In the Medical Technologies, Manufacturing and Automation industries, Food Chains, and Data Analytics departments, AI integrations have made headlines, but very little is discussed regarding its use in the HR and Recruitment process. Let’s briefly discuss the functions and tools of AI that can integrate into ATS to enhance its functionality before we get into the benefits of AI integration.
Recruiting quality candidates through intelligent screening
By integrating AI into your recruitment functions, you can identify candidates that are best suited to your talent acquisition practices. The idea is to use AI tools to conduct intelligent background checks on your employees and staff so that the company can generate a trend or pattern based on which to hire new talent. Several parameters are considered when creating this pattern, including past experience, skill set, certifications obtained, etc. These trends enable the intelligent AI tools to screen thousands of applications in a matter of hours, shortlisting only the best candidates to save organizations time and resources. As a result, a crucial phase of talent acquisition can efficient complete with less input from HR recruitment teams.
Even if a company invests a great deal in its HR processes, it still cannot be as efficient as it could be. Due to poor communication and candidate experience, these limitations result in the loss of a considerable chunk of the talent pool. For a better candidate experience, organizations can implement smart and intelligent chat and voice bots that are active 24/7 to address this inefficiency. Through learning from communication datasets, these AI-powered chatbots detect the intent and emotions of messages.
This way, not only will every candidate receive a response on time, but this automation will provide a natural and human-like communication experience. Artificial intelligence integrations can improve the applicant experience with your company in this way.
Online interviews powered by artificial intelligence
Top recruitment automation software provides multiple tools to optimize talent acquisition processes and conduct online interviews of shortlisted candidates in an effective manner. Recorded responses, for example, would allow the candidate to perform at his or her best. The latest AI integrations in HR and recruitment CRMs allow candidates to screen based on audio-visual parameters such as their choice of words. facial expressions, nature, and tone of voice that meet the role profile and degree of alignment to the culture and values of the workplace. That’s pretty scary, isn’t it?
The purpose of this brief overview was to demonstrate which functions. AI can optimize which segments of the talent acquisition process. Here are a few benefits of integrating artificial intelligence into your applicant tracking system to improve its efficiency, performance, and effectiveness.
Diversity and inclusion in the workplace
All human resources and talent acquisition teams in companies ensure that all incoming candidates treat equally. Even though we tend to act neutrally, there is always a little bias due to multiple factors. Candidates from a certain demographic may stereotype based on past experiences with candidates from that demographic. The company may also lose some potential candidates due to geographical bias and stereotypes.
In order to optimize recruitment outcomes, AI is equipped with a variety of tools. Furthermore, AI does not suffer from biases, which is one of its ground-breaking advantages. However, AI doesn’t discriminate against candidates with any prejudice even when it works 24/7. As a result, diverse employees recruit as part of the talent acquisition process. Additionally, it complements the organization’s equal opportunity policy.
Candidates’ experience has to improve
Using these chatbots improves your company’s digital identity by improving the candidate experience. In contrast to HR employees who are available only during office hours to answer questions, smart bots are available 24 hours a day 7 days a week. Artificial intelligence is use to continually enhance these bots’ interactions across channels to provide a natural and human-like experience. Intelligent bots can divide into the following types:
- Artificial intelligence (chatbots)
- Automated voice assistants
- Bots that are context-sensitive
The KPIs for Talent Acquisition has to improve
In order to achieve the respective KPIs efficiently, you can integrate AI into your existing talent acquisition system. Through AI integrations, for example, time-to-hire can improve by sifting through heaps of applications quickly. It is possible for artificial intelligence to parse applications based on several keywords at the same time. Additionally, you can save human resources at the same time by optimizing other recruitment KPIs such as quality-of-hire and cost-per-hire.
Using AI integrations, companies can improve their hiring process by integrating preferred KPIs. According to the organizational KPIs significance, the AI will process. Therefore, your hiring process can reach its most important milestones autonomously. Recruiters can extract valuable information about candidates using AI-powered online interviews. Various sources of information use to gather this information, such as facial expressions and word choices.
Talent acquisition processes are about to get smarter with AI integrations. In order to engage the largest talent pool, companies are already utilizing artificial intelligence technologies. Applicant tracking systems are therefore more effective and efficient when applications are scrutinized thoroughly, candidates are more satisfied, and CV parsing software is improved.
