While recruiters have many staffing technology possibilities to support their recruitment strategy, like ChatGPT for recruitment, one type of cloud recruitment software, artificial intelligence ATS, have become a necessity.
These sophisticated platforms leverage artificial intelligence, ATS, and machine learning algorithms to revolutionise the hiring process for businesses of all sizes. Let's explore the top 10 benefits of using AI applicant tracking systems and delve into the top 9 AI ATS available in the market.
10 Benefits of AI Applicant Tracking Systems:
- Improved Candidate Matching: AI ATS analyses resumes and job descriptions to identify the best-fit candidates based on skills, experience, and qualifications, ensuring higher-quality hires.
- Enhanced Efficiency: Automation of repetitive tasks such as resume screening, scheduling interviews, and sending follow-up emails frees up recruiters' time, allowing them to focus on strategic aspects of recruitment.
- Reduced Time-to-Hire: By streamlining the hiring process and accelerating candidate sourcing, AI ATS helps organisations fill vacancies faster, reducing time-to-hire and minimising productivity losses.
- Bias Reduction: AI algorithms are designed to minimise unconscious bias in recruitment by focusing solely on candidates' qualifications and experience, promoting diversity and inclusion in hiring practices.
- Predictive Analytics: AI ATS uses predictive analytics to forecast candidate success and retention rates, helping recruiters make data-driven decisions and optimise hiring strategies.
- Customizable Workflows: AI ATS offer customizable workflows and dashboards that can be tailored to suit the specific needs and preferences of recruiters, enhancing collaboration and productivity.
- Enhanced Candidate Experience: With features such as AI-powered chatbots and personalised communication, AI ATS provides candidates with a seamless and engaging experience throughout the recruitment process.
- Compliance Management: AI ATS ensures compliance with hiring regulations and data protection laws by automatically tracking and documenting candidate interactions and communications.
- Scalability: Scalable AI ATS can adapt to the changing needs of growing organisations, effortlessly handling large volumes of candidate data and job requisitions without compromising performance.
- Cost Savings: By streamlining recruitment processes, reducing manual labour, and improving hiring efficiency, AI ATS help organisations save time and resources, ultimately leading to cost savings in the long run.
Table: Best 9 AI applicant tracking systems
AI ATS Name | Description |
---|---|
Bullhorn | Offers recruitment CRM and applicant tracking tools |
Vincere | Supports recruitment and executive staffing firms |
Loxo | Software includes sourcing tools in addition to the typical offerings of recruitment CRMs and applicant tracking |
Avionté | Can help to create candidate experiences and manage payroll |
Greenhouse | End-to-end ATS which focuses on hiring process optimization |
Workday Recruiting | As part of the Workday tool suite, offers machine learning and predictive analytics |
IBM Watson Talent | Leverages Watson AI to deliver natural language process, sentiment analysis, and predictive analytics |
SmartRecruiters | ATS with a user-friendly interface |
iCIMS Talent Cloud | Offers automation, recruitment CRM, and ATS features |
List: Top 9 AI ATS:
1. Bullhorn
Bullhorn is a cloud-based ATS known for its comprehensive recruitment CRM and applicant tracking functionalities. While Bullhorn does not explicitly market AI technology, it offers advanced automation features and integrations with AI-powered tools for sourcing, screening, and candidate engagement.
Plus, Bullhorn integrates with many other software, including business phone systems like Ringover. This establishes automatic data synchronisation between the two tools, so you can have all information in one place and gain more time for high-value tasks.
2. Vincere
Vincere is a modern ATS designed for recruitment agencies and executive search firms. While specific details about its AI capabilities are not readily available, Vincere emphasises its use of data-driven insights and automation to streamline the recruitment process and improve recruiter efficiency.
Vincere also offers a native integration with VoIP software, so you can call contacts from within Vincere thanks to the click-to-call feature. Plus, your exchanges with applicants will be stored in one place, including WhatsApp messages, text messages, and more.
3. Loxo
Loxo is an AI-powered recruiting platform that combines applicant tracking, CRM, and sourcing tools in one integrated solution. Loxo's AI technology leverages machine learning algorithms to automate candidate sourcing, engagement, and matching, helping recruiters find and hire top talent more efficiently.
Loxo can be an even more powerful ATS solution once integrated with a cloud telephony system. You'll get key context about applicants thanks to tools like CTI screen pop, and use omnichannel communications to reach candidates via the channel they prefer.
4. Avionté
Avionté is a professional staffing solution that offers applicant tracking, CRM, and payroll functionalities. While Avionté does not specifically highlight AI technology, it provides advanced automation features and integrations with AI-powered tools for resume parsing, candidate matching, and workflow optimization.
To increase your productivity even more, you can set up an integration between Avionté staffing software and the VoIP phone Ringover. There will be no more need to switch between applications to reach candidates, and any staffing agent can easily pick up a conversation thanks to centralised call notes and call tags.
5. Greenhouse
Greenhouse is a popular ATS that focuses on optimising the entire hiring process, from sourcing to onboarding. While Greenhouse does not explicitly advertise AI technology, it offers customizable workflows and integrations with AI-powered tools for resume screening, candidate assessment, and interview scheduling.
6. Workday Recruiting
Workday Recruiting is part of the Workday suite of cloud-based HR management solutions. While specific details about its AI capabilities are limited, Workday emphasises its use of machine learning and predictive analytics to optimise recruitment processes, improve candidate experience, and enable data-driven decision-making.
7. IBM Watson Talent
IBM Watson Talent is an AI-powered talent management platform that includes applicant tracking, recruitment marketing, and candidate management functionalities. Leveraging IBM's Watson AI technology, it offers advanced capabilities such as natural language processing, sentiment analysis, and predictive analytics to streamline recruitment and identify top talent.
8. SmartRecruiters
SmartRecruiters is a modern ATS known for its user-friendly interface and customizable recruitment workflows. While SmartRecruiters does not explicitly market AI technology, it offers automation features and integrations with AI-powered tools for resume parsing, candidate matching, and interview scheduling.
9. iCIMS Talent Cloud
iCIMS Talent Cloud is a comprehensive talent acquisition platform that includes applicant tracking, CRM, and onboarding functionalities. While specific details about its AI capabilities are not readily available, iCIMS emphasises its use of data-driven insights and automation to enhance recruitment efficiency and candidate experience.
AI Applicant Tracking System FAQ
Does Applicant Tracking System Use AI?
Yes, many modern Applicant Tracking Systems leverage artificial intelligence and machine learning algorithms to automate various aspects of the recruitment process, including resume screening, candidate matching, and predictive analytics.
How Is AI Used in Recruitment?
AI is used in recruitment to automate time-consuming tasks, improve candidate matching, reduce bias, analyse data, and enhance the overall efficiency and effectiveness of the hiring process.
How Can AI Find Candidates?
AI can find candidates by analysing job descriptions and resumes to identify relevant skills, experience, and qualifications. AI-powered sourcing tools also search online job boards, social media platforms, and professional networks to identify potential candidates who match specific criteria.
Sources
- https://www.bullhorn.com/
- https://www.avionte.com/
- https://loxo.co/
- https://www.vincere.io/