Is it possible to process hundreds of resumes and find the right candidate within a few minutes?
It costs $4000 on average to fill an open position. Human Resource managers need to sift through multiple resumes and CVs to get to the final shortlist. The result is an average of 52 days to hire the right person.
One way to speed-up collating resume data is through resume parsing.
Manually copying information onto a spreadsheet takes hours. Not to mention human error issues. A resume parser bypasses these limitations and offers a wealth of other benefits.
Read on to learn all about resume parsing software.
You’ll discover how to gather all your candidates’ details together within seconds not days. Then filter those results to highlight the top contenders.
Table of Contents
What Is Resume Parsing?
Job interviewers must evaluate the information for every CV submitted and try to catalog it into a consistent format.
Some force applicants to submit their resumes through a website form. Yet all that information still needs checking and matched against other submissions.
A resume parser offers an alternative solution.
By using artificial intelligence, the software scans through the text and extracts relative data. It knows the difference between a telephone number and a work history list. Then it brings all the information together into a format that’s easy to work with.
Resume Parsing Software
Parsing data simply means examining information and extracting relevant information from it.
HR managers parse data all the time. They read through a resume, copy data like the candidate’s name and DOB, then save it to a database.
Yet that takes hours and is prone to errors. That’s why resume parsing software has become so popular.
AI parsing specialists like Affinda let you upload resumes in bulk.
The software analyses each document and extracts the information. The format doesn’t matter as artificial intelligence can identify each element no matter its placement.
Results arrive in several formats like Excel, JSON, and XML. From there, you can import results directly into your own apps and filter candidates from the results.
Benefits of Resume Parsing
Using the right AI resume parser offers major advantages over traditional methods including:
- Processing thousands of applications at once
- Getting consistent results
- Cross-referencing resumes with ease
- Highlighting good and bad candidates
Just think, no more trawling through applications. That includes paper submissions as AI can scan digital copies of documents and parse them like a Word document.
Resume Parsing Tips
To help the resume parse software, make sure you have everything in place before you begin.
Collect all your data files in one place. Ensure each of your candidate submissions is present. If you’re using a web service parser, use the correct API key.
When you receive the parsed results remember to keep them safe.
Visually scan through them before importing the data into your own systems. Then review the candidates best suited to the position by searching the information.
CV Parsing and More at Apzo Media
Resume parsing lets any interviewer scan and extract data from a CV/resume within seconds.
Candidates no longer need to fill different forms with the same information. They simply upload their documents and the resume parser does the rest.
Discover more about this revolutionary resume parsing software in our Technology section.
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