As we enter an age where the use of AI is being truly democratized, the recruitment industry is starting to feel the tailwinds of disruption. More than $12 billion was invested in HR tech in 2021 alone, with a larger chunk favoring Artificial Intelligence (AI) powered solutions.

Recruitment, the lifeblood of organizational growth, is undergoing a transformation powered by artificial intelligence (AI). The ever-evolving job market demands a nuanced approach to hiring, and AI is emerging as the catalyst for change. 

This article talks about the key challenges faced by recruiters, the list of AI-based tools addressing issues and a short summary covering unique features or services of these tools to help you get started with your exploratory journey to find the right AI tool for you.

• Problem Addressed: Writing Effective Job Descriptions/Helping with Boolean searches
• Which tools are solving for it and how:

ChatGPT - Craft your own JDs, posts, emails.

Textio - Uses AI to analyze language patterns and suggests improvements to job descriptions, social posts and emails. It helps in creating more inclusive and appealing job postings, leading to a broader and more diverse candidate pool.

• Problem Addressed: Effective and personalized applicant engagement
• Which tools are solving for it and how: 

Kula/Fetcher - Help identify passive candidate basis your requirements, automate the workflows of warming up passive candidates in your funnel, create personalised messages to them and track their status and movement in your funnel.

• Problem Addressed: Sourcing Candidates
• Which tools are solving for it and how:

Entelo - Uses AI to source candidates by analyzing various data points, including social media activities and online presence. It helps recruiters identify potential candidates who might not be actively looking for jobs but possess the right skills.

Fuel 50 - Helps source candidates from an internal talent pool.

GoHire/X0pa - And almost all modern ATS’s help post across multiple job boards.

• Problem Addressed: Candidate Filtering and Matching
• Which tools are solving for it and how:

HackerJob/Hirescore - Unbiased screening. Hackerjob - sourcing platform that keeps certain aspects about candidates masked that can cause biases and share information on what you can do better in JD/messaging to reduce biases.

Fetcher - Using NLP to analyze and understand job descriptions and candidate resumes to match job openings with the most suitable candidates based on skills, experience, and other relevant factors.
Be very cautious of automated resume scanners as they push out a huge pool of relevant applicants out of your hiring funnel - Read more in Harvard report here.

• Problem Addressed: Candidate Screening and Evaluation
• Which tools are solving for it and how:

HireVue - AI-powered video interviews for verbal and non-verbal cues.

Harver, Unberry - Evaluate candidates basis role-relevant skills and competencies and using AI to create custom, dynamic and advanced evaluation mechanisms. Take off reliance on templatised resumes and gives objective map of talent. Measure for actual skills and competencies rather than their proxies (for example communication skills)

• Problem Addressed: Applicant Tracking
• Which tools are solving for it and how:

Lever, Jobvite - Incorporate AI to streamline the applicant tracking process. Automate tasks like resume screening, interview scheduling, and communication, reducing the administrative burden on recruiters and ensuring a smoother workflow.

• Problem Addressed: Candidate Communication
• Which tools are solving for it and how:

Berribot - AI-powered chatbot, engages with candidates throughout the hiring process. It answers queries, schedules interviews, and collects necessary information. This enhances the candidate experience by providing quick responses and maintaining communication.

LeenaAI - New hire is assigned an onboarding buddy that answers all questions related to company policy.  It automates workflows and processes to track and monitor every onboarding task.

Albus - Knowledge bot that can easily compile companies documents in Albus for easy access of employees. Albus helps in saving time by answering important employees’ queries directly in Slack without human intervention. It helps streamline internal communication for easy access to information to your employees.

• Problem Addressed: Bias in Hiring
• Which tools are solving for it and how:

Pymetrics, Unberry - Use AI to assess candidates based on their cognitive and emotional traits. By relying on game-based assessments, it minimizes biases and focuses on identifying the best-suited candidates for specific roles.

• Problem Addressed: Information Consolidation, Background verification
• Which tools are solving for it and how:

Humanly’s - Interview Assistant helps recruiters by automatically taking notes during interviews  performing follow-ups and providing actionable interview advice. Specifically, interviews are transcribed and provide information about the candidate’s attitude during the interview.

SpringVerify -  Is an AI and blockchain-powered background check solution provider that helps in running multiple checks such as education verification, criminal record check and 20 other such checks

• Problem Addressed: Skill Matching and Diversity
• Which tools are solving for it and how:

Eightfold.ai - Employs deep learning to match candidates with roles based on their skills and experiences. It helps in predicting a candidate's ability to acquire new skills, promoting diversity by expanding the pool of potential candidates.

• Problem Addressed: High Volume Recruitment
• Which tools are solving for it and how:

Ideal - Uses AI for resume screening and shortlisting. It quickly analyzes resumes, identifies top candidates, and provides valuable insights. This is particularly beneficial for high-volume recruitment where efficiency is crucial.

Fountain, Unberry - Automating screening across large applicant pool on role-relevant competencies in matter of minutes; give mobile accessibility, ease to use interface to support frontline hiring

As we navigate the complexities of modern recruitment, the synergy between human intuition and AI prowess becomes the linchpin. These aren't mere tools; they are your wingmen, your co-pilots in the quest for a recruitment process that is not just efficient but visionary. Embracing AI isn't a mere choice; it's the strategic cornerstone for organizations and professionals like you who have an eye on building agile, diverse, and top-notch teams in the ever-evolving landscape of the future.

As you step into this new frontier, remember, each tool is a potential game-changer. Yet, the real power lies in your understanding and integration. So, before you dive in, arm yourself with research, embrace trials, and let these AI allies lead you to your recruitment zenith. The future is now, and it's yours to shape!