Recruitment Technology: How to build the ultimate tech stack

The pandemic, its after-effects, how it has altered businesses and industries worldwide, how it has led to rapid digitization and technological innovations and challenges alike, and more – we’ve witnessed it all over the last couple of years. However, one crucial aspect hasn’t changed – people will always remain the most crucial asset of an organization, and this is evident in how companies prioritize their workforce over profit margins. There has been a sea of changes in human resource management. At the same time, technological advancements are opening a new frontier of opportunities for organizations to amplify their HR functions – including recruitment.

New-age, technology-backed recruitment tools help attract, source, and employ better-qualified and worthy candidates, relieving recruiters of the pressure, and saving time and money for businesses. However, the availability of diverse tools and platforms working towards better recruitment has made it tricky to differentiate between each and narrow down the right one for your recruitment needs. Thus, having a better knowledge of the available tech and building a tech stack will help you improve your talent acquisition. Dive below to learn what exactly a tech stack is and how to build the ultimate one.

Recruitment tech stack – a new buzzword or a lifesaver?

With the hybrid and remote work cultures coming to light, it has become unimaginable to recruit employees without the help of technology. However, with new recruitment solutions popping up almost every day, it can get overwhelming for recruiters to select the right digital solutions for their hiring needs. Moreover, despite their best efforts, many recruiters find themselves armed with solutions that aren’t a good fit for their particular needs. This is where a recruitment technology stack comes into the picture. It is a combination of applications, tools, and platforms used to find, attract, and hire talent. Having the ultimate recruitment tech stack handy enhances the overall hiring process, enabling you to hire more qualified and worthy candidates – definitely a lifesaver for HR teams and professionals!

As there is no universal solution available or a recruitment tech stack that will work for every organization out there, you need to build your own. Although each company has its own unique hiring needs, it is possible to pinpoint certain commonalities to help organizations put together the right mix of tools and technologies that will work for them. Here are steps to consider while building your own ultimate recruitment tech stack.

Steps to building an ultimate recruitment tech stack

A sound understanding of what a tech stack is can help you build a compelling one. Consider these steps to get an edge in the competitive recruitment world.

Asking these questions will help you understand whether the current solution is working to your advantage and what you should consider while buying new technology for your hiring needs.

• Identify needs and challenges

• Create a technology backbone

• Review the available solutions

• Make key considerations

• Optimize the stack

5 Must-have tools for your recruitment tech stack

Recruiting is far more than just filling empty seats – it’s a strategic imperative. Attracting new mindsets, not only benefits the company but the whole administration. Consider these tools while building your tech stack.

1. Applicant Tracking System (ATS)

2. AI Sourcing Tool

3. Candidate Relationship Management (CRM) Software

4. Recruiting Chatbot

5. Virtual Assessment Tool

Source link to read more details about steps to building an ultimate recruitment tech stack & 5 tools for your recruitment tech stack - https://ehrs.exelatech.com/blog/recruitment-technology-how-build-ultimate-tech-stack

The bottom line

It’s always a wise decision to put employees first while building a recruitment tech stack. The better the candidate experience you provide, the longer you will be able to retain candidates in your organization. With the technology landscape continuously evolving, partnering with an experienced talent partner like Exela HR Solutions can help you build a robust tech ecosystem that works to meet all your HR needs and helps you prepare for what the future holds.

Get in touch with our experts today to learn more - https://ehrs.exelatech.com/contact-us