recruiter using an AI-powered ATS

Applicant Tracking Systems

4 Ultimate Ways AI-powered ATS is Changing Recruiting and Why You Should Not Be Afraid

June 10, 2022

Tima Rassool

Tima Rassool

Content Writer

The buzzword “artificial intelligence” has been around for a good 66 years.

AI has seeped into our daily lives (Hey Siri!). The tech-induced transformation has hit the talent acquisition industry, and it seems that the hype around it is growing week after week.

Enter, AI-powered ATS.

At first, recruiters didn’t even know that they needed it. If anything, they were terrified it would take over their jobs. Little did we know, that AI will monumentally transform core HR functions like hiring, screening resumes, shortlisting top talent, filtering databases, ranking candidates, and so much more.

It’s a global phenomenon.

Despite all that, there’s a serious lack of clarity on how AI is changing recruiting for the better and the cumbersome fear that it dehumanizes the process.

So put your worries to sleep, and let’s go over 4 powerful reasons why an AI-powered ATS is transforming recruiting and why you should not be afraid.

Eliminating bias from the recruiting process once and for all

We’re all prone to bias. It’s a fact of life. However, bias can be both conscious and unconscious. But for the most part, recruiters typically deal with both. Although unintended, it still has implications for the recruiting process. Since recruiters aren’t aware of their biases most of the time, they’ve got to be open-minded and non-judgmental. But luckily, we’ve got AI technology to save us from our own biases.
AI is objective. It doesn’t factor in the candidate’s race, ethnicity, or religion. Nor does it use them to qualify or disqualify candidates.

The awesome thing about an ATS that is powered by AI, is that it’s programmed to only look at aspects that correlate and have an effect on work performance.

And an applicant tracking system does that through AI talent matching.

Talent matching is when AI technology can seamlessly match candidates to the most suitable jobs – in nanoseconds. It does that by simply taking into account the candidate’s skillsets and experience, and objectively matching them to the job requirements. Which ultimately means that you won’t involuntarily impose any biased decisions. The AI-powered ATS will provide you with a matching percentage for each candidate, which dictates how closely they match the job requirements. Even better, you can instantly rank the candidates from highest to lowest match – and pinpoint your top performers in the blink of an eye.

Screening thousands of resumes in seconds is now a reality

It’s not hard to screen resumes. But it is hard when you need to do that for thousands of resumes. In fact, it’s beyond debilitating and your efforts will eventually fall short.

Simply because you’ll tend to forget the candidates’ names, what made them special, and their qualifications. With so much information at hand, you’ll be at the risk of misplacing candidates due to the overload of applications flowing into your inbox. Not only that, but with a decentralized resume database, it can be super hard to organize all your data in one place. We’re talking about resumes that are piling up on your desktop, file cabinet, or Gmail.

On the bright side, an ATS powered by artificial intelligence automates the entire screening process for you, but 10x faster.

Let’s take an example.

An advanced ATS like EVA-REC allows you to turn your offline resume database into an online and searchable one. Allowing you to search and filter resumes by using specific keywords. So you can sift through resumes based on keywords related to the job title, career level, country, industry, major, or skills – instead of factoring out candidates based on race or ethnicity. You can even choose to either include or exclude these keywords from the filtration process. Then, the ATS will directly filter the resumes and show you at a glance the candidates that meet your requirements!

As a result, the AI’s ability to screen candidates fast, provides recruiters with more time to communicate, interview, and manage candidates. Which ultimately creates a quicker time-to-hire window, reduces bias, and improves diversity.

Boosting learning and development exponentially

Thanks to AI, L&D and hiring departments are making the most out of their time. They’re becoming increasingly more agile and adaptable to meet their candidates’ and employees’ needs. By fostering a more data-first mindset through the adoption of AI, they are now seamlessly able to ramp up the candidate experience.

You might be wondering how, right?

Well, we’re just about to get to the good stuff.

An AI-powered ATS like EVA-REC can automatically recommend online courses by Coursera and Udemy to candidates. These recommendations are based on any missing or required skills that the candidates must learn or improve in order to meet the job requirements. Not only does this personalize the candidate experience, but it also shows candidates that the company cares about their improvement by helping them fine-tune their skills gaps.

Increasing the use of data-driven advanced analytics

When it comes to recruiting, data is everything. We literally rely on it on our day-to-day to take our workflows to the next level. But to acquire fruitful data, you need to get your hands deep in research. Maybe even crunch in the number and do the analytics yourself. Which is valuable time that nobody has.
Luckily, recruiters can use an AI-powered ATS to get a powerful head-start.

With flexible reporting and easy-to-use analytics tools, an ATS enables recruiters to track their pipelines, keep an eye on diversity, and track how their recruiting is going, all in one place.
So with an ATS that is powered by AI, you can track if your candidates are coming from job boards, social media, or other channels. You can also track your most important recruitment metrics such as time-to-fill, time-to-disqualify, quality-per-hire, cost saved, and time saved.

Essentially, the AI will do the heavy lifting for you and provide you with a breakdown of your recruitment metrics that you can access in one single click. Meaning, that you won’t have to sit with your team for endless hours crunching in the numbers and finding the equations for each metric. Let the ATS do the math for you, and enjoy advanced analytics and reports that will enable you to get a birds-eye view of your recruitment in seconds!

Wrapping it up

So is an AI-powered ATS a friend or foe?

A friend indeed!

Think of the ATS as an indispensable teammate that wants you to thrive and succeed. It will do the time-consuming work so that you can focus more on what’s important. It’s not here to replace you. It’s only here to make your life easier.

Yes, AI can be programmed to send emails, rank candidates, screen resumes, automate pipelines, and auto-generate advanced reports. What it can’t do though, is take action or decisions on your behalf. It’s still up to you to interpret the data, make the most out of it and decide what to do with it.

EVA-REC is a futuristic ATS that automates and improves the hiring process with AI technology. It arms leading enterprises with world-class features that help them create a rich and immersive hiring experience for recruiters and candidates alike. With EVA-REC, companies can drive merit-based, objective, and fair hiring practices that minimize bias, without dehumanizing the hiring process. Request a free demo and get to see our futuristic applicant tracking system in action!

Turn top talent to employees fast

Hire, assess, onboard and manage top talent for every job. See how Elevatus streamlines everything; from acquire to new hire.

Request a demo

Author

Tima Rassool

Tima Rassool

A wordsmith, storyteller, and content strategist – Tima is an MBA graduate with 6+ years of experience in the world of HR. With over 2,000 blogs under her belt, Tima's expertise and insights have helped businesses across the globe take their recruitment to the next level and stay ahead of the curve.

Turn top talent to employees fast

Hire, assess, onboard and manage top talent for every job. See how Elevatus streamlines everything; from acquire to new hire.

Request a demo