A case study on how HR Tech aided process automation he;ped a staffing firm perform it's role more effectively and efficiently.

1. Increasing possibilities with HR Tech
A case study on how HIREalchemy’s iParser helped a staffing firm
attain efficiency through process automation

2. © 2016 EdGE Networks 2
Find your way through the presentation
 Slide 3
 Slide 5
 Slide 19
: A few statistics in hiring
: Case study
: About us

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The talent war is raging all over the world.
Take a look for yourself:

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Staffing services supply about
8.6 million workers every
year each year
Demographic shifts are creating
a diverse, multigenerational
workforce
91 percent of staffing firms
expect to see at least 10%
growth in 2016
Source: http://www.bullhorn.com/blog/2016/02/staffing-industry-trends-2016/, https://enlightenme.com/staffing-services/
http://thehiringsite.careerbuilder.com/2015/03/03/top-staffing-industry-trends-2015/

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The tremendous growth in our clients business
(a staffing organisation) required them to
create a robust database of resumes and
deliver timely results

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This meant that we had to develop a method
to read unstructured information found in
resumes online and do it in an efficient and
quick manner

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Here’s what happened…

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The problems they faced

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 Downloading resumes received from various sources such as email,
job portal into a centralized repository.
 Extracting candidate’s information such as Name, Email, Mobile, Work
Experience, etc. from unstructured resumes.
 Parsing and matching the right candidate with relevant skills (external
candidates and internal profiles) to the client’s requirement
 Delivering best-fit matches within the stipulated time.
 Saving time and effort in allocating resources

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How we decoded it

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Experts at EdGE networks thought that the
issue could be solved using HIREalchemy’s
iParser feature

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How iParser works

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Reads resumes that
are in unstructured
formats
S.No Name Age Edu.
1. XX X P
2. YY Y P
3. ZZ Z Q
S.No Name Age Edu.
1. XX X P
2. YY Y P
1
Transforms them into
structured fields in a
database
2
Filters resumes based
on pre-defined
criteria
3

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How we implemented it…

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Steps Taken
The product was seamlessly
integrated into the client’s
existing system
How they helped
Email ids of all recruiters were
registered with an app powered
by iParser
The product was implemented
using an API which did not
require the existing systems to
be modified
Recruiters continued working
on a system they were
comfortable with
Attachments from emails were
automatically downloaded and
updated in the relevant fields in
the resume database,
The data resided within the
customer’s corporate
network, shielded from the
World Wide Web.

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HIREalchemy possesses self–learning intelligence
which means that the engine learnt from every job
adding to the accuracy of resume matches the
engine throws up.

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And we achieved great results!

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Resume database grew from
50000 to 1mn in 4 months
Increased Staff Productivity
58%reduction in hiring cost
All resumes received or sent by
email were downloaded, parsed
and uploaded automatically to
internal database.
Resumes downloaded from job
portals were parsed at proxy
level and added to the database
Resume matches
expanded by 4-5 times
Wider resume database and
automation
Better resume matches,
reduced cycle time and cost of
hiring.
Automations of
processes saved time
and increased
productivity
Better Search Result

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Who we are and what we do
Learn more about Edge Networks and HIREalchemy

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About Edge Networks

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We are the Workforce Warriors.
We believe in using the steel of data science to wield our
influence in battling your toughest talent acquisition and
workforce optimization challenges.
To reengineer human resource management, we harness NLP
algorithms and a powerful skill repository built as an
Artificial Neural Network.
Insights and predictions are our forte; we add an
intelligence layer to HR systems that transform your
workforce.

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About HIREalchemy

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HIREalchemy is a combination of Natural Language
Processing, Artificial Intelligence, and Predictive Analysis,
Predictive
Analysis
Natural
Language
Processing
Artificial
Intelligence
HIREalchemy

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HIREalchemy is a single platform for Talent Acquisition and Workforce
Optimization. Here are some of the features it offers:
 Skill Analysis
 Position Management
 Geolocation
 Powerful Search
 Resume Analysis
 Fitment Score
 Learning Path
 Wide Job Site Integration

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Connect with us now!

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Thank you