Terms

Applicant Tracking System

What is an Applicant Tracking System?

An Applicant Tracking System (ATS) is a software solution that helps companies organize and manage candidates for hiring and recruitment purposes. It streamlines the recruiting process by using automation and AI to identify, reach out to, and advance qualified candidates efficiently, while also providing tools for posting job openings, connecting with candidates, and analyzing real-time updates for data-driven decisions.

Benefits of Using an ATS

Utilizing an ATS brings several key benefits:

  • Efficiency in Hiring: Speeds up the recruitment cycle by automating tasks like resume screening and interview scheduling.
  • Improved Collaboration: Facilitates better communication among hiring teams and provides a centralized platform for sharing candidate information.
  • Enhanced Candidate Quality: Uses sophisticated algorithms to match candidates with job requirements more accurately.
  • Data-Driven Decisions: Offers analytics and reporting tools that help in making informed recruitment decisions.

Key Features of Effective ATS

  • Automation and AI: Modern ATS solutions use automation and AI to identify, reach out to, and advance qualified candidates efficiently, while also employing natural language processing to scan resumes and provide recommendations.
  • Customizable workflows: ATS can create custom workflow templates for consistent processes, assign team members to tasks, and send automatic notifications.
  • Integration capabilities: Top ATS integrate with common and niche job boards, as well as essential recruiting software and human resource information systems (HRIS) for seamless data syncing.
  • User-friendly interface: An effective ATS improves the recruitment experience for hiring managers and candidates by supporting quick communication, providing feedback channels, and sending automatic updates based on custom workflows.
  • Advanced search and filtering: Recruiters can sort candidates by filtering based on skillsets and job descriptions, enabling them to find strong-fit candidates and schedule interviews efficiently.

ATS vs. Traditional Recruitment Methods

Compared to traditional recruitment methods, ATS offers a more structured and efficient approach:

  • Automated vs. Manual: Unlike manual sorting and tracking, ATS automates these processes, saving time and reducing human error.
  • Data Accessibility: Provides real-time insights and centralized data access, unlike traditional methods where information might be segmented or harder to compile.
  • Precision in Candidate Screening: Employs advanced algorithms to match candidates with job criteria more accurately than the often subjective traditional screening.

Implementing an ATS in Your Hiring Process

Implementing an ATS in your hiring process involves several steps. First, secure an adequate pool of applicants and tag them based on resume information. Next, sort through candidates by filtering based on skillsets and job descriptions to find strong-fit candidates for open roles. Enable recruiters to communicate with candidates and schedule screening interviews and hiring team interviews. Finally, submit feedback immediately following interviews with applicants and add notes about each candidate.

Other terms

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Closed Lost

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Closed Lost

Affiliate Marketing

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Affiliate Marketing

Predictive Lead Scoring

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Predictive Lead Scoring

Lead Routing

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Lead Routing

Enterprise Resource Planning

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Enterprise Resource Planning

Marketing Funnel

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Marketing Funnel

Email Marketing

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Email Marketing

Touchpoints

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Touchpoints

Sales Intelligence Platform

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Sales Intelligence Platform

SPIN Selling

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SPIN Selling

Lead Enrichment

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Lead Enrichment

AppExchange

Learn about AppExchange, including how AppExchange benefits businesses, navigating the AppExchange marketplace, & popular apps on AppExchange.

AppExchange

Programmatic Advertising

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Programmatic Advertising

Annual Recurring Revenue (ARR)

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Annual Recurring Revenue (ARR)

Outbound Leads

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Outbound Leads

Data Security

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Data Security

Custom API integration

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Custom API integration

ClickFunnels

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ClickFunnels

Product Qualified Lead

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Product Qualified Lead

Customer Segmentation

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Customer Segmentation

Logo Retention

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Logo Retention

Sales Partnerships

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Sales Partnerships

Application Performance Management

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Application Performance Management

Data Enrichment

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Data Enrichment

Touches

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Touches

Sales Calls

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Sales Calls

CRM Integration

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CRM Integration

B2B Data Solutions

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B2B Data Solutions

Cold Calling

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Cold Calling

Sales Lead

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Sales Lead

Shipping Solutions

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Shipping Solutions

Weighted Sales Pipeline

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Weighted Sales Pipeline

Bounce Rate

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Bounce Rate

Enterprise

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Enterprise

Net New Business

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Net New Business

Sales Productivity

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Sales Productivity

Headless CMS

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Headless CMS

GPCTBA/C&I

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GPCTBA/C&I

Sales Velocity

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Sales Velocity

Competitive Advantage

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Competitive Advantage

Low-Hanging Fruit

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Low-Hanging Fruit

Data Warehousing

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Data Warehousing

Below the Line

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Below the Line

Batch Processing

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Batch Processing

Hot Leads

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Hot Leads

Demand Forecasting

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Demand Forecasting

SFDC

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SFDC

Lead Conversion

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Lead Conversion

Psychographics

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Psychographics

Canary Releases

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Canary Releases

Lead Qualification

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Lead Qualification

Data Mining

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Data Mining

Objection Handling in Sales

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Objection Handling in Sales

Digital Contracts

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Digital Contracts

Value-Added Reseller

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Value-Added Reseller

Customer Lifetime Value

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Customer Lifetime Value

Zero-Based Budgeting (ZBB)

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Zero-Based Budgeting (ZBB)

Sales Presentation

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Sales Presentation

Discount Strategies

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Discount Strategies

Data Privacy

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Data Privacy

Consultative Sales

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Consultative Sales

Data Appending

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Data Appending

Bottom of the Funnel

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Bottom of the Funnel

Jobs to Be Done Framework

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Jobs to Be Done Framework

Direct-to-Consumer

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Direct-to-Consumer

Sales Territory Planning

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Sales Territory Planning

Voice Broadcasting

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Voice Broadcasting

Revenue Forecasting

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Revenue Forecasting

Net 30

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Net 30

Process Automation

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Process Automation

Lead Response Time

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Lead Response Time

Forecasting

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Forecasting

Customer Retention Cost

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Customer Retention Cost

CRM Analytics

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CRM Analytics

Warm Outbound

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Warm Outbound

Tokenization

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Tokenization

Sales Prospecting Techniques

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Sales Prospecting Techniques

Target Account Selling

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Target Account Selling

Prospecting

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Prospecting

Customer Data Analysis

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Customer Data Analysis

Retargeting Marketing

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Retargeting Marketing

Commission

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Commission

Sales Stack

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Sales Stack

Direct Mail

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Direct Mail

80/20 Rule

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80/20 Rule

Customer Retention Rate

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Customer Retention Rate

Customer Data Platform (CDP)

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Customer Data Platform (CDP)

Consumer Relationship Management

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Consumer Relationship Management

Net Revenue Retention (NRR)

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Net Revenue Retention (NRR)

Marketing Play

Learn about marketing play, including crafting effective marketing plays, examples of successful marketing plays, & marketing plays vs. sales strategies.

Marketing Play

Buyer Journey

Learn about buyer journey, including stages of the buyer journey, key factors influencing the buyer journey, & buyer journey vs. sales funnel.

Buyer Journey

Ballpark

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Ballpark

Sales Funnel

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Sales Funnel

Warm Email

Learn about warm email, including crafting effective warm emails, criteria for selecting recipients, & warm email vs. cold email: key differences.

Warm Email

Fulfillment Logistics

Learn about fulfillment logistics, including understanding fulfillment logistics, essential components, steps to optimize, & common challenges.

Fulfillment Logistics

Field Sales Rep

Learn about field sales rep, including key responsibilities of a field sales rep, & qualities of a successful field sales rep.

Field Sales Rep

Buying Intent

Learn about buying intent, including identifying buying intent signals, strategies to capture buying intent, & buying intent vs. browsing behavior.

Buying Intent

Demographic Segmentation in Marketing

Learn about demographic segmentation in marketing, including understanding demographic variables, & implementing demographic segmentation.

Demographic Segmentation in Marketing

Purchase Buying Stage

Learn about purchase buying stage, including understanding the buyer's journey, & key strategies to influence purchase decision.

Purchase Buying Stage

B2B Intent Data

Learn about B2B intent data, including how B2B intent data enhances sales strategies, sources of B2B intent data, leveraging B2B intent data for competitiveness.

B2B Intent Data
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