Whether it is about hiring, managing administrative work, or handling queries regarding our records – our go-to people are the HR (Human Resource) team. But who do these people seek assistance from? The answer is Artificial Intelligence enabled tools.
The advent of AI software for HR has brought transformational change to the field, and to give you a better idea about the same, we have compiled a list of 6 AI-based tools that have the potential to further shape the future of Human Resource Management.
- What is Artificial Intelligence?
- How do AI tools aid in HR management?
- 6 AI software for HR that you need to bookmark
- Conclusion
What is Artificial Intelligence (AI)?
Alan Turing, the great mathematician who helped the allied powers in winning the Second World War, changed the course of science by asking a simple question – “Can machines think?”
The quest of advancing AI is an attempt to answer this question of Turing’s with a YES. In simple words, artificial intelligence is the intelligence exhibited by machines. With a little more study, one understands that it is a branch of computer science that aims to build machines that can take up tasks that usually require human intelligence.
How do AI tools aid in HR management?
There have been major technological advancements in HR, thanks to the refinement that artificial intelligence has brought into it. AI-based tools supplement the HR work by taking on processes like hiring, training, employee engagement, etc. The top 3 functions of AI software for HR are:
Recruitment and Onboarding
During the recruitment process, AI helps in streamlining the process, and also makes it more user-friendly. Features like automated resume screening and automatic triggering of assessments fasten the process and hence provide the recruiters more time to engage with candidates, build relationships, and improve candidate experience.
Apart from this, AI can also help HR professionals in finding suitable candidates by maintaining and analysing data and identifying the right qualities in a candidate’s resume. Also, there is Intelligent Screening Software that features the functionalities to automate resume screening, enable recruiter chatbots that engage candidates in real-time, and digitized interviews that help assess if a candidate is fit.
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Automation of Administrative Tasks
Being able to automate predictable and easy-to-repeat administrative tasks is a benefit that artificial intelligence has provided to all industries. AI software for HR also ensure that administrative tasks like organizing and maintaining records, updating internal databases, etc. are automated to a level that gives HR professionals more time for their strategic thinking and lets them contribute more to the serving employees.
Employee Retention and Engagement
With specially designed Employee Recognition Systems (software that allows companies to recognize and reward their employees in a systematic way) and internal surveys, it is easier for HR professionals to gauge how their colleagues are feeling about multiple things related to their jobs.
Besides being able to engage employees better, AI software for HR also helps the system analyze and evaluate the employee performance, and make a decision about who should be promoted. It can further reduce talent acquisition costs and increase employee retention.
6 AI software for HR that you need to bookmark
To help you with your search for the best tools for your use case, we have listed 6 highly effective AI tools that can be used in different processes by HR professionals.
1. Entelo (Entelo, Inc.): Specializes in recruiting passive talent (people not actively looking for a job change)
Entelo is a tool based on predictive analytics and NLP (Natural Language Processing – AI-assisted ability of a computer to understand human languages) and is used by big names like Goldman Sachs, Netflix, The New York Times, etc. for recruiting. It allows recruiters to source candidate data from a wide range of groups i.e., gender, ethnicity, and veteran status.
Entelo has the distinction of being the only platform on the market that eliminates roadblocks to accelerate your entire pre-application process. The tool also has provisions for the candidates to apply from within the software or go to the company website for the same.
2. Harver (Harver B.V.): Specializes in volume hiring
As the scale of the hiring grows, the challenges also multiply. This is where the AI-powered assessment software built by Harver is trusted by some of the world’s most successful brands. Its algorithm uses data and science to help you predict the quality of a candidate by measuring their aptitude, cultural acceptance levels, soft skills, etc. The data set that matches the requirements is then processed without human interaction, hence saving valuable time without compromising on the quality or the numbers.
3. Talla (Talla, Inc.): Specializes in assisting in the automation of processes
Trusted by huge brands like PayPal, Talla is an AI and automation platform that incorporates itself with your existing systems and workflows that builds machine learning-based models of routine tasks. By streamlining and automating the regular administrative tasks, it allows the HR professionals to be more productive.
4. Bookafy (Bookafy, LLC.): Specializes in automating and quickening meeting scheduling
Preparing for meetings, coordinating times and dates, sending follow-up emails, etc. are some of the most mundane things that are associated with the job of an HR professional. But with the advent of AI software for HR, your email scheduling can also be automated. You just need to connect Bookafy to your calendar and it will efficiently handle your email scheduling. The tool can be used for booking client meetings, streamlining the recruitment process, and fastening schedules.
5. Talmundo Onboarding by Talentech (Talentech): Specializes in onboarding new employees
Once the recruitment process has been successfully completed, Talmundo makes sure that the new employees are kept engaged. This AI software for HR has features that give the employees a 360-degree view of the organization and also a chance to introduce themselves to everyone else using chatbots. Talmundo hence creates a great onboarding experience for the new joiners.
6. hireEZ (HireEZ): Specializes in employee engagement
This is a tool that not only helps HR professionals in their recruitment but also is a great employee engagement solution. Its impressive AI engine stores data on relationships, people, and places. This allows the HR team to get to know the employees better and keep them engaged. hireEZ also offers the world’s first Healthcare AI solution that helps organizations conduct the recruitment of healthcare professionals.
Conclusion
The emergence of AI software for HR management has taken the field far ahead of the times when automating human-centric tasks wasn’t considered possible. We hope that the tools mentioned above provide you with a good idea of how fast, easy, and more efficient working in HR has become because of AI. If you want to gain deeper knowledge about HR management and learn how to use such powerful tools to your advantage, check out the PG Program in Management for Executives.