Private Label ATS Enhances HR Tech Companies
A Private Label ATS Solves Hiring Challenges
A private label applicant tracking system (ATS) can help solve the hiring challenges businesses face.
What is An ATS?
An ATS is human resource software that helps companies organize, automate, and optimize the recruiting process. An ATS provides a centralized repository for job candidate data, including resumes, applications, references, background checks, and whatever else an organization requires to make a hire. An ATS helps businesses create job postings, post jobs, track candidates, and guide both sides through the hiring process.
What is Private Labeling?
Private labeling is a contractual relationship with a vendor that allows you to place your brand colors and logo on the vendor’s product, typically at a pre-negotiated fee. Developing brand new applicant tracking software can be costly, requiring you to dedicate scarce time and employee resources toward the design of a highly complex software system. Instead of reinventing the wheel, a private label applicant tracking system allows you to add recruiting tools to your current HR tech stack in a fraction of the time, helping your clients hire quickly and easily.
Why Your HR Tech Stack Needs an ATS
Integrating an ATS into your existing solution will allow you to become a single-source HR solution, and allow you to provide your clients with the advanced features that they need to hire the best candidates. Additional benefits include:
Seamless Integration
Adding an ATS to your existing solution will allow you to synchronize data across your applications and provide a smooth, timely, reliable flow of information and communication across your organization.
Increased Client Stickiness
Expanding your offering to include hiring software will provide efficiency, dependability, and convenience to your existing client base. You will be less likely to experience churn with clients who are accustomed to using a fully integrated solution.
Increase Revenue
Offering a robust ATS has the ability to help you expand your potential revenue, as you will be able to attract more clients, especially those who are specifically seeking core ATS functionality.
The Benefits of a Private Label ATS
When it comes to private labeling, you have a choice in deciding if it’s the best option for your business. Developing brand new applicant tracking software from scratch has high upfront costs and resource needs that will take a long time to recoup. It’s important to consider monetary costs and opportunity costs, flexibility, quality control, expertise, and scaling in a make vs. buy decision. If you’re still unsure if a private label ATS is cost-effective or even a good fit for your organization, consider the following:
Take Advantage of an Expert Team
Paying an ATS for its knowledge and expertise will keep you from wasting energy on product development that is outside of your core offering. It’s much easier to slap your brand name on someone else’s quality work and reap the benefits.
Save Time and Money
A private label applicant tracking system will allow you to provide a single offering to clients in just a few weeks, while also saving time and money on allocated resources for new software development.
Reduce Stress
If something goes wrong or a client has questions or concerns, the right ATS partner will take responsibility and quickly provide resolution. Be sure to collaborate with a vendor that offers dependable support and team trainings so you can enjoy the benefits worry-free.
Focus on Core Competency
There is usually a steep learning curve surrounded around complex HR laws in the applicant tracking space, along with the significant amount of effort involved in navigating third-party integrations such as job boards. Private label applicant tracking systems will build, optimize, and expand its product and overall functionality while allowing your organization to focus on the things you excel at. It’s a win-win for everyone!
Our in-depth report Private Label ATS: A Strategic Approach to Revenue Generation, goes into much deeper detail on the costs and benefits associated with integrating a private label applicant tracking system.
The HiringThing Advantage
HiringThing is a modern recruiting and employee onboarding platform as a service that creates seamless talent experiences. Our white label solutions and open API enable technology and service providers to offer hiring and onboarding to their clients. Approachable and adaptable, the platform empowers anyone, anywhere to build their dream team.. Start your free trial today! Schedule a demo today to talk to an expert about our private label hiring solutions.