AI-powered Recruitment Platform

FifthEdge partnered with Accubits to build an AI-based recruitment process automation solution that automates monotonous recruitment functions, omnichannel engagement, and candidate screening processes.

THE CLIENT

FifthEdge is an AI-powered recruitment platform with a primary focus on building and maintaining talent pools. FifthEdge's pioneering technology allows professionals to be matched and remain 'data fresh' to multiple employers who deem their expertise essential to their organization's future growth.

THE BUSINESS REQUIREMENTS

FifthEdge identified that recruiting good talents has become a hurdle for companies due to the tedious and mundane recruitment processes. Access to a quality talent pool is necessary for companies today as it directly or indirectly affects their productivity. Fifthedge aims to eliminate the gap in the talent pool market with the help of an AI-powered recruitment process automation solution.

The basic business requirement for the platform includes an omnichannel candidate engagement solution for the candidates to have a smooth recruitment experience. The platform needs to support AI-powered online video interview and screening process to make recruitment easy for the recruiter.

SERVICE OFFERED

For Fifthedge, we built an AI-powered recruitment platform (with our custom AI software development services) that automates several monotonous recruitment functions. 

The AI-based recruitment platform automates the recruitment process without losing the human touch, enabling organizations with efficient and quicker requirements. The platform supports intelligent bots that engage with the candidates to guide them throughout the recruitment journey.

FifthEdge enables the recruiter to make data-driven decisions in recruitment. It helps the recruiters evaluate the potential candidate's performance and qualifications more efficiently. Moreover, the intelligent insights from the platform help the recruiter evaluate the candidates' psychometrics more accurately. FifthEdge increases recruiter satisfaction by increasing the recruitment success rate.

BENEFITS OFFERED

  • Omnichannel candidate engagement
  • Hybrid AI Chatbot for candidate engagement
  • AI-powered online interview and screening process
  • AI-enabled candidate engagement- freeing up recruiter bandwidth
  • Intelligent and data-driven insight
  • Automated hiring process

Working with Marcus, we created 'Skyler', a virtual member of the team who uses over 50,000 data points to provide nonillion variables, which are used to assess candidates. The AI then interviews the same candidates. Companies can now connect with candidates who match their criteria in skills, experience, culture, and past companies. This is a smart, efficient way to get the right people on board in record time.

THE OUTCOME

Harnessing AI technology and complex algorithms fueled by vast banks of ever-evolving industry data, the platform replaces up to 70 percent of the traditional recruitment process. FifthEdge provides unprecedented benefits to employers and candidates beyond any internally-adopted system or technology, ensuring candidates never miss an opportunity with their preferred employer brands while reducing the cost and time to recruit by up to 90 percent.

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Frequently Asked Questions

How does recruitment process automation help your business?
  • Time-Saving: Automation of the recruitment process saves significant time and effort for HR professionals by eliminating repetitive manual tasks, allowing them to focus on more strategic activities.
  • Improved Efficiency: Automating the recruitment process reduces the possibility of errors, improves the quality of data collected and processed, and increases the speed and accuracy of candidate screening, interviewing, and selection.
  • Cost-Effective: Automation can reduce recruitment costs by minimizing the need for staffing agencies, lowering advertising costs, and enabling HR professionals to manage the recruitment process more efficiently.
  • Better Candidate Experience: Automation can provide candidates with a smoother and more efficient application process, improving their experience and perception of the company's brand.
  • Enhanced Collaboration: Automation can facilitate better collaboration between HR professionals, hiring managers, and other stakeholders, allowing for a more efficient and transparent recruitment process.
  • Data-Driven Insights: Automation can provide real-time analytics and reporting, enabling HR professionals to make data-driven decisions and continuously improve recruitment.

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Highlights

AI chatbot

Data driven Insights

AI powered screening process

Personalized candidate engagement

Technologies Used