How does tech help a recruitment business’ success? One way is by covering the fundamentals: finding and placing the right people quickly.
This is where a recruitment management system comes into play. It’s a type of tech that lets agencies streamline their recruiting processes from start to finish and get better results fast.
In this article, we’ll go over the ins and outs of a recruitment management system: what it is, the advantages of RMS investment, and the top criteria to help you choose your own platform.
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Defining the recruitment management system
A recruitment management system (RMS) is a software platform (or a set of tech tools) that automates and organizes recruitment processes. An RMS is designed to make the recruitment process easier and more efficient for both recruiters and job seekers.
An RMS can streamline a recruitment business’ operations, making everything from sourcing to invoicing a breeze.
Some typical RMS features include:
- Applicant Tracking System (ATS): A comprehensive database with profiles on potential candidates, from CV to contact info. Consultants can search an ATS in an instant to load a talent pool for any role. An ATS also helps consultants keep track of applications, add notes, and move candidates down the pipeline.
- Job portal: A portal is like a job board that the agency controls. Consultants can post live job ads here (with the benefit of syncing data to their ATS). Most recruiters will use both internal and external posting, and some portals can enable auto-posting job ads to social media channels.
- Automated workflows: A recruitment management system can automate tasks like messaging candidates, setting reminders for follow-up emails, etc.
- Interview scheduling: Some RMS platforms let recruiters automate interview scheduling to track and manage the process more efficiently.
- Onboarding process automation: An RMS feature like a candidate portal can take some admin work away from onboarding. Here candidates can upload their own paperwork and self-serve for some of their onboarding process.
- Performance tracking: A recruitment management system can track data about in-house performance, allowing leaders to assess their output and processes.
- Reporting and analytics: An RMS generates insightful reports to help leaders understand trends in their business and shift gears as needed.
5 benefits of a recruitment management system
A recruitment management system has more than a few perks for agencies:
- Automating recruitment processes: An RMS can take care of some tedious manual work. By saving recruiters some time and energy, there’s more room to focus on networking, interviewing, and developing business relationships.
- Optimizing job postings: With an RMS, recruitment and staffing agencies can manage their own job ads and reach the right candidates. This self-managed process helps recruiters start connecting with applicants right away – and not struggle with external job boards.
- Improving candidate experience: On the candidate side, an RMS can offer portals and other features to streamline applying and onboarding. Candidates can easily upload CVs, track their status, and get timely updates.
- Providing better data insights: An RMS also collects and analyzes valuable data for recruitment businesses. Key reports like time-to-hire and which sources are generating the most qualified applicants will help drive business success. This information can help recruitment leaders make more informed strategic decisions.
- Facilitating collaboration: Recruiters and hiring managers can collaborate via a recruitment management system, smoothly paving the way to a placement. When stakeholders can track hiring progress and review applications, it’s easier to decide on the best candidates.
Top criteria for the best recruitment management systems
When choosing the right recruitment management software for your business, there are some guidelines to consider. Here are the criteria to help decide if an RMS meets your needs:
- User-friendly interface: This lets recruiters and hiring managers easily navigate the system.
- Automated workflows: A RMS should help out with automations so consultants can skip the admin work.
- Candidate experience: Help out candidates by choosing an RMS with an intuitive and simple job application process.
- Integration offerings: If your team relies heavily on third-party apps (think Zapier or Gmail), the right recruitment management system will work together with these tools.
- Accessibility: The RMS should work for multiple devices, including mobile phones, tablets, and desktop computers. When you and your team are on the go, it’s necessary to get into the system from anywhere.
- Security: A recruitment management system should have high-level security features and certifications. You’ll want to ensure that all business data is kept safe and compliant.
- Customer support: The RMS should have customer service and training options to help support your team.
- Scalability: If your recruitment business is going to scale or open a new desk, you’ll want a recruitment management system that meets changing business needs over time. Check if you can add on extra features, including any that might help with new specialisms.
- Pricing: The RMS should have a pricing model that fits both your business’ budget and required functionality to operate.
- Customization: The RMS should have the ability to customize workflows and reports so you can tailor them to your business’ unique needs.
How the Recruitment Operating System compares
Vincere’s Recruitment Operating System, or RecOS, is an advanced recruitment solution that takes the RMS to the next level. The RecOS is designed to provide more comprehensive recruitment support than an RMS.
Besides traditional recruitment management system features, the RecOS also offers advanced functionality like AI-driven applicant tracking, no-code candidate and client portals, and predictive analytics with 50+ reporting dashboards.
The RecOS is configurable as recruitment businesses change and scale. It’s accessible on multiple kinds of devices, so there’s no limit to accessing your rec tech.
The Recruitment Operating System is a unified platform to help recruiters and leaders manage processes and make data-driven decisions. With an intuitive user interface, automated workflows, powerful integrations, comprehensive reporting tools and AI-enabled features, an agency’s front, middle, and back office teams can work better together.
Final thoughts
Making placements efficiently is part of what sets a recruitment business apart. A strong recruitment management system smooths out workflows by offering automation, reporting, and collaboration options for recruiters.
With the right recruitment management software, you’ll be able to streamline and automate processes, saving time and money while recruitment teams home in on the best candidates.