Talent acquisition software is a real time saver when it comes to hiring. It ensures that you find the right people for every position and onboard them with ease. That said, there are so many different programs to choose from. How do you know which one is best for your business?
You can start your search with consumer review sites. These are often third-party sale platforms you can browse as long as you like. However, even review sites can be confusing to navigate if you are not sure what you are looking for. To help you springboard your research, here are some of the more important features and trends you should be aware of when looking for a talent acquisition software comparison:
1. SaaS vs. SaaP?
Software as a service, or SaaS, is currently more popular than software as a product, or SaaP. This is mostly due to the large databases that service providers offer. This extra firepower allows for more automation and analytic capacities in conjunction with AI, which will be discussed later. SaaP is more labor intensive and will not update as easily. Once it is purchased, however, you do not have to pay any monthly fees.
2. Sourcing Capabilities
Most talent acquisition software integrates seamlessly popular job sites and social media platforms. That said, you will want to review all programs carefully to ensure that the one you choose succeeds at targeting your ideal candidate. Some software simply provides basic integration while others utilize research from hundreds of different employers and track the industries to which they belong.
Also, you may want to consider a software that offers abundant resources for attracting passive candidates. For example, when assessing a talent acquisition software, do you notice that it can utilize social media to advertise open positions across many different platforms? Does the software provide insightful strategies? How much of this planning is automated?
SaaS or cloud-based software also tends to be mobile friendly, which is becoming an expectation with applicants, new hires and high-end recruiters who tend to work around the clock. Mobile capabilities also help employees transition more smoothly into their positions since they can access all their onboarding materials from one portal.
3. Reviewing, Onboarding and Creating Access
When reviewing applications, you want to make sure you can quickly filter out those who simply lack the prerequisite skills and experience to fulfill the duties of the role (usually about half). Completing this task manually is incredibly time-consuming. Fortunately, the best talent acquisition software can streamline the process from the start by zeroing in on a specific list of skills and qualifications.
Even after you find the perfect candidates for your jobs, you must onboard them. Take background checks, for example. With most talent acquisition software, this process is also effortless. The best software can search I-9s easily and comb through criminal databases quickly.
Finally, the best talent acquisition software can ensure a new hire’s information is transferred to the system. This information typically includes benefit selection, payroll verification and training materials.
In sum, you will want to find a program that offers several features for easier onboarding and candidate review.
4. Analytics and AI
Most excellent talent acquisition software comes equipped with top-notch analytics. These analytics can review applicant feedback from surveys and parse information from applications to see how effective certain job boards are at attracting suitable candidates.
Some software developers have even begun to implement AI to bridge the gap between recruiter input and desired outcome. To do this, AI checks recruiters’ language in job postings and other hiring communications against real-world results. This will help hiring managers know if they should adjust their job descriptions to yield better results.
Find the Talent Acquisition Software
Talent acquisition software is a good move for most companies. That said, programs will vary in scope and offerings. Before you invest your money, invest some time in comparing features carefully to find the right program for your business.