AI Recruiting

Great businesses start with extraordinary teams of talented people. Team building can be a top priority of many entrepreneurs and seasoned executive managers. While human resource strategies and best practices may vary across different industries, it has come to the spotlight in recent years that the adaption of leading AI technology is the emerging approach that leads to exponentially higher productivity.  

AI Recruiter is an unbranded name been used by many leading human resource software-as-a-service (SaaS) development companies on their recruiting automation SaaS products, which has most recently been upgraded with relevant artificial intelligence (AI) features. 

The human resource SaaS development companies refer to the job candidates sourcing and hiring automation SaaS product as “AI Recruiter”. The naming of a product says a lot about the data methodology, technical algorithm, product design and even the service model behind such SaaS product offering. 

A recruiter is the person who is a member of a company’s HR department and is in charge of sourcing, attracting, communicating with, and hiring of job candidates. While an AI Recruiter typically refers to the web cloud-based information system that serves as the recruitment workstation of a human HR professional. 

There are two prominent use cases where the value of AI Recruiter shows the most: high growth startup use case and high volume enterprise use case. 

Founders of fast-growing startup companies frequently face decisions regarding resources allocation. Unlike their enterprise counterparts, which have steady cash inflows from established revenue streams, the startup companies often need to handle restrict funding challenges. 

The good news is that the C-suite executives and founders of early-stage startup companies, who are young generation millenniums, are often equipped with adequate digital technological knowledge foundation. Software-as-a-Service (SaaS) providers from Silicon Valley and technology centers across the globe work deliberately to solve business operational issues by using the power of automation. 

Let’s use one HR SaaS product as an example, the AI Recruiter from Workable, a world-leading hiring platform. A top feature that stands out is the “One-Click posting to 200+ job sites”. 

The technical capability of such a product feature allows the user to instantly post a job description on more than 200 job sites automatically, so that the HR persons who perform the hiring duty can deliver results in a much more efficient manner. The business logic behind such a product feature says that the product provider, Workable, integrates with over 200 job sites operated by other HR firms, which publish hiring posts to their audiences. The SaaS product provider does the business partnering with its industrial sector peers, takes care of the audience coverage, so that the users don’t have to duplicate any work. 

As mentioned earlier, an early-stage startup company may not afford a large team of people in its HR department, due to its funding constraints and investors’ scrutiny. Therefore, the founders, C-suite, and HR persons of fast-growing startups find value in implementing an AI Recruiter SaaS workstation to assist in hiring. Such AI assistant brings the cost down and efficiency up at the same time. 

On the other hand, large established enterprises may not be concerned about funding as much as early startups do. However, the sheer volume of job postings and hiring demands of a large enterprise can still bring the productivity discussion to the table. Once the HR team is adapted to using the AI Recruiter to cut unit time spent on hiring each employee, the HR Director will find him/herself with more staff time resources available within the department. Such improvements in efficiency and resource availability increase the enterprise’s chance of achieving top priority performance goals, such as financial goals, reputational metrics, sustainability indicators, and other non-financial performance goals. 

For the companies that are actively seeking talent, either the fast-growing startups, or established enterprises in progress of transforming old hiring routine to emerging technology usage, the AI Recruiter SaaS products are worth trying. 

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