‘Data is key in recruiting’
Hari Krishna Reddy tells VISHAL KATOCH that their job is to enable recruiters to increase the speed at which they hire the best candidates
Reason for this platform?
The talent acquisition industry faces an ongoing challenge with finding and hiring the best talent quickly. Recruiting departments of big companies have thousands of applicants with in their Applicant Tracking Systems (ATS) and limited methods and time for prioritising the best candidates for specific jobs. To add to all this, most of the candidate information in their ATS is outdated. We are a complete recruitment solution powered by analytics intelligence.
What is your USP?
We integrate seamlessly with a company’s (ATS) and stack ranks incoming job applications against open requisitions based on the past and trending hiring patterns of the company. That is not all. In addition to features like ATS mining, candidate correspondence, automated tasks, analytical and dashboard. It also provides the recruiter with additional insights like the summary and social data for each candidate. It automatically manages communication with candidates and keeps them engaged. These are the various factors which makes us one of a kind.
What are the issues and challenges in the recruitment sector that you address?
Recruiters have been spending hours manually going through tons of resumes against each job opening for years. Most recruiters use inaccurate Boolean searches and inefficient key word searches based on outdated job descriptions. Plus it’s very time consuming. We enable recruiters to increase the speed at which they hire, while reducing the number of hours spent on manual, tedious processes by 30 per cent, automatically reducing the cost to hire. It also helps them make great and data backed hiring decisions.
How difficult it is to get the best candidate through this online platform?
Data is the key in recruiting, and we aggregate and standardise the data for recruiters so that they stay focused on engaging and hiring top talent. It automatically manages communication with candidates and keeps them engaged. We use data science to learn the hiring pattern of a company and helps the recruiter find the best fit for an open requisition. It uses advanced technologies and helps put recruitment on auto pilot. Hence, the process becomes very simplified and yes makes it easier to get the best candidate.
What are some of the recent trends?
We have multiple ways to reach out the candidates there are chrome extensions there are social media there are lots of outboard hiring channels so reaching the candidate is very easy now as compared to15-20 years back scenario it was all manual. Now, the technology has evolved so much that offline mode will soon become a traditional mode of recruitment, because the competition has become so much that if you will delay you will lose the best candidate which Param and other online platforms don’t. So the trend is it is a candidate driven market the only thing is you need to aggregate and move fast.
What are the roadblocks?
Adapting to the technology is one of the things which we need to drive. Some people want to explore the technology, some people are not really keen to it but eventually the people have to accept the technology because technology makes our life simpler. These changes should be accepted as they are rapid they are technology driven and they are dynamic.
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