HR AUTOMATION USING AI/ML & BLOCKCHAIN
Human resource recruitment is one of the inevitable and crucial operations of any organization as it determines the quality of the workforce and consequently how fast the team is advancing towards its organizational goals. Having manual HR operations would obviously imply additional manpower needs, huge delays, inefficiency, cumbersome paperwork, record keeping, spiking expenses, and yet unsatisfactory outcomes. Hence most organizations prefer automation of their HR desk covering more than one aspect right from talent sourcing, resume pooling through employee onboarding, and prediction of the next hiring needs.
Fulfilling beyond automation needs
We automate your HR operations with tailor-made solutions built on blockchain
and incorporating AI & ML to help you meet enhanced process efficiency, better
outcomes, and complete traceability of candidates.
Powered by AI & ML:
Incorporating AI & ML simplifies many of the major and otherwise cumbersome
tasks of HR recruitment:
• Talent sourcing: dock easily to huge databases and portals to pool
resumes in bulk within seconds
• Candidate validation: quickly screen candidate resumes to identify specific
qualifications, traits, skills, and experience to match them with the given job
requirements.
• Screening: using AI, the screening and shortlisting of candidate resumes will
be fair, equal, impersonal, and unbiased, as it remains uninfluenced by
factors such as the design aesthetics of the resume, the candidate’s
personal information, etc.
• Staging: the in-depth probing and analysis of candidates’ technical
qualifications and staging them to the job categories and vacancies seeking
those qualifications becomes hassle-free.
• Verification: Candidate engagement and verification becomes easy with AI
chatbots, automatic email & SMS, face recognition tools, and ML-based
document verification.
• Assessment and pre-selection: using ML algorithms and the applicant data,
the qualitative assessment of the candidate can be achieved along with
tests for soft skills, aptitude, culture-fit etc.
• Forecast: AI-based tool can help predict hiring needs way before they arise
by staying updated about the talent pool in the pipeline, forecasting time
and expenditure that may be involved in hiring fresh talent etc.
Backed by Blockchain:
Empowering your HR automation system with blockchain would mean an all-new
efficient and lucrative way of sharing, accessing, tracking, and verifying candidate
profiles by replacing the conventional hassle of outsourcing to third parties for hefty
charges or doing it all in-house.
Candidates, both freshers and experienced get access to a single authentic and
authorized platform to showcase their profiles with security and immutability and
even tokenize their profile as a digital asset. They can also showcase their relevant
certificates and documents, multimedia resources, awards and accolades along
with their profile.
Employers can view and access plenty of experienced and fresher candidate
profiles, verify their details including former employment history, update
onboarding information of selected candidates and update off-boarding details
during employment cessation.
What blockchain offers:
• A single decentralized distributed platform
• Accessible by employers and candidates
• Transparent and immutable data
• Decentralized cloud storage
• Encryption and security
• Payroll processing functionality
• Smart contracts for the workforce
Benefits of HR automation:
- Automation of the recruitment phases
- Faster recruitment process
- Higher quality of selectees
- Mitigates chances of biased selection
- Mining the existing candidate database
- Assessing and reaching passive talent
- Reduces manpower needs for the process
- Makes recruitment efficient & effective
- Quicker & Easier candidate verification
- Complete traceability for candidates/employees
- Highly secure and reliable platform for showcasing candidate profile
AI/ML & Blockchain-based HR automation simplifies the HR operations, mitigating costs, ensuring quality and unbiased outcomes, and helping source the best talent for the company. It shall complement and minimize the effort of hiring managers to make the processes speedy & effective. Let us know how complex your recruitment needs are and we’ll help you take this big leap that a multitude of organizations are taking as we speak.