Applicant Tracking System FactSheet

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Businesses recognize that their most valuable resource is the people. With the demand for skilled talent continuously growing, it’s a competitive necessity to have the best processes in place to attract, hire, and train the best workers. You also need to have the right system in place to keep track of your recruiting processes and your people. A good applicant tracking system (ATS) will automate, evolve and streamline your recruitment and hiring processes, increasing efficiency and contributing to organization-wide productivity.

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Applicant Tracking System FactSheet

  1. 1. Smart Track’s ATS Functionality © 2013 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912 Businesses recognize that their most valuable resource is the people. With the demand for skilled talent continuously growing, it’s a competitive necessity to have the best processes in place to attract, hire, and train the best workers. You also need to have the right system in place to keep track of your recruiting processes and your people. A good applicant tracking system (ATS) will automate, evolve and streamline your recruitment and hiring processes, increasing efficiency and contributing to organization- wide productivity. What is an Applicant Tracking System? In the most general terms, an applicant tracking system is a software application that is designed to help a company recruit, filter, sort, access, track and hire applicants with more efficiency and cost-effectiveness. Applicant Tracking Systems are becoming a fundamental part of organizational recruitment and selection strategy. Employers receive an average of 1,000 applications for every advertised job. Job boards make applying for positions easy and quick, and companies are often flooded with applicants who don’t even have the minimum qualifications required. The Wall Street Journal reports that 50% of job hunters don’t possess the basic requirements for the jobs to which they apply. With this volume, it’s impossible for employers to peruse each application individually. An ATS can help you to pre-screen your applicants and select those candidates whose resumes are a good match for your search criteria. Expert research shows that automated online recruiting systems can reduce a company’s overall cost-per-hire by as much as 80%. Centralizing the recruiting operation into a single system reduces data entry, eliminates processing fees and controls costs.
  2. 2. Smart Track’s ATS Functionality © 2013 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912 Smart Track’s Applicant Tracking System Smart Track offers you an advanced Applicant Tracking System (ATS) that simplifies your recruiting process. You can manage your entire recruiting life cycle within a single system. Customize applicant questions based on individual job requirements. Build your network by allowing candidates to invite contacts from within their own communities. Expand your reach with job referrals from candidates and internal resources. Search faster with powerful and detailed search capabilities. Fully integrate with the big social media networks, such as LinkedIn. Increase efficiency with built-in tracking feedback, interview scheduling, assessments and dispositions. Seamlessly integrate with VMS functionality for onboarding processes.
  3. 3. Smart Track’s ATS Functionality © 2013 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912 Advantages of Smart Track ATS Functionality Streamlined Applicant Tracking – Easy identification of candidates allows you to eliminate paper processes, automate communications, manage workflows and tap into social communities to build your talent pool. Reportable Recruitment Analytics – Robust reporting capabilities allow you to determine which recruitment campaigns are maximizing your return and monitor key metrics such as time to fill, EEO compliance, and cost per hire. Simple Job Distribution – Post and broadcast open positions to career sites, job boards, social media networks, staffing partners more easily and efficiently. Strategic Business Intelligence - Gain valuable insights into resource allocation, overall ROI and EEO compliance from your hiring process. Powerful reports help you to quickly evaluate candidate sources and effectively plan recruiting strategies. Qualified Candidate Community – Build a database of applicants allowing you access to a vetted talent pool for future openings. Integration Information – Collection and storage of all the details about your employees and applicants (such as test scores, training, job reviews and more) gives you a portrait for performance and potential. Social Media Linkages – Automate your social media reach by making it easy for potential candidates to access your job postings and apply through sites such as Facebook and LinkedIn. Savings in Recruiting Team Time – With tools such as pre-screening, keyword matches, automated interview scheduling, communication and data sharing, your recruiting team saves time resulting in a faster time to hire. Increased Compliance – The ability to create consistent, visible and scalable talent management processes reduces your exposure to lawsuits, protects government contracts, and reduces administrative costs. Improved Applicant Experience – A user-friendly, faster recruiting process with consistent communication aids in improving the applicant experience, creating a larger and more satisfied pool of applicants. Reduce your recruitment related costs, and your cost per hire Streamline your recruitment process Instill best practices into your hiring process Condense your time to hire Facilitate better workforce planning and budgeting Provide quality metrics and talent intelligence Ensure compliance with government regulations and rules Improve productivity of your recruiting team Accelerate decision-making with improved organization of candidate information Create a talent community with qualified candidates Integrate with social networks to expand your talent pool Raise brand awareness through recruiting adverts Benefits of Smart Track ATS:
  4. 4. Smart Track’s ATS Functionality © 2013 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912 Seamless Onboarding Smart Track’s ATS functionality aligns seamlessly with our Onboarding Module. The DCR Onboarding Program fully automates all aspects of how you bring in a new worker. We transform the traditional new hire paperwork package in a highly efficient, intuitive, online process that can begin even before the “first day”. Electronic Document Management Centralized Administration Asset Management eVerify Compliance New Worker Training
  5. 5. Smart Track’s ATS Functionality © 2013 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912 Real Time Visibility into the Recruiting Process Smart Track offers you a big data solution with a single platform for viewing and manipulating transactional and interactional data from various areas of your company. Our configurable dashboards and reports provide you with a graphical and interactive view of your most critical data. Social Portal Functionality Smart Track’s ATS moves beyond simply fulfilling your contract worker application needs. We offer a fully integrated talent management service with our social portal functionality. Rather than a one-on-one interaction between applicants and you, we offer you the ability to create a community that incorporates your corporate and social media sites. Our flexible solution allows you to fulfill both contract and permanent requisitions from within one portal. Fast implementation with minimal training requirements Fully mobile capabilities allow for device-independent access “Always On” technical support Highly reliable, scalable, cloud computing platform A secure, web-based platform accessible anytime and anywhere Value for Employers: Smart Track’s ATS functionality offers: Recruitment dashboards Insights about recruiting efforts such as time to hire, sourcing effectiveness, and more Compliance reports Reporting capabilities that can be tailored to your recruitment process and business requirements
  6. 6. About DCR Workforce Smart Track Vendor Management Software Smart Track, DCR’s innovative Cloud-based suite of workforce supply chain management applications, redefines the role of vendor management systems – expanding from conducting transactions to supporting critical interactions and decision making. Through Smart Track, we forge networks of business managers, suppliers and indirect workers, creating an institutional memory of best practices, and a means for sharing them. • Unlimited Visibility into Workforce Lifecycles • Forecasting Tools and Wizards • “On demand” Reconfiguration Capabilities • Advanced Compliance Support • Automated Administrative Processing • Device-Independent Access • Pre-built Connectors • Robust Management Reporting • Embedded Business Analytics • Highly Reliable, Scalable, Cloud Computing Platform • “Always On” Technical Support About Us DCR Workforce is, quite simply, dedicated to helping you maximize the contribution of your extended workforce. For DCR, achieving highly efficient workforce procurement and management transactions is just the starting point. We also provide the knowledge and technology required to analyze, understand and act on all aspects of your contingent talent management program. We serve global F1000 and mid-tier clientele. Representative clients include Lockheed Martin, Program Controls, Savi Technologies, Meads International, and Raytheon Javelin Joint Venture. Our proprietary cloud-computing platform (Smart Track) assists in providing customizable VMS and MSP solutions to manage, procure and analyze your talent with complete transparency, real-time control, high performance and decision-enabling business intelligence. For more information call +1-888-DCR-4VMS or visit www.dcrworkforce.com 7815 NW Beacon Square Blvd. #224 Boca Raton, FL 33487 Phone: 561 998 3737 www.dcrworkforce.com | blog.dcrworkforce.com facebook.com/DCRWorkforce linkedin.com/company/dcr-workforce twitter.com/DCRWorkforce © 2013 DCR Workforce, Inc. All Rights Reserved. DCR Workforce and Smart Track are Registered Trademarks. CCO — 082912

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