Many companies have proven over the last few years that the customer relationship management software is not the perfect fit for every company. Today, there are many companies who are trying to compete against the growing power of e-commerce and social businesses. In order to stay ahead of your competition, you need to switch from your current customer relations management software to candidate relationship management software. CRM for recruiters has become a staple in most organizations these days. The problem with it is that it’s very vendor-centric, which means that switching over will be difficult at best and tedious at worst. However, this doesn’t mean you should give up on improving your customer interactions and data quality. Switching from your current CRM software means implementing a third party solution instead of spending more time struggling with vendor integration issues, etc.
What Is Candidate Relationship Management?
Candidate relationship management is when you have an automated system for managing your candidate data. You send emails to all candidates who have applied for specific positions, collect their data and store it in a CRM system. Candidate relationship management systems track the data you collect from candidates via emails and add it to your CRM system. What makes candidate relationship management different from CRM is that the system stores data about a candidate without offering an employment contract. CRM systems track the data of your employees while they are in the employment contract, but CRM systems do not track data of candidates who have applied for a position and have not signed a contract.
Why You Should Switch From Your Current CRM to a CRS?
There are multiple benefits of switching from your current CRM to a candidate relationship management system. First, you’ll be saving money using a CRM system that’s out of date. Next, you’ll be increasing your ROI for each hire, as you’ll be able to see who the best candidates are before bringing them on board. Last, but certainly not least, you’ll be able to capture new leads and candidates, which will only help your company grow.
How to Select the Best CRS for Your Organization
Before switching from your current CRM to a candidate relationship management system, you will have to evaluate your current situation and make a list of what you want to achieve with the CRM. There are many things you will have to take into consideration before you choose the best candidate relationship system for your company. Below, we have listed a few to help you make an informed decision. – Sourcing – How the CRM helps you source candidates. Are you looking for specific skills? Do you have open positions that need to be filled? Is the company’s hiring strategy clear? Do you want your CRM to help you with hiring and managing employee engagement? – Communication – How will the CRM help you communicate with your candidates. Do you want to collect more information about the person? Does the CRM have a communication feature that allows you to send messages to your candidates? – Candidate Management – How the CRM helps you manage candidates. Does the system store data about
your candidates for you? Does the system allow you to manage their data? – Industry-Specific Features – Does the CRM have features that makes the transition from job to job seamless? How easy is it to use the system?
Advantages of CRS over CRM
– Better ROI – The candidate relationship management software allows you to see who the best candidates are before hiring them. You will be able to select the best candidates for open positions and increase your ROI. – Save Time – You will not have to spend time on the tedious tasks that come with CRM such as transferring data, designing the user interface, etc. The CRS will take care of these activities for you. – More Flexibility – The candidate relationship management software is more flexible than the CRM. You can use it to manage your candidates across a variety of industries. – Integrated Solution – A candidate relationship management system is integrated with your current business process. This means that data that goes through your workflow will be automatically transferred to the CRS.
Disadvantages of CRS over CRM
– Complexity – The candidate relationship management system is more complicated than the CRM. You have to understand how the system works and learn the ropes of the system in order to use it effectively. – Vendor Dependency – Most CRMs are dependent on the vendor for implementation. The vendor, however, changes over time, which means that you have to switch over to a new vendor every few years. A CRS is vendor-agnostic and doesn’t have any long-term dependencies on the vendor. – Not Scalable – The candidate relationship management system is not scalable. You can use the system for a small business and then scale it up once your business grows. An out of date CRM system, however, will limit your growth potential.
Conclusion
Candidate relationship management /Recruiterflow software is the perfect replacement for your current CRM. The system will store information about your candidates, allow you to communicate with them, and manage their data. The candidate relationship management software is a better solution for many businesses than the CRM system, as it offers more features for less money. However, you will have to spend time learning how to use the system and that might not be worth it for some businesses.