The Importance of AI in an ATS
Artificial Intelligence is everywhere. It’s in everything we do, from the way we communicate, the way we shop, eat, order, entertain ourselves….it’s around every single corner. So, it’s no surprise that AI has wiggled its way into recruiting. The job search has become more automated now than it ever has before. Especially with the advancements of an ATS or Applicant Tracking System. But why? Why does artificial intelligence matter? How is it important? First, so that everyone’s on the same page, let’s define an ATS…
What is an ATS?
An ATS or Applicant Tracking System is a software companies can utilize to help aid and assist in the hiring process. It allows those companies to organize any and all candidates for recruitment purposes by allowing the collection of pertinent information, the organization of potential hires, and the filtration of qualified and unqualified applicants. According to a 2018 study by Medium.com, 90% of fortune 500 companies use an ATS! Okay, now what? What does AI have to do with it?
The Importance of AI in an ATS
Let’s take a look at a few benefits that AI has when integrated into an ATS. Then, we’ll take a look at a few comments from members of our Development Team!
An Increase in Quality- The most notable plus to implementing AI into an ATS is that it’s an increase in quality. When you have AI doing all of the front end work for you, and it’s parsing through all the good and the bad candidates. This means, you should only have the good reach your desk.
Saves Time- Obviously, when you’re having an increase in quality, it’s also saving you loads of time! How? You won’t have to sift through piles and piles of resumes or applications to only come up with two potential hires...With AI and an ATS, you’re able to have those two awesome resumes ready to go without all that extra heavy lifting and sorting through the under qualified. Plus, if you’re a hiring manager, trying to find even one great candidate can sometimes eat up so much of your time, right? Well, with the help of an ATS with AI, you can focus more on other duties you might have and less on work that AI could be doing for you.
Increases Productivity- This is definitely a domino effect....You have an increase in quality candidates which saves you time which increases your productivity! Funny how that works, isn’t it...Anyways, like we mentioned above, your productivity can and should sky-rocket with the help of an AI integrated ATS. This allows you to focus on your work and less on the tedious start to the hiring process. It can also allow you to locate those quality candidates, leaving you with a quicker interview, hire, and onboarding!
Let’s take a look at a few quotes from our Development Team to see what they have to say about the importance of AI in an ATS. At ApplicantOne, our Development Team, or “Dev Team” as we call them, are our ATS experts. They work in our technology every single day and are constantly improving the quality of our recruiting solution. So, if anyone knows a thing or two about an ATS, it’s these guys. Check it out!
“The AI Workforce is similar to the Human Workforce. When the Human Workforce is at its best, it can take on the task of organizing, ranking, sorting, summarizing, and prioritizing a given list of candidates with respect to the business needs. When the AI Workforce is at its best, the AI Workforce can do the same thing on a larger scale, faster, and even more thoroughly. Since the AI Workforce lives in the computer, it can also do things for you like notify key persons in the company and help schedule appointments and meetings. Basically, AI Workforce can handle all typical hiring process patterns a company might have or want in the computer world. Smart minds can teach the AI Workforce new skills and extend the abilities of the AI Workforce to handle new tasks. The AI Workforce has the possibilities to assist the Human Workforce compete on a level beyond those without it.”
-Patrick Salmons, Programmer/Analyst
“ApplicantOne currently utilizes AI in our resume parsing system. The resume parsing system has been fed millions of resumes during supervised learning sessions to teach it many of the common resume formats and to increase its natural language processing capabilities. In the future we may expand our AI to assist with candidate scoring, interview scheduling, and job distribution.”
-Eric Bostrom, Senior Programmer, Analyst
Thanks Patrick and Eric! Their insight is so valuable and so true! The use of an AI integrated ATS can only create wonders for your business and hiring needs. Like Patrick said, “the AI Workforce can do the same thing on a larger scale, faster, and even more thoroughly.” When you’re sitting there, parsing through resumes, weeding out the good and bad, scheduling your own interviews, and wasting half of your day, you’ll understand. When there’s technology out there that can assist you, take away some of the grunt-work, and can make you more productive, wouldn’t you want to use it? If you haven’t considered infiltrating some sort of AI into your ATS...maybe it’s time you should!
And, if you’re looking to streamline your hiring process but want to break away from traditional recruiting, consider ApplicantOne! We offer three differing solutions ranging from a one time engagement to an annual subscription based engagement….we even offer a contract style recruiting solution too! Interested? Follow this link to read more AND, don’t forget to “Request a Demo” with a member of our sales team to get even MORE information!