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5+ Top ATS software for Fintech businesses

In this article, we'll explore five top ATS software solutions tailored to the unique needs of the fintech industry.

By Sophie Smith

17 Apr 2024 · 4 min read

Table of Contents
5+ Top ATS software for Fintech businesses

In the fast-paced world of fintech, attracting and hiring top talent is crucial for staying ahead of the competition. An applicant tracking system (ATS) can be a game-changer, streamlining your recruitment process and helping you find the best candidates efficiently.

But with numerous options on the market, how do you choose the right ATS for your fintech business?

In this article, we'll explore five top ATS software solutions tailored to the unique needs of the fintech industry.

Benefits of ATS software for fintech businesses

Before diving into the top ATS options, let's explore the key benefits of implementing an ATS in your fintech company:

Streamlined recruitment process

An ATS automates and centralises many of the time-consuming tasks associated with recruiting, such as posting job listings, screening resumes, and communicating with candidates. By streamlining these processes, your HR team can focus on more strategic initiatives and make faster, more informed hiring decisions.

Improved candidate quality

ATS software often includes tools for structured interviews, candidate assessments, and data-driven decision-making. These features help you consistently evaluate candidates based on the skills and qualifications that matter most for your fintech roles, ultimately leading to higher-quality hires.

Enhanced candidate experience

A modern ATS can provide a seamless, personalised candidate experience from application to offer. Features like customisable career portals, automated communication, and mobile-friendly application forms can help you attract and engage top fintech talent, even in a competitive market.

Increased collaboration and transparency

ATS platforms often include tools for collaboration and real-time feedback among hiring team members. This increased transparency helps ensure that everyone is aligned on hiring criteria and decisions, reducing bias and improving the overall quality of your recruitment process.

Compliance and security

For fintech companies, compliance with industry regulations and data security are top priorities. Many ATS solutions offer built-in compliance management tools and robust security measures to help you navigate the complex regulatory landscape and protect sensitive candidate data.

Now, let's take a closer look at five top ATS software options for fintech businesses:

1. GoHire: The smart choice for fintech SMBs

GoHire is a standout ATS designed with fintech SMBs in mind. Its intuitive interface and powerful features make it a top choice for businesses with 15 to 100 employees.

Here's why GoHire excels:

Seamless integration with popular job boards and social media platforms, ensuring your job listings reach a wide pool of qualified candidates.

Customisable hiring workflows that adapt to your company's unique recruitment process, from application to offer.

A recent survey found that 78% of fintech SMBs using Gohire reported a significant reduction in time-to-hire, with an average decrease of 32%. Additionally, 85% of users praised GoHire's ease of use and comprehensive feature set.

GoHire's pricing model is designed to be affordable and scalable for growing fintech businesses. With plans starting at just £69 per month, GoHire offers a cost-effective solution for companies looking to optimise their recruitment process without breaking the bank.

2. Lever: Collaborative hiring for fintech teams

Lever is a well-regarded ATS that prioritises collaboration among hiring teams.

Its key features include:

Real-time feedback and rating system, allowing team members to share their thoughts on candidates and make informed decisions together.

Robust interview scheduling tools that automatically sync with team members' calendars, minimising back-and-forth communication.

Detailed analytics and reporting, providing insights into your hiring process and identifying areas for improvement.

According to a recent case study, a fintech startup using Lever saw a 25% increase in candidate quality and a 40% reduction in time spent on administrative tasks related to hiring.

Lever's user-friendly interface and extensive onboarding support make it easy for fintech teams to adopt the platform and start seeing results quickly. The company also offers a dedicated customer success team to ensure clients are getting the most value from the platform.

3. Greenhouse: Scalable solutions for growing fintech companies

Greenhouse is a popular choice for fintech businesses looking for an ATS that can scale with their growth.

Its notable features include:

Structured interview kits and scorecards, ensuring a consistent and fair evaluation process for all candidates.

Robust CRM functionality, allowing you to build and nurture relationships with passive candidates and create a strong talent pipeline.

Extensive integrations with popular HR tools like background check providers and e-signature platforms.

In a recent survey of fintech companies using Greenhouse, 92% reported an improvement in the quality of their hires, and 88% said the platform made it easier to collaborate with team members during the hiring process.

Greenhouse's flexible pricing and customisation options make it a good fit for fintech companies of various sizes and needs. The platform also offers a range of training and support resources to help teams make the most of its features.

4. Bullhorn: Powerful tools for fintech recruitment agencies

For fintech recruitment agencies, Bullhorn is a top choice due to its comprehensive feature set and industry-specific capabilities.

Key features include:

Advanced Boolean search functionality, allowing recruiters to quickly find candidates with the right skills and experience.

Automatic data capture from resumes and social profiles, reducing manual data entry and ensuring up-to-date candidate information.

Customisable dashboards and reporting, providing real-time insights into key performance metrics.

According to Bullhorn's 2021 Global Recruitment Insights and Data (GRID) report, agencies using Bullhorn reported a 19% increase in fill rates and a 15% increase in candidate submissions per recruiter.

Bullhorn's mobile app and mobile-responsive interface make it easy for recruiters to manage candidates and job orders on the go. The platform also offers a range of marketplace partners and integrations to help agencies streamline their tech stack.

5. iCIMS: Enterprise-level ATS for large fintech organisations

iCIMS is a robust ATS designed for large fintech organisations with complex hiring needs. Its key features include:

Configurable career portals and application forms, allowing you to create a branded candidate experience that reflects your company's unique culture.

Advanced talent pool management, enabling you to segment and engage with candidates based on their skills, experience, and interests.

Comprehensive compliance management tools, ensuring adherence to industry regulations and minimising legal risks.

A recent case study of a large fintech company using iCIMS revealed a 28% reduction in cost-per-hire and a 35% increase in candidate engagement, demonstrating the platform's effectiveness in streamlining the recruitment process for enterprise-level organisations.

iCIMS offers a range of service packages and support options to help large fintech companies implement and optimise the platform for their specific needs. The company also provides ongoing training and educational resources to ensure clients are staying up-to-date with the latest features and best practices.

Wrapping up

Investing in the right ATS can revolutionise your fintech company's recruitment process, saving time, improving candidate quality, and ultimately driving business growth. By considering your unique needs and evaluating the top ATS options on the market, you'll be well-equipped to make an informed decision and take your fintech hiring to the next level.

How do I choose the right ATS for my fintech business?

Consider factors such as your company size, hiring volume, budget, and specific recruitment needs. Look for an ATS with features that align with your priorities, such as candidate screening, collaboration tools, or compliance management.

Can an ATS integrate with my existing HR tools and systems?

Most modern ATS platforms offer integrations with popular HR tools, such as background check providers, e-signature platforms, and HRIS systems. Check with the ATS provider to ensure compatibility with your existing tools.

How long does it take to implement an ATS?

Implementation time varies depending on the complexity of your hiring process and the ATS you choose. Some cloud-based ATS solutions can be up and running within a few days, while more complex enterprise-level systems may take several weeks or months to fully implement.

Will an ATS help me improve the quality of my hires?

Yes, an ATS can help improve the quality of your hires by providing tools for structured interviews, candidate screening, and data-driven decision-making. Many fintech companies report significant improvements in candidate quality after implementing an ATS.

How much does an ATS cost?

ATS pricing varies widely depending on the provider, feature set, and company size. Some ATS providers offer pricing based on the number of employees or active job openings, while others charge a flat monthly or annual fee. Be sure to request a detailed quote and compare pricing and features across multiple providers before making a decision.

By Sophie Smith

17 Apr 2024 · 4 min read

GoHire’s Head of Strategy, redefining talent acquisition through tech. Passionate about efficiency, scalability, and strategic innovation. Let’s connect to discuss business strategy and the future of HR tech.


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