For hiring managers, recruiters, tech leaders

Recruiting Software Platforms: What You Need to Know

Recruiting Software Platforms

Benefits, how to choose the right recruitment software for your business, and more

Recruiting software platforms make the recruitment procedure efficient, precise, and less time-consuming. These digital solutions streamline and automate recruitment processes. This includes posting job openings and applicant tracking to candidate screening and interview scheduling.

Recruiting software platforms may vary but share common goals which induce:

  • Speeding up the hiring process
  • Optimizing recruitment practices
  • Ensuring companies attract top talent

Conventional practices involve hours of manual sorting through resumes and organizing interviews. Professional recruiting software often has advanced features like machine-learning algorithms and search capabilities. These enable recruiters to match candidates to the right roles.

Selecting the recruiting software platform that aligns with your needs may seem daunting. But, considering these factors will help you make the right choice:

  • Feature set
  • Pricing structure
  • Integration with other tools
  • User reviews

The right recruiting software platform is a valuable tool in attracting top talent.

How recruiting software platforms work

Recruiting software platforms revolutionize the traditional approach to talent acquisition. These platforms automate stages of the recruitment cycle and optimize it with algorithms. That is anything from sourcing candidates to pre-screening and interview scheduling. These platforms foster efficiency, productivity, and better recruitment outcomes.

Understanding how recruiting software platforms work is vital to leveraging their full potential. These solutions algorithmically sift through data. They identify potential candidates who best match the job requirements. Some even identify passive candidates who may be the perfect fit for a role but are not actively seeking a new position. Pre-screening is another feature on these platforms. Many use AI to review candidates’ responses or profiles against established hiring criteria. 

Related: Hired Conducts AI Audit to Ensure Bias-Free Hiring 

Also, check out this episode recap of Hired’s podcast for talent and people leaders about How to Use AI in Recruitment: Insights from Activision Blizzard’s Talent Sourcing Director.

This software also manages interviews and follow-ups, sends automated email notifications, and keeps track of candidate responses. It provides an organized pipeline for recruiters to refer to and manage. Automating repetitive tasks allows recruiters to concentrate on building relationships with candidates.

Diving deeper into recruiting software examples, platforms like Hired offer employers instant access to vetted top talent. The platform adapts as it learns employer preferences and sends new candidates daily. Companies can even stay ahead of the competition by leveraging insights on where else candidates are interviewing.

Choosing the best recruiting software depends on the specific needs of your organization. Consider your recruitment strategy, the size of your team, and your budget. Prioritize essential recruiting software features. That includes an easy user interface, a reliable support system, integration capacity, and comprehensive analytics. 

Recruiting software platforms centralize recruitment activities. They provide a holistic view of the hiring pipeline. This ensures recruiters make informed decisions and have more effective hiring processes.

Advantages of social and virtual recruiting platforms

Social and virtual recruiting platforms are becoming popular among organizations across various industries. These platforms support a streamlined, effective hiring process. The tech-assisted recruitment space is seeing globalization. Options like global recruiting software are gaining traction as businesses extend beyond borders.

A top benefit of these platforms is their ability to provide a wide-reaching network. Social recruiting allows businesses to reach a vast pool of candidates. This increases the chances of sourcing the best fit. Virtual platforms connect hiring managers to candidates from around the world. It is a core advantage of global recruiting software.

Related: Want to Hire a Globally Distributed Team? 4 Ways to Get Started 

Another prominent advantage of these platforms is their potential for cost savings. Free recruiting platforms offer a variety of recruitment-related services at no charge. But these platforms may compromise on the quality or diversity of the candidates.

Diversity in hiring in 2024

According to Glassdoor, 75% of US applicants report a diverse workforce is essential when evaluating job offers. In Hired’s survey of more than 1000 tech workers, we asked if working on a diverse team was a top priority where “diverse” was defined as education, background, race, gender, experience, etc., and 63% said yes.

Comprehensive recruiting platforms offer ways to surface more underrepresented talent and alert you to unconscious bias in compensation, for example.

Check out more data in The Future of Tech Hiring – 8 Bold Predictions for 2024.

Beneficial software platforms for small businesses

Small businesses often face unique challenges in recruitment. Fortunately, there are recruiting software platforms tailored to their needs. 

Hired integrates with several applicant tracking systems to make hiring easier for businesses of all sizes. However, Hired integrates with these platforms makes for the best recruiting software for small businesses:

  • Workable: With its intuitive interface and affordable pricing, Workable caters to the specific needs of smaller teams.
  • JazzHR: JazzHR focuses on simplicity and scalability, making it an ideal choice for growing small businesses. It streamlines the hiring process and promotes collaboration among team members.

Cost-efficiency and user-friendly interfaces make these platforms ideal for small businesses. 

The best recruiting software for small businesses level the playing field. It makes it possible for small businesses to compete with larger corporations in talent acquisition. The key to a thriving business often lies in its workforce. So the right selection from talent acquisition software platforms can significantly impact business success.

How to choose the right recruiting software platform

Selecting the right recruiting software platform is crucial for optimizing your hiring process. Though they are all intended to streamline hiring, each platform is distinct. So, attention to features and capabilities is key to finding the best recruiting software.

Follow these steps to make an informed decision on a platform:

  • Assess your needs: The options for recruiting software platforms generally cater to a variety of business needs. Identify the specific requirements of your recruitment process. Consider factors such as the size of your team, the volume of hires, and the desired features.
  • Budget considerations: Check your budget constraints. Choose a recruiting software platform that aligns with your financial resources. Many platforms offer scalable pricing plans to accommodate different business sizes.
  • Do your research: Conduct thorough research on the top recruiting software platforms through sources such as G2, where people discover and review software for their business. Evaluating the features, tools, ease of use, and cost efficiency offers better insight.
  • User-friendly interface: Opt for a platform with an intuitive interface to ensure easy adoption by your team. This minimizes training time and maximizes productivity.
  • Integration capabilities: Look for platforms that integrate seamlessly with your existing HR tools. This ensures a cohesive and efficient workflow.

Are the free tools any good?

There is also no harm in exploring the realm of free recruitment software tools. Some of these may offer enough features to meet your small business requirements. Free recruitment software may lack the full suite of tools necessary for a larger organization. So consider the future growth of your company and the scalability of the software.

Are you ready to choose your recruiting tech?

The best recruiting software platforms coincide with your needs, budget, and desired level of efficiency. By taking these factors into account, you’ll make the right choice. Doing so will equip your company with software that enhances your recruitment processes, big or small.

Hired specializes in helping companies of all sizes with recruiting tech talent. As the world’s largest AI-driven talent marketplace, Hired offers multiple products and solutions for recruiting and hiring the best candidates including features to progress on DEI hiring goals, talent-sourcing services, technical assessments, employer branding, recruiting events and coding challenge campaigns to build pipeline, and more.

Let us show you how we can help whether you’re backfilling a single role or scaling a whole team in a new location.