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Applicant Tracking System vs Recruitment Management System

February 22, 2022

Applicant Tracking System vs Recruitment Management System

So, you need software to manage your recruitment process. But which one should you choose? Applicant Tracking System (ATS) or Recruitment Management System (RMS)? Both have their advantages and disadvantages, and deciding which one is right for you can be a daunting task.

Don't worry, the Flare Compare team is here to help! We've put together a no-nonsense comparison between ATS and RMS, so you can make an informed decision.

What is an Applicant Tracking System?

An Applicant Tracking System is software that streamlines the recruitment process by managing job postings, resumes, and candidate communication. ATS software automates everything from job posting to resume screening and interview scheduling.

What is a Recruitment Management System?

A Recruitment Management System is software that manages the entire recruitment process, from job posting to onboarding. RMS software provides recruitment analytics and performance tracking, as well as compliance reporting tools.

Applicant Tracking System vs Recruitment Management System: The Comparison

Features

Applicant Tracking Systems are more focused on managing the application process. Most ATS software automates the collection, screening, and ranking of resumes. This helps to reduce the administrative burden on HR teams and speeds up the recruitment process.

Recruitment Management Systems, on the other hand, offer a more comprehensive solution. RMS software allows employers to manage the entire recruitment process from job posting to onboarding. It provides recruitment analytics and performance tracking, as well as compliance reporting tools.

Cost

The cost of ATS varies depending on the features offered. Most ATS software is priced per user per month, with packages starting from $50 per month. The cost of Recruitment Management Systems is also varied, but it generally tends to be more expensive than ATS. An RMS can cost from $100 to $300 per user per month depending on the features needed.

Market share

According to data from Capterra, the top three Applicant Tracking System software vendors by market share are Oracle Taleo, iCIMS, and Greenhouse. These three vendors alone occupy more than 50% of the ATS market.

However, the market share of Recruitment Management System software is less clear. This may be because there is less consensus on what constitutes an RMS. Some vendors offer "Recruiting CRM" or "Talent Acquisition Suite" software, which are similar but not necessarily the same as an RMS.

Usability

Early ATS systems were designed specifically for recruiters and required significant manual input. But newer ATS software has improved usability by automating many of the recruitment processes, making it more intuitive and efficient for HR teams.

Recruitment Management Systems, on the other hand, can be more difficult to set up and use. This is partly due to the wide range of features offered by RMS software, which can take time to learn and set up.

Conclusion

Both Applicant Tracking Systems and Recruitment Management Systems can offer significant benefits to HR teams. An ATS is ideal for smaller organizations, while an RMS is better suited for larger companies with more complex recruitment processes.

Ultimately, the decision between ATS and RMS will depend on your specific recruitment needs. Consider the size of your organization and the complexity of your recruitment processes when making your decision.

And that's our comparison, folks! We hope this has helped you make an informed decision, and as always, keep Flaring your way to success!

References

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