An Applicant tracking software or ATS is software that is designed to make the task of recruiting easy and efficient. It has automated the recruiting and hiring process. Through Applicant tracking system, you can maintain a database of applicants and job requirements and at any time the information can be used by finding the right matches. Here, the data about every applicant is stored and then retrieved electronically, which saves a lot of time and cost.
An ATS (applicant tracking software) can perform many recruiting functions like resume scanning, letter generation to candidates, tracking and scheduling interviews, posting job openings on job board or website of a company. It also has features of applicant tracking; resume ranking, pre screening questions, multilingual capabilities. The data which is collected is from internal applications or through applications of job boards.
Also called candidate management system, ATS is a lot more than jus a software. These days, all big companies have implemented this software. Even small or medium sized companies have started implementing some kind of Applicant tracking system, after realizing its importance. There are some very low- cost applicant tracking systems available these days. Companies can have applicant tracking software customized to suit their needs and size.