Blog/Artificial Intelligence

5 Benefits of Using an Intelligent Talent Matching Platform

May 10, 2024

6 min read
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Well, we are not questioning your proficiency in matching the right candidates to a job. One might say they have a knack for thighs like this, one look at the CV and they know if the applicant will work or not. Now that we have established that, let’s not forget that from manual errors in identifying the right candidates to succumbing to various forms of bias, there are many reasons why relying solely on your intelligence as a recruiter isn’t the best thing for your recruitment process. Hence, there should be a place for intelligent talent matching. 
Intelligent talent matching uses advanced algorithms and machine learning processes to pinpoint the best-fit candidates for a particular job role. Moreover, smart talent matching tools propel recruiters in their process of identifying and selecting qualified applicants from their talent pool.

Why Do You Need an Intelligence Talent-Matching Tool?

As a thorough recruiter, you must have come across applicant tracking software and resume parsers. Infact, ATS have proven to reduce time to fill by up to 20%. That being said, an ATS is a comprehensive, not specific, tool and parsers are restricted to filtering resumes based on predetermined criteria which are most commonly a set of keywords. In both cases, either you get partial results with several candidate profiles being eliminated directly by the platform or they aren’t advanced enough to lay out detailed information about each candidate. 
An intelligence matching platform makes the most tedious recruiting task of candidate screening effortless. And, let’s not forget the significance of artificial intelligence in candidate matching. It's like the wizard behind the curtain, making sure companies find the perfect fit for their open positions. By crunching through loads of data from resumes, job postings, and candidate evaluations AI can help you find the diamonds in the rough.
Moreover, unlike humans, AI doesn't have biases to cloud its judgement. This means fairer chances for everyone, regardless of background or identity. Plus, AI doesn't suffer from fatigue. It works tirelessly, helping recruiters fill roles quicker than you can say "You're hired!” So, apart from the usual recruiting tools, one that you must consider is a talent-matching tool.

Benefits of Using an Intelligent Talent Matching Software

Better talent matching

Let’s start with the obvious, intelligent talent matching makes finding the right candidates more efficient. It uses a mix of data, AI, and advanced algorithms to execute a variety of tasks, promptly. Firstly, it uses resume parsing, via natural language processing and machine learning to quickly extract crucial details from resumes. Next is predictive analytics which utilizes statistical models and data mining techniques to pinpoint potential candidates, even those not actively seeking jobs. Moreover, advanced matching algorithms ensure precision by considering multiple factors like skills, qualifications, and cultural fit. Through machine learning, the platform refines its operations over time, continuously enhancing accuracy and efficiency. To top it all, it offers valuable data on recruitment trends to assist recruiters in making informed hiring decisions and optimizing their recruitment strategies.

An intelligent talent matching platform assures high-quality interviews

If your selection process is quality assured, the next steps in your hiring process automatically come into place. This includes a steady, talented driven, and objective list of candidates for the interview round. A talent matching tool infused with intelligence can assess candidate qualifications and skills thoroughly, ensuring they align perfectly with job requirements. It identifies the most suitable candidates for each position and ranks them so you have a clear view of everyone from the fittest to the least and make a firm decision on whom you want to take ahead in the process. This precision in decision-making minimizes the chance of mismatched interviews, saving time and resources. Additionally, the platform's data-driven approach enhances interview preparation, providing valuable insights into candidate strengths and weaknesses. This results in more focused and productive interviews, maximizing the likelihood of finding the ideal candidate for the role.

Build better candidate connections

Filling a single job opening often means browsing through many applicants. Even if one candidate fits perfectly, there are likely others with potential. And, if not for the current role, what if they could be the right fit for future roles? Engaging with these candidates through a talent-matching platform is key. Don't let strong applicants slip away; use AI-driven searches to keep track of them. By nurturing these connections, you allow candidates to grow with your company. For starters in combination with a matching tool, consider creating a branded career website to maintain a talent pool for quicker and more effective sourcing in the future. It's about building lasting connections for ongoing success in recruitment and a matching platform can certainly help you achieve that.

Boosts recruitment productivity 

Whether you are a small recruitment agency juggling multiple clients or a seasoned freelance recruiter with a catalogue of job requisites, the best way to grow is to discover means to boost productivity. These tools automate repetitive tasks like candidate sourcing and screening, freeing up valuable time. With more time on hand, recruiters can focus on strategic activities such as building candidate relationships and analyzing hiring data. Moreover, the rising use of analytics in HR signals a promising future for recruitment. A talent intelligence platform streamlines tasks like updating applicant information and reaching out to past candidates. It even seamlessly integrates with other systems in your company, ensuring up-to-date job openings and skill sets.

Talent intelligence tools can put a pause on turnover rates

While it's necessary to hire new employees to keep the company on track with continuous growth, retaining current employees, especially the high-value ones, is paramount for smooth functioning. In the past, matching talent to opportunities was a laborious task for HR and internal recruiting teams. With large enterprises, keeping track of evolving employee skills and finding the right roles was nearly impossible. On top of that, Manual matching took weeks and quickly became outdated. But now, AI-driven platforms have streamlined several processes. With a two-sided talent marketplace, recruiters can match people to the right opportunities in seconds. These matches evolve as employees grow and develop new skills. By leveraging AI-powered matching tools, companies can align people to projects in real time, ensuring better job satisfaction and lower turnover rates.

End Note

Talent matching doesn't need to be laborious and certainly not discriminative anymore. If you are still using inaccurate resume parsers or manual matching techniques, it’s time for some changes. Start by choosing the right talent-matching tool. In conclusion, while recruiters possess a knack for identifying talent, relying solely on human intelligence has limitations. Manual errors, biases, and outdated processes hinder efficient recruitment. Intelligent talent-matching tools, powered by AI, address these challenges. They streamline candidate screening, enhance interview quality, build candidate connections, and boost productivity, ultimately curbing turnover rates for sustained organizational success.