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Testing A Resume Parsing Software

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The basic definition of a resume parsing software is an application program that converts a human readable format of a resume into a machine-readable format so that it can be processed according to various requirements of a company. 
 
Several resume parsers work in line with top applicant tracking systems, and it’s a good idea to look for ways to analyze such software and figure out which one will best suit your business requirements. 
 
How do you choose a resume parser? 
 
1. Test it out: Begin by asking for access to the resume parsers you’re considering to test/buy. They will readily give you access to test out about 100 resumes. You can build a simple equation with the attributes you want to test or that are most relevant to the resumes you want to process and then add up the number. Compare the number with the number you got out of the other <a href="http://www.talentrackr.in/talent-acquisition-software/resume-parser" target="_blank">resume parsing software</a>. Whichever gives you a higher number is certainly better for your business. That’s how you can verify the claim for accuracy. 
 
2. Check how fast it is: While you have the precise data on how accurate the parser is, now, you need to test how fast it can process multiple resumes. A similar kind of analysis with the focus on time taken for the task will give you an answer. 
 
3. Which company are you buying from: There are considerably few choices in the market available for you, and that shouldn’t deter you from doing your research about the enterprise. How long have they been in business? What clients have they served before? What are their old clients saying about them? 
 
Also Read:  <a href="http://talentrackr111.blogspot.in/2016/11/essential-features-of-resume-parsing.html" target="_blank">Essential Features of a Resume Parsing Software</a> 
 
Next, think about how suitable their tool is for your business. Would it be easy to implement the solution for the kind of business you have or for your recruitment process, to be precise? Does the software work well for your business? 
 
4. Cost: While comparing different providers, you must also focus on the cost of implementing the solution. At the same time, lifetime cost is significant. Moreover, various software vendors offer different pricing models like cost per resume or one-time cost per year. 
 
5. Additional features: Look how the resume parser will integrate with other essentials of an applicant tracking system. It’s very likely that you may want to get the entire setup rather than just the parsing software. Most of the times, it comes packaged with an applicant tracking system already. Choose what you need and analyze. 
 
Comparing different vendors is a great way to help yourself choose a good parsing software that can produce great results for your organization. To begin with, you can get in touch with Talentrackr team and test out their resume parsing software. 
 
Article Source: <a href="https://goo.gl/75zH14">https://goo.gl/75zH14</a></div>

Testing A Resume Parsing Software

The basic definition of a resume parsing software is an application program that converts a human readable format of a resume into a mac...

Top Reasons That You Need An Applicant Tracking System

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Candidates aren’t particularly happy about the trend of use of applicant tracking system by major Fortune 500 companies and even small business enterprises these days. However, it doesn’t deter companies from adopting new applicant tracking system. It’s because of the following reasons that make an <a href="http://www.talentrackr.in/talent-acquisition-software/applicant-tracking-system" target="_blank">applicant tracking system</a> an absolute must in an organization. 1. Pre-review and pre-scanning of resumes: With an ATS, you can sieve through the lakhs of resumes and shortlist a set of resumes that are more likely to match your recruitment criteria. It saves a large chunk of time for organizations that receive applicants in lakhs. 2. Job seekers and their affinity with online job portals: About 76% candidates who are looking for a job apply online. That’s a major chunk of data that stays with these online job portals and it gets extremely easy for a company to maintain a synchronized workflow with such job portals without wasting much time and resources. 3. Reduction in hiring time: The longer the hiring time, the higher would be the recruitment cost. All of it is precious time, and money is simply wasted on hiring a candidate through the manual process while your company bears the expenditure. With reduced hiring time, you can save up a lot in terms of money. In fact, 20% companies that adopted an applicant tracking system experienced a significant decrease in hiring time. Also Read: <a href="http://talentrackr111.blogspot.in/2016/11/6-ways-to-optimize-your-resume-for.html" target="_blank">6 Ways to Optimize Your Resume for an Applicant Tracking System</a> 4. Substantial savings: Clearly, with the use of an ATS, you can save a lot of money. The cost comes down and your profits rise up while the flow of fresh talent stays the same. 5. Your competitors are using it: As much as 60% companies have already adopted an ATS and we are talking about small businesses here. Most of the Fortune 500 companies were the early adopters of such a technology. Your competitors are surely benefiting with the money and time they’re saving and using their HR team for better purposes. Why aren’t you? 6. Automation of several processes: With an applicant tracking system, you can automate a lot of processes like sending emails or fetching data or maintaining a database of available candidate pool in a streamlined manner. There are endless possibilities with how you can use an ATS to improve the business efficiency. Those are the six top reasons why you must use an applicant tracking system. Make sure you pick a good system for there’s a huge risk associated with it as well. A system that doesn’t work well may make you miss some crucial resumes that could have brought significant assets for your company. So, do a proper research and then pick one. At this point, I would like to introduce you to Talentrackr. It’s a recruitment automation system that has been getting great reviews and love from the business owners. You should give it a try. 
 
Article Source: <a href="https://goo.gl/R0P6fR">https://goo.gl/R0P6fR</a></div>

Top Reasons That You Need An Applicant Tracking System

Candidates aren’t particularly happy about the trend of use of applicant tracking system by major Fortune 500 companies and even small b...