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Read on to get our list of the top AI recruitment tools on the market today.
Official stats states that there are more than 11 million job vacancies in the US alone. And the number of active jobseekers accounts for 3x the same number.
That’s tough.
But guess what’s tougher?
Being an Employer. HR personnel and employers have always had a hard time surfing through what seems like a never-ending list of CVs and Resume.
All for finding that one candidate fit for the role.
To help resolve this issue, modern technology has come up with an impeccable solution for HR teams and recruiters.
AI-recruitment tools.
Now, employers and HR personnel can seamlessly experience automated hiring, making it easier to find a candidate that suits an open position for an organization.
So what exactly are AI recruitment tools?
Do they automate complex hiring processes?
If yes, what are the best AI recruitment tools available in the market?
Let’s find out.
What is AI Recruitment?
AI for recruitment is the application of Artificial Intelligence in talent acquisition, where machine learning solutions can shortlist the preferred candidate and reduce repetitive tasks in the pre-screening process while continually offering data-driven insights throughout the hiring process.
What is AI Recruiting Software?
In basic terms, it is software powered by Artificial Intelligence that automates sourcing and matching candidates with the right roles and provides real-time insights within each hiring process step.
How is this made possible?
AI analyzes data from various sources – including resumes, job descriptions, accumulated data throughout the screening rounds, and many more – to find potential trends and patterns.
How can AI help the Talent Acquisition team?
- Sourcers can use AI to identify potential candidates by customized insights that help categorize applicants based on requisite skillsets.
- Screening can be automated using AI, with video interviews being conducted by chatbots or virtual assistants.
- AI tools can help reduce unconscious bias in recruitment by considering a wider range of factors when matching candidates for different vacancies.
As you can see, the whole point of employing AI in recruiting is to increase the quality of hires and reduce the friction with repetitive tasks.
What is the role of smart recruitment?
Even two decades into the Dotcom Bubble, HR practitioners and recruiters are still searching for practical technologies to help alleviate the pain points of conventional screening procedures.
Ever since Artificial Intelligence and self-learning technology have made their way into the recruitment space, it’s no longer the same.
AI recruitment tools reduce manual errors and bias within the hiring rounds, thereby accelerating efficiency within the recruitment process for the organization.
Here are three ways how recruiters can leverage AI to make effective recruitment choices –
1 – Consistent Applicant Screening
AI helps streamline and standardize the entire screening rounds in a simplified manner.
By using data-driven methods to identify the key characteristics associated with a role’s potential success, self-learning solutions powered by AI reduce screening bias and prejudice and ensure all eligible candidates are given equal consideration for the role.
2 – Leveraging proven performance data
Rather than wasting the recruiter’s time with multiple rounds of interviews and calculated guesswork, AI can analyze past performance data, thereby identifying potential patterns that may indicate a candidate’s likelihood to succeed in a role.
This information can then shortlist candidates, ensuring that only the most qualified individuals are considered for a position.
3 – Diverse Talent Pool
When it comes to hiring the right talent in an ever-evolving, competitive job market, organizations need to be more than willing to take an extra leap to acquire the best candidates out there.
AI makes up a solution for one such way to attract high-quality candidates by assisting in hiring through a diverse talent pool.
Rather than relying on subjective criteria like gender, race, or age, AI allows recruiters to easily pre-screen all the applicants, engage with them and build talent pipelines of interested and qualified individuals.
It helps with making more objective decisions about the right set of applicants that may proceed to the next stage of the hiring process.
Key features of AI recruitment software
As the war for top-tier talent rages, organizations turn to advanced recruitment solutions to help them source and hire top candidates.
AI tools make up many of these so-called “advanced solutions” for recruiters.
With that said, here are five key features of AI-powered recruitment tools –
Job Posting
Having concise, clearly-defined content for job poster accelerates the output of a recruitment session by a huge margin.
AI-based tools can help to optimize Job posters by analyzing the language used in successful postings and using this information to create new ones that are more likely to attract top candidates.
AI tools can also help to identify keywords and specific skill sets that should be included in postings. It also enables the recruiter to track changes in the job market and provide recommendations on how postings should be updated to attain relevance.
Resume Parsing
A resume is every recruiter’s first impression of a candidate and can often be that deciding factor in proceeding through subsequent rounds.
However, sifting through resumes can be time-consuming, particularly when there are many applicants for a single role.
Resume parsing provided by AI tools allows recruiters to seamlessly extract key information from resumes, such as work experience, educational qualifications, and key skills relevant to the role.
It could cut down the hours of repetitive efforts and help identify potential red flags, such as employment gaps or inconsistent job titles, thereby accelerating the overall efficiency of the recruitment round.
ATS Integration
By integrating an Applicant Tracking System (ATS) with the software, recruiters can identify the most qualified candidates and flag applicants who may be a poor fit for the position.
On top of that, ATS integration can help the software assess a candidate’s cultural fit and the likelihood of success in the role, thereby increasing hiring credibility and accelerating candidate discovery.
Candidate Sourcing
AI tools use analytics to identify potential candidates and provide data-driven insights into a candidate’s skills, experience, and fit for a role.
This allows recruiters to generate a list of qualified candidates quickly and also provides the ability to find “passive” candidates who may not be actively searching for new job opportunities.
Interview Management
In terms of interview management, AI-powered tools help identify patterns in questions and answers, along with scoring and ranking candidates based on their answers.
Self-learning solutions can also provide real-time feedback to interviewers during the screening rounds. A constructive feedback system improves the quality of interviews and ultimately makes up for better hiring decisions.
Seekout
SeekOut is an AI-powered Talent 360 platform that allows enterprises to quickly identify, assess, and hire candidates with the desired skillsets and qualifications.
SeekOut can filter candidate pools based on work history and location. The AI technology does the job of sourcing the right talent tailored to your company’s requirements for an ideal candidate.
Features
- Best-in-industry AI Talent Search Engine.
- Talent Analytics for Data-Savvy Recruiters.
- Unified Solution with ATS Rediscovery.
Pricing
SeekOut offers three different subscription plans:
Basic: $99/month
Pro: $499/month
Enterprise: Custom pricing
The Basic and Pro plans come with a 14-day free trial and can be availed upon Demo request.
Arya
From sourcing to screening and interview management, Arya is that one-stop solution your organization could rely on for all your recruiting needs.
Unlike traditional methods that rely on resumes and job boards, ARYA uses advanced machine learning technology to identify the best candidates for a role by considering the right blend of skills, experience, and fit.
Features
- Strategic feedback implementation.
- Configurable Workflow.
- Real-Time Analytics.
Pricing
Available upon Demo request.
Hiretual (HireEZ)
HireEZ is an AI-powered outbound recruitment platform that allows hiring teams of all sizes to find the best-fitting candidates for their organization.
With HireEZ, you can automate your recruitment campaigns with templates, sequences, tracking, and calendar scheduling.
The HireEZ talent data cloud lets you centralize, refresh and rediscover previously siloed data.
Features
- Collaboration Tools.
- CRM Integration.
- Contact Database.
- Customizable Templates.
Price
Starter- 0$
Standard- monthly: $79/month. / Annual: $49/month
Professional- monthly: $199/month / annual: $149/month
Enterprise- Upon custom request.
Free Trial and Free Chrome Extension are available.
Ceipal
Ceipal is an AI recruitment tool that helps organizations manage their entire recruitment and onboarding lifecycles.
The platform enables recruiters to create customizable hiring approval workflows for multiple vacancies and track requisition statuses through real-time notifications.
Ceipal’s AI algorithms help identify the best candidates for each role by matching them with the organization’s culture, values, and preferences.
Features
- Performance Management
- Matching Engine
- Resume Posting
- Succession Planning
- Onboarding
Price
1-5 users: $24/user/month
6 – 50 users: $21/user/month
50+ users: $19/user/month
Xor
XOR is the perfect AI recruitment tool for attracting, pre-screening, and scheduling the best candidates for real-time interviews with the hiring manager.
XOR’s intelligent algorithm evaluates candidates to ensure they match your role perfectly.
AI contacts of XOR engage with candidates proactively, taking into account the location and the requirements for the position to choose the right fit for you as a recruiter on behalf of the organization.
Features
- 360 Degree Feedback
- Live Video Interview
- Internal HR
- Applicant Tracking
- Assessment Management
- Background Screening
Price
Available upon Demo request through the official website.
Turbohire
Turbohire helps businesses to sift through resumes and identify the most qualified candidates for open positions.
The platform provides automated workflows and recruitment processes, making it easy for businesses to manage the entire recruitment process from start to finish.
With over 85+ customers globally, TurboHire’s AI-based talent acquisition software is designed to help businesses of all sizes to streamline their recruitment workflows through automation and self-learning technology.
Features
- Job Requisition
- Real-Time Reporting
- Pipeline Reports
- Activity Tracking
- Applicant Tracking
- Background Screening
Price
Basic – $45/user/month
Pro – $65/user/month
Premium – $99/user/month
Enterprise – Upon request
Paradox.ai
Paradox.ai is a new-age AI recruitment tool that uses self-learning solutions to analyze candidates’ CVs and make appropriate hiring decisions.
Paradox aims to change the conventional recruitment space with a more humane touch. Olivia, the company’s conversational assistant, helps to streamline tasks such as screening and interview scheduling, making recruitment sessions quicker and easier for both parties.
Features
- Candidate Management
- Customizable Branding
- Lead Management
- Recruitment Management
- Reporting & Statistics
Price
Available upon request through the website.
iSmartRecruit
iSmartRecruit is one of the finest AI-based recruitment tools to attract, nurture, and hire top talent for your business.
It provides best-in-class assistance and tailored training sessions and is equipped with advanced feature sets like AI-based profile matching and automated resume parsing.
Features
- Marketing Automation
- Automated Resume parsing
- Pipeline Management.
- Two-way email synchronization.
Price
Startup – $10/Month/User
Professional – $20/Month/User
Enterprise – Contact their sales team for more info.
Zoho Recruit
Zoho Recruit is a talent acquisition system that helps recruiters with sourcing, tracking, and hiring the best candidates.
It offers complete solutions for both in-house recruiters and staffing agencies. With Zoho Recruit, you can customize every aspect of your workday and automate tasks like sending emails, updating interview status, and more.
Features
- Publish to premium job boards
- Source quickly with source boosters
- Create your company’s careers page
- Design pre-screening assessments
Price
Free Trial for 15 days
Free Edition – $0
Standard Edition – $25/user/month.
Professional Edition – $50/user/month
Enterprise Edition – $75/user/month
What is AI Recruiting Software?
AI Recruiting Software is a tool that uses artificial intelligence to help businesses find the best candidates for open positions.
What is the role of smart recruitment?
The role of smart recruitment is to streamline the recruitment process by automating tasks and making it easier for businesses to find qualified candidates.
What are the key features of AI recruitment software?
Some key features of AI recruitment software include applicant tracking, assessment management, background screening, and interview management.
What is the top 3 AI recruiting software tools?
Top AI recruiting software tools includes TurboHire, Zoho Recruit, and iSmartRecruit.
How much does AI recruitment software cost?
The cost of AI recruitment software varies depending on the features of the tools you would require. Some companies offer free trials or free editions of their software, while others charge a monthly fee per user.
How can I get started with AI recruiting software?
The best way to get started with AI recruiting software is to sign up for a free trial or request a demo from one of the leading providers. It will allow you to explore the features and benefits of the software before making a decision.
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