Why didn’t I look here first?
Ever start a home improvement project or even go to the grocery store to purchase a bunch of supplies only to discover when you get home that you already had everything you just purchased? It’s frustrating and never a good use of resources. You always think, why didn’t I look here first?
Making use of your existing resume data has become a popular approach over the last few years. It will be even more important in 2019 and beyond. With companies like Restless Bandit and their Talent rediscovery platform and also Hiretual which consolidates all talent pools to combine data from a company’s internal systems, the market will see more and more efforts at rediscovering candidates that you already have. Candidates were always told their resume will be kept on file but it often meant the resume would be deleted. Today, it may mean that the company will be actually parsing job descriptions as they get them. Matching the parsed job descriptions against the existing candidate pool then becomes the first step in the matching process.
Job boards, recruitment firms and networking sites parse and re-parse resume and CV data. The process continuously provides their searching algorithms with fresh, complete and relevant data. And we are now seeing this trend on the enterprise side as well. Just as any company continuously provides good and relevant content on their website and enables Internet search engines’ delivery of the most relevant and desired search results, having current resume data is key to building the foundation for any AI-based talent industry tool. HireAbility’s ALEX resume, CV and job parsing software has been helping customers across the globe to build the foundation of their technology for two decades. How companies use this data will continue to evolve as the market defines the role of AI in recruiting.