What is global recruitment software?

Global recruitment software

Companies use global recruitment software to streamline the process of collecting job applications, evaluating candidates, and hiring workers internationally. These software platforms make it simple to screen and rate applicants and store their information in one well-organized place.

Some of the functions of global recruitment software include:

  • Advertising open positions
  • Collecting applications 
  • Processing applications
  • Scheduling interviews
  • Securely storing candidate data
  • Conducting background checks 
  • Conducting pre-hire evaluations 
  • Soliciting feedback from candidates and new hires 

Global recruitment software uses technology to help hiring teams find the right candidate for a role, and make the hiring and onboarding process as simple and streamlined as possible. 

Artificial intelligence and recruiting

Experts predict that the global recruitment software market will grow steadily in the coming years. The addition of artificial intelligence (AI) and machine learning (ML) capabilities have further streamlined and simplified the hiring process. For example, AI helps recruiters to evaluate applicants’ skills and expertise, and identify the most viable candidates with just a few clicks, eliminating the need to review applications manually. 

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These platforms also make it possible for organizations to use advanced ML algorithms to analyze data and identify market trends to improve hiring processes and find the best talent.

In addition to the rapid expansion of AI and ML, other factors that point to significant growth in the global recruitment software market include:

  • An increase in startup organizations 
  • Organizations cutting overhead costs
  • More social recruiting 
  • Increases in cross-border hiring and global teams

The benefits of global recruitment software

As companies deal with record attrition rates and changing workforce demands, developing effective recruitment strategies is more critical than ever. Global recruiting software makes it possible to tap into a worldwide talent pool and make the hiring and onboarding process as streamlined as possible for both HR teams and candidates. Here are a few reasons companies are looking for software solutions for their hiring needs.

Access to better candidates

Traditional hiring processes rely on personal opinions, instincts, and intuition, which don’t always result in the best hires. By relying on data, companies have a better chance of hiring the right candidates. Platforms with an applicant tracking system (ATS), talent management, and objective assessment tools make it easy to hire the best people. 

Recruiting software makes it easy for companies to find the right people by creating clearer, more specific job listings that appeal to the best candidates. A robust global recruitment platform can also help identify potential job candidates and help recruiters craft relevant messages to start building relationships.

Targeting the right people means posting open positions on relevant job boards, social platforms, and industry publications. Intelligent recruiting software optimizes postings and automatically places them appropriately. The software can also analyze the performance of job postings and provide insights into the most effective sources, allowing the company to maximize its ROI on open job postings. 

With the average online job posting garnering dozens, even hundreds, of applications, a global recruiting platform makes it possible to identify the best candidates quickly using specific criteria. A recruiting and hiring platform streamlines workflows for recruiters so they can pinpoint the best candidates and move forward with the hiring process. 

Unified talent management

A great employee experience begins with a great hiring experience. A global recruitment software helps to support a defined and effective recruiting plan. Using insights into future talent trends and workforce needs, recruiters can be more proactive about contacting potential candidates with relevant messages and engaging them in the hiring process before posting the open role. 

The software allows HR to respond to candidates faster and provide more personalized and contextualized experiences throughout the process. Everyone participating in the recruitment process will have a common view of the pipeline and activities connected to specific candidates, whether they’re a recruiter or department-level interviewer.

Global recruitment software unifies all hiring processes across a single platform, from recruitment through onboarding. When everything is in one place, HR teams can access data and visual insights into key metrics. This visibility allows them to make better and faster decisions as well as find ways to reduce bottlenecks and inefficiencies.

Reduced costs

Not only does relying on manual HR processes take longer, but it’s also more expensive. Global recruiting software automates processes to make HR teams more productive, reducing hiring time and overall operating costs. Eliminating costly and outdated recruiting practices preserves the bottom line and reduces costs for talent management. 

Happier jobseekers

Companies must keep jobseekers satisfied and engaged throughout the hiring process. Processes that take too long, lack communication, or are cumbersome to navigate can drive away qualified candidates—and these negative experiences harm the company’s employer brand.

A well-managed recruiting software platform addresses some of the most common job seeker complaints by allowing HR to stay in touch throughout, keeping candidates apprised of where they are in the hiring process, and eliminating inconvenient processes like reentering the same information at multiple points.

About Oyster

Oyster is a global employment platform designed to enable visionary HR leaders to find, hire, pay, manage, develop, and take care of a thriving distributed workforce. Oyster lets growing companies give valued international team members the experience they deserve, without the usual headaches and expense.

Oyster enables hiring anywhere in the world—with reliable, compliant payroll, and great local benefits and perks.