Fortunately, the systems are able to make meaningful sense of this datathrough their reporting functions.
This reporting covers a wide range of measures, from required reporting suchas EEO-1 to financial reporting such as average cost per hire. Whatdifferentiates vendors is the flexibility allowed in the reporting function.
On one end of the spectrum, some vendors provide a series of often-usedreports that are hard-coded into the system. Such simple reporting keeps overallsystem development and purchase costs relatively low. While this meets the needof most users, there are companies that require more robust and flexiblereporting. For these hard-core metric-minds, there are products that allowcustomizable reporting by the user.
This ranges from vendor-patented report writers within the individualproducts, to adaptations of common report writers like Crystal Reports. Forfurther slicing, data can even be exported directly to programs such asMicrosoft Excel or Access. Obviously, this flexibility comes at increased cost,but for those companies that take measurements seriously, is well worth it.
The ultimate goal of the reporting systems is to provide a way of measuringthe applicant tracking systems effectiveness. In the end, the product should beable to tell you where you stand in getting the right talent in the right amountof time for the least amount of money.