5/23/2023 0 Comments Desktime talent google![]() Fitscore eliminates the wasted time reviewing unqualified candidates, allows recruiters to focus on a shortlist of qualified candidates.Recruiters save 35% of their time, so they can focus on priority business needs.Rio aggregates the responses, stores a transcript of the conversation and updates the Fitscore for each candidate - saving recruiters the time that was previously spent painstakingly reviewing resumes, scheduling calls with candidates and interviewing to confirm requirements. Once a recruiter has reviewed the shortlist, they can automate Rio (chatbot) to connect with every matched candidate and further qualify them for the job. Fitscore) creates a shortlist of candidates that meet an acceptable amount of job requirements. Avrio’s proprietary matching algorithm (e.g. Avrio is able to reduce recruiter workload by 35%, using machine learning to identify the best matched candidates. Overview: Recruiters spend 60% of their time on administrative tasks, resume review, telephone screens and interviews. Solution: Avrio’s AI Platform including Chatbot Rio ™ ![]() Avrio AI empowers recruiters to focus on what they do best by replacing predictive, low-value add tasks Avrio AI Increases Recruiter EfficiencyĬhallenge: Recruiters are overwhelmed with application volume, which means they’re unable to give each candidates a thorough analysis and they’re forced to shortcut candidate engagement Recruiters are very good at high value, high cognition things like selling to hiring managers and working with high value candidates to get them hired. Candidates also reap the benefits of receiving individualized attention, faster turnaround times from the employer, while having their questions about the company, culture and further details on the job description answered in real-time. An AI chatbot is able to engage with individual candidates and ask job-specific questions during a screening interview on behalf of the recruiter. Screening calls are another relatively predictable task in the hiring process that could use the efficiencies created by Artificial Intelligence. Scheduling in itself is an administrative, low-value add task that steals recruiter time from higher-value add tasks. This means a larger number of candidates are considered and the assessment is holistic.ģ0% of a recruiter’s day is spent on scheduling and interviewing candidates. Avrio AI does a deep and broad analysis of talent data to accurately and fairly assess whether a candidate is qualified for a particular position. Incumbents in the staffing industry view Artificial Intelligence as a powerful technology that can drive profits for their businesses, as much as it is a long-term threat to their businesses.Ī recruiter spends approximately 6 seconds on average reviewing a resume, while only paying attention to generalized information like a candidate’s name, job title, company, employment history and education. Companies must focus on digitizing their business and leverage AI technologies like Avrio to improve and in some cases preserve profits. If this increase is taken as a projection of the growth in overall industry spend, Artificial Intelligence will be a key investment area for recruiting in the upcoming years promising significant business impact. In light of such a large shift in addition, 42% of firms plan to increase their HR tech spend in the upcoming year. This realization is reflected prominently in corporate spend on AI technologies, which are projected to grow to $47 billion by 2020, from only $8 billion in 2016. Its applications span technologies that can recognize images and process human speech”.Ĭompanies are beginning to see the value in adopting Artificial Intelligence to serve various business needs. “Artificial intelligence encompasses the techniques used to teach computers how to learn, reason, communicate and make decisions. Staffing Firms: Avrio AI increases your profit.
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