Blog/ Industry Trends and Insights

5+ Best Resume Parsing Software to Hire Top Talents Faster

December 10, 2024

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7 min read
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Finding the best people from a bunch of relevant and irrelevant applications for your job role is unconditionally tiring. That’s why automating parts of your hiring process, specifically the initial ones, is essential. This is proven further with the fact that 76% of hiring managers feel it's hard to locate the top applicants for a given role.

The best resume parsing software diminishes your hiring hassles by lowering errors and enhancing recruitment productivity. The right software can not only help you find the right candidate faster but also reduce your time to fill to a greater extent. With that in mind, let's discuss the best resume-parsing software you can avail of today!

Research Methodology

You must carefully compare tools based on several essential factors to find the best resume parser. How we judged each resume extraction software that we have listed below include:

  • Ease of use: The resume parsing tools were judged on their ability to extract meaningful information from documents, such as skills, experience, and titles.
  • Usefulness: For easy adoption by HR teams, we focused on tools with easy-to-use interfaces.
  • Capabilities for Integration: Integration with applicant tracking systems (ATS) and other hiring tools was necessary to ensure smooth operation.
  • Scalability: Highly ranked tools can handle large candidate files and import data in bulk.
  • Pricing: To meet the needs of businesses of all kinds, we considered tools that offer free trials and different price levels.
  • Distinctive Features: Other features, such as AI-driven insights, multilingual help, and systems that prevent bias, were essential to consider.

5+ Best Resume Parsing Software to Streamline Your Hiring Process

Rankings

Precise Candidate Matching

Free Forever

Upload Unlimited Candidate Database

Candidate Personas

1. Skima

2. Affinda

3. Rchilli

4. Daxtra

5. HireAbility

6. Nanonets

1.Skima

Skima is a cloud-based hiring tool powered by AI. It makes hiring simple and efficient. Recruiters can upload resumes, screen candidates, and find the best matches for any role in no time. Skima analyzes technical skills, experience, and business needs to connect you with the right talent. It also helps create precise job descriptions to attract top candidates, making it a good contender for the best resume-parsing software.

Features

  • Resume Storage: Safely stores hundreds of resumes for convenient access.
  • Resume Parsing: Automatically extracts key information from resumes for faster processing.
  • Resume segmentation: Group resumes with customisable labels for easy administration.
  • Advanced Search Filters: These allow users to narrow candidate searches using precise filters.

Pros

  • Insights powered by AI make profiles better by finding missing skills and backgrounds.
  • Manages repetitive jobs like organizing data and parsing resumes automatically.

Cons

  • Bit of a learning curve which is easily understood via a demo.

Pricing

  • Free Forever
  • $99/2500 Resumes
  • $499/25,000 Resumes
  • $999/100,000 Resumes

2. Affinda

Affinda is a flexible document AI platform that automates processes accurately and offers various customization options. It’s a reliable tool but lacks advanced features like LinkedIn resume extraction and global search that Skima offers.

Features

  • Document Processing: Simplifies document processing and data retrieval for insurance jobs.
  • Resume Parsing: Improves processes by automating data extraction and improving workflow.
  • Accounting: Automates invoicing and payment operations for efficiency.

Pros

  • Increases productivity by organizing work processes.
  • Multilingual skills are excellent for doing business around the world.

Cons

  • Customization at the start might take time and resources.
  • New users may need a lot of time to learn how to use advanced features.

Pricing

  • Contact sales

3. Rchilli

RChilli uses AI to parse, match, and add to parse resumes, making hiring more straightforward, candidates' experiences better, and businesses' work more efficient.

Features

  • Easy to Use: It integrates with your HR/TA technology and requires little setup.
  • Very flexible: You can customize the answers to your hiring needs.
  • Future-ready serves: Scalable to adapt to new technology and job patterns.
  • Accelerate Hiring: Quickly identifies and evaluates applicants to streamline recruiting.

Pros

  • High-speed processing and very little time spent integrating.
  • Taxonomies with lots of details for correct data extraction.

Cons

  • Integration requires technical knowledge.
  • Some rare file types don't have a lot of support.

Pricing

  • Free Plan 
  • Standard Plan: $75 per month
  • Enterprise Plan: Contact sales for customized pricing

4. Daxtra

One of the best resume parsing software, Daxtra, makes it easier to find jobs from databases through keyword searches. Its data-driven insights from resumes also make the hiring process easier. That being said, the processes used by the tool are a bit outdated and fresh, more accurate tools can do the same job more efficiently.

Features

  • Easy ATS Integration: Automated resume uploads to your ATS provide accurate information.
  • Automation saves time: saves hours by automatically creating and updating potential system profiles.
  • Successful Candidate Filtering: Removes irrelevant resumes to upload only the finest applicants for review.
  • Manage tasks: To notify recruiters of new or altered profiles, it automates tasks.

Pros

  • Enhances database searches with ideas based on data.
  • Supports multilingual CV parsing analysis for finding people around the world.

Cons

  • Sorting social media profiles doesn't give you many ways to make them custom.
  • Integration of resume XML data may need extra settings.

Pricing

  • Contact sales

5. HireAbility

HireAbility is a popular AI resume tool many companies choose because of its efficient candidate screening process. This applicant screening tool skims resumes keeps track of applicants and provides data in a ranked manner.

Features

  • Smooth Integration: Links to hundreds of HR and hiring platforms to integrate your data.
  • Real-time insights: Improves pipeline performance and hiring decisions with meaningful data.
  • Reports: Allows creating and sharing personalised hiring records to track and evaluate progress.

Pros

  • Cross-platform compatibility and automated email campaigns make employment easier. 
  • It has powerful sourcing tools for large-scale hiring.

Cons

It's not easy to get pricing details.
Traditional parsing process.

Pricing

  • Contact sales

6. Nanonets

As an AI-powered hiring and screening tool, Nanonets streamlines job offers tracks applicants, and automates the hiring process. It comes with ATS, candidate ratings, and a job page. While the tool offers a range of features, it’s limited in its resume screening and candidate matching abilities where Skima shines.

Features

  • Data extraction: Identifies and extracts critical data from resumes effortlessly.
  • Cloud storage: Store candidate information safely online.

Pros

  • Makes the hiring process easier and more automated.
  • Provides flexible plans for businesses of all sizes.

Cons

  • For bigger teams, the prices can add up.
  • The trial time is only 14 days.

Pricing

  • Professional Plan: $15/ per user per month
  • Enterprise Plan: $35/per user per month
  • Enterprise Plus Plan: $55/per user per month

Advantages of the Best Resume Parser

Choosing a resume parser is an investment that provides both short and long-term benefits. Some key advantages of the right resume parser include:

  • Working efficiently: You can save a lot of time by automating the process of screening candidates.
  • Improved Accuracy: Avoid human mistakes and ensure that only the most essential information is shown.
  • Bias Reduction: Anonymize candidate information during the original screening process to encourage diversity.
  • Large-scale resume screening: You can easily manage big groups of applicants and ensure no resumes are missed.
  • Cost-effectiveness: Cut down on the cost of hiring by shortening the process.

End Note: Let's Make Recruiting Effortless

Resume parsing software has changed how people are hired, making it easy for varied HR managers to find the best candidates. With the help of tools such as Skima, Affinda, and Manatal, employers can focus on what really matters—connecting with the best candidates. A resume parser purchased online is a giant leap toward smarter, more efficient hiring.

Frequenty Asked Questions

1. Can resume parsing software integrate with ATS platforms?

Yes, most resume parsing tools including Skima AI integrate seamlessly with Applicant Tracking Systems (ATS). This ensures a smooth workflow, allowing recruiters to manage candidates and track their progress in one platform.

2. How does a resume parser help your company hire more diversely?

AI resume parsers can hide certain candidate information to eliminate unconscious bias and make hiring fairer. It also provides a comprehensive view of the best fit candidates for a job; helping you make faster hiring decisions.

3. How does Skima differ from other resume parsers?

Skima uses AI (Artificial Learning) and ML (Machine Learning) to find skilled candidates from your pool of resumes, guess the acceptance rate of candidates, and improve job titles so that they help you get more applicants.

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