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Jerome Ternynck, CEO of SmartRecruiters talks about his company and his decision to integrate Textkernel’s resume parsing technology into its recruitment platform.
SmartRecruiters is the cloud based platform to make hiring easy for managers and candidates. In 2010, I moved to San Francisco, founding the company in order to create a hiring experience that was smart, collaborative, and connected. We’ve made a one stop shop for recruiting: our candidate management solution integrates with a marketplace of 300+ recruiting service providers, such as job boards, recruitment agencies, candidate assessment tests, and more. With SmartRecruiters, 65,000+ businesses have found 12,000,000+ candidates.
Easily capturing candidate interest
A pillar of our business is ensuring that candidates can easily express interest in new opportunities. However a candidate expresses interest – applying with a resume, emailing a resume, applying with LinkedIn – we need their information to be properly parsed so the employer can accurately and quickly evaluate and respond to candidates. Quality resume parsing is critical to giving candidates a good experience and it’s primary to our success.
Replacing the ATS by a hiring platform
There’s much pain in this market. Hiring – the opportunity to meet new people and grow your awesome team – should be an enjoyable experience. But too often, it’s not. Applicant tracking systems were a big part of the problem. They need to go away. We offer a simple solution for companies to find and hire great people. By replacing your applicant tracking system with a hiring platform you can forget about the old world where 95% of hiring managers doesn’t use the company’s candidate management system because the technology was too cumbersome.
Choosing Textkernel’s resume parsing software
With our traffic growing at approximately 500% year over year, we needed a resume parsing partner that we could scale with. It’s Textkernel. Implementation was very smooth. We gradually rolled out to all our customers over two weeks to reach full production volume. We are experiencing 98% parsing accuracy across all types of job application submissions. When you parse several millions resumes a year, you need the reliability of an established provider like Textkernel.
Future technology plans for SmartRecruiters
We live in a world where everyone has a public profile online. In this connected world, what does recruiting look like? It certainly doesn’t look like I fill in an application form and am tracked by an on premise system. The future of recruiting technology is big data, social, and mobile. We have a lot of big announcements coming up in these three areas, but I can’t give them away just yet! I will say, as we expand into new markets, we are excited about the multi-lingual capabilities of Textkernel.
Jerome Ternynck is the Founder and CEO of SmartRecruiters, the end-to-end cloud hiring platform. He’s an entrepreneur with his heart in recruiting and soul in technology. SaaS evangelist. He’s passionate for what he does, hate the status quo, and loves innovation especially when it reaches disruption. Jerome’s goal is to is to bring the economy to its full potential by removing friction in the labor market and eradicating unemployment. He will be talking about how to reinvent recruiting in keynote at iRecruit on June 5th.