Both applicant tracking software (ATS) and AI Recruitment Software (ARS) are interchangeably using each other even though both are related but having huge difference in capacity to handle recruitment process. ATS is using just for applicant tracking purposes while ARS is capable to do entire recruitment cycle using AI. In fact, ARS is robotics and Artificial Intelligence incorporated into ATS.
In today’s world every organization is trying to harness the power of Artificial intelligence to enhance their productivity of their processes to meet the competition. Nevertheless, to mention, due to high attrition rates, every organization has to fill their vacancies at the speed the situation demands. ARS are the correct placement in such a scenario that, it enhances productivity of current recruitment team manifold and reduce the turnaround and acquisition cost as well.
Should I replace ATS with ARS? The answer is obliviously “Yes”. Since technology drives every business, Today’s businesses require faster Technology adoption than ever before. Many ARS like YVI (www.staging.yvi.ai) have all the existing features of ATS and in addition it supports all the latest up to date AI features as well.
Applicant tracking System (ATS) lacks many features compared to ARS, as below
|
Feature |
Regular ATS |
AI-Based Recruitment Software (YVI) |
|
Resume Parsing |
Basic keyword matching, limited to exact matches |
Advanced semantic parsing, understands context and synonyms |
|
Candidate Screening |
Manual screening, often requires human intervention |
Automated screening, priorities candidates based on fitment |
|
Job Matching |
Matches based on keywords and job titles |
Matches based on skills, experience, cultural fit, and other criteria |
|
Bias Mitigation |
Prone to human biases during screening |
AI algorithms designed to minimise biases by focusing on skills and competencies |
|
Interview Scheduling |
Basic scheduling tools, often requires back-and-forth emails |
Automated scheduling, integrates with calendars, suggests optimal times |
|
Data Analytics |
Basic reporting, limited insights |
Advanced analytics, provides deep insights into recruitment metrics and trends |
|
Candidate Engagement |
Standard email templates, limited personalization |
Personalised communication, AI-driven engagement strategies |
|
Cultural Fit Assessment |
Limited or manual assessment |
AI assesses cultural fit based on behavioural and personality data |
|
Learning and Improvement |
Static system, improvements require manual updates |
Continuously learning AI, improves over time with more data |
|
Scalability |
Can handle a large number of applications, but may slow down with volume |
Highly scalable, maintains performance with high volumes of applications |
|
Cost |
Generally lower initial cost |
Affordable initial cost but potentially lower total cost of ownership due to efficiency gains |
Summary
Regular ATS: Efficient for tracking of applicants in smaller companies with a defined hiring processes. It lacks advanced automation process which can save recruitment time considerably and prone to human bias as well.
AI-Based Recruitment Software (YVI):
ARS like YVI is a true replacement of ATS, which is designed to manage a full multistage recruitment cycle that provides advanced semantic resume parsing, automated screening, auto scheduling with retargeting via omni channel communication. Also, it facilitates cultural fitment to reduce future attrition and provides better candidate experience. It is suitable for all sort of organization from small to medium to enterprise (SME).