower cost over time. True cloud solutions are Internet-based, which means that all users are constantly equipped with the most up-to-date version of the software. The same is not the case for on-premise solutions, which require costly software upgrades. Over a seven-year time period, a true cloud solution will cost 46% less than an on-premise solution.
Speed is a critical factor as well when evaluating recruitment agency software. 57% of candidates who are successfully placed are submitted by recruiters within the first 24 hours of receiving a job order, according to the Ultimate Revenue Roadmap. Effective recruiting technology should help your team respond to clients and candidates before your competitors. And the more business you win, the faster your company will grow.
Finally, the best recruitment agency software should be secure, especially in light of today’s focus on confidentiality and the increasing threat of cyber-attacks. In addition to transactional log backups performed every 30 minutes, full and differential data backups occur on a weekly and nightly basis to ensure your data is safe and secure. Security certifications are another way to ensure the protection of your data. Ask the vendor if they are compliant with government standards for the protection of personal information such as SSAE 16 and EU Safe Harbor.
Despite the high stakes associated with choosing the right, and conversely the wrong, recruitment agency software, many companies still rely on inadequate or subpar systems that are not only wasting resources but also costing money. Do your research and be direct when talking to vendors about your business challenges. If you’re interested in purchasing an applicant tracking system, then check out Bullhorn’s ATS Buyer’s Guide for a sample list of important vendor questions.