10 reasons to have a recruiting CRM

Recruiting CRM or Recruitment CRM software is a cloud technology for managing candidate relationships. A Candidate Relationship Management software helps you take timely decisions in a short span of time. 94% of recruiters have emphasized the value of recruiting software in improving their hiring process.

So what does the software do? It handles all your staffing and hiring processes from the word go. It stores useful candidate data and converts it into relevant information as per your need.

But, what are the specific reasons for you to make a purchase decision? In this blog, we will highlight 10 reasons to have recruiting CRM software. You can then decide for yourself.

1. Candidate sourcing gets easy with recruiting CRM

Candidate sourcing is a way to reach potential employees in the job market. It is hard to locate the best candidates hence recruitment CRM software makes this job easy. The software tracks data that tells about the platforms where the majority of the candidates are present. These could be social media sites like Facebook too. Moreover, it helps build a career portal page on your website which updates candidates about any job openings. The recruiting CRM software also forms a candidate pool that could be useful for future openings.

Did you know? 70% of the global workforce is filled with passive candidates who are not actively seeking jobs. CRM builds and manages candidate relationships by actively engaging them with your organization. For instance, if CRM identifies Facebook to be the best candidate sourcing place, you can then engage with your potential candidates through social media marketing.

2. You can engage the candidates through your recruiting CRM

Humans feel comfortable when they are familiar with a place, person, or organization. When candidates drop their resumes at your recruiting sites, the CRM software saves them. The software generates automated emails, allows Chabot’s interactions, updates candidates with their application status, and provides feedback to them. Pre-hiring interactions can excite the candidates to work for you. Did you know? 66% of candidates get insights about your company through pre-hiring interactions. To form an impression, recruiting CRM can prove to be the best solution.

3. Recruiting CRM features

The features of recruitment CRM are one of the many reasons to install it. The software screens resume, schedules interviews, and also carries background checks of the potential employees. Furthermore, it forms analytics, detects useful KPIs, and helps in improving the recruitment functions.

4. CRM Analytics bring gold to you

Data is only useful when it is coded into information that generates insights. Recruiting is a tricky process hence manually tracking the pattern of processes is impossible. The metrics such as time-to-fill an open position, application-filling time, and applicants-per-opening can all be recorded by the recruitment CRM software. Suppose if applications are less or mostly left incomplete it means your reach is weak or application forms are hard to understand. You can then take actions for improvement. Stats tell, 60% of applicants do not complete lengthy applications.

When the analytics is right, you can make better decisions.

5. Recruiting CRM software reduces your time-to-fill

With the stored data, recruitment CRM immediately finds out the best-fit candidates. Before you know it, it speeds up the process with its automated features. Stats tell, in 10 days good candidates get off the market and the average time to hire is 27 days for an organization. You would have experienced your rivals choosing the candidate you had your eyes on. So, the recruitment CRM software could prevent any such losses.

6. Recruitment CRM software increases your chances of getting better referrals

When a candidate has a positive recruitment experience they will spread the word in their circles and outside. It is reported that 81% of candidates share their positive experiences with their peers and families and 51% share about it on social media sites.

If you install a recruitment CRM software, chances of a positive candidate experience increase with its user-friendly and engaging features. The candidates would pour in their best referrals which would further make your sourcing job easy for future vacancies. Take it this way, if you hire one of the best candidates in the market they are likely to suggest quality candidates to maintain a positive impression on you. Recruitment CRM software benefits you indirectly too.

7. Recruiting CRM can increase your organizational productivity

Did you know? 15% of candidates with positive experience are likely to put more effort into their jobs. What better way is to improve their experience than by using recruiting CRM? When the candidates put in improved efforts their productivity will encourage their peers to work better too. This would also encourage positive competition, friendly work culture, and innovations. Your overall organization will get productive leading to more profits and unbeatable success.

8. Recruiting CRM enables higher collaboration between teams

Another reason to get recruiting CRM software is that it increases collaboration between the recruiting team members. A single software will keep all the members updated about the potential candidates, their application status, their hiring status, and more. The information could be used by all members and it would prevent any work delays. Moreover, the members could carry discussions with one another, and candidates too can stay connected through the portal.

9. Recruiting CRM facilitates mobile recruitment

People use cell phones all the time to stay connected with the world. Did you know? Job searches through mobile devices are higher than 1 billion per month. Recruitment CRM software has a mobile-friendly interface that makes it easy for candidates to quickly apply to new jobs. Very few candidates will invest their time in desktop-only job application procedures.

10. Reduces paperwork and brings better results

Imagine having to sift through a stack of files to find the best fit candidate? Chances are you still would not find the best one. Recruitment CRM software uses cloud computing to store data and reduces paperwork. It saves both time and money that would otherwise be wasted in the manual process. Moreover, the software analyzes and predicts future needs and organizational capabilities to meet them. The results are very accurate with little to no errors that could save you from huge mistakes.