The proposed benefit of an applicant tracking system is analyzing and coordinating recruitment efforts - managing the conceptual structure known as Human Capital.
Applicant Tracking Systems may also be referred to as a TMS (Talent Management System) and/or Talent Platform and are often provided via a application service provider or software as a service (SaaS) model. The level of service and cost can vary greatly across providers. In the United Kingdom, this is often referred to as managed service delivery. The cost for these systems ranges from free applications to multi-million dollar comprehensive integrated solutions with annual contractual obligations. The cost is somewhat dependent on the number of users, Service Level Agreement SLA, degree of integration, and feature set. Training, appropriate reporting metrics, and development are primary concerns for providers.