To add to this:
Applicant's who do spend time authoring a well formatted application are seemingly under served by the website-submission process that completely garbles and incorrectly re-formats their applicant documents. Very frustrating and demotivating for the next submitted app. Moreover, they may not even discover that the website ruins their document.
I think there's a disruption opportunity here to provide a HR Applicant Service that doesn't force consumes to blindly copy-paste blobs of text into large free text fields. Just consume and index PDF documents.