Manually processing and maintaining employment applications can be more costly than the annual fee of an applicant tracking system. A manual process can have hidden costs that can add up to wasted time, money, and fees.
Manually accepting employment applications consists of accepting applications, filing them, passing them onto hiring managers, filing them, passing them back to managers, filing them, adding notes, filing them; you get the idea. The potential for processing delays is great. Especially if you have several locations and it involves sending information via interoffice mail or faxing.
Data Entry Fees
How much time are you spending manually adding applicants into your payroll and/or HRIS system? Assuming you hire 50 employees a year and you have $20 of processing labor costs, you could be spending $1,000 just to add your new employees into a system.
Keeping manual documents requires constant shuffling of papers. All of this paper shuffling can turn into delays when the resume or application sits on the hiring manager’s desk or gets misplaced. The costs of missing key documentation is not only frustrating, but it could be costly.
Rehiring Fired Employees
Have you ever spent countless hours working with a candidate only to find out that they were a previous employee that was fired? I have. Let me tell you that it is not a good feeling, and it is likely to end poorly.