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Hiring is a universal business challenge across all industries. This is why 90% of organizations invest in human resources technology, with recruiting and retention being the top challenges driving human resource technology acquisition. This includes applicant tracking systems: hiring software built to optimize, strengthen, and automate recruiting. While many organizations are happy to purchase a prebuilt applicant tracking system for their hiring needs, recruiting is more than just a one-size-fits-all process. There has been an uptick in organizations looking to build their applicant tracking systems from the ground up for their customers or end users. Here at HiringThing, we’ve built an applicant tracking system from the ground up and know how much time, energy, and money it took, so in this video, we wanted to share the time and monetary costs of developing hiring solutions and provide an alternative that could circumvent development costs. Learn more about our private label ATS: https://www.hiringthing.com/private-l... 00:00 Introduction 00:16 What is an applicant tracking system (ATS)? 00:37 Our experience building an ATS 00:50 How much does a minimum viable product (MVP) cost to produce? 01:35 The monetary costs of an MVP 02:07 The time costs of an MVP 02:32 White labeling an ATS can help circumvent building costs 02:47 How white labeling works 03:13 How can HiringThing help?