It’s well-known fact in the business world that an organisation’s greatest asset is its people. But in a digital age overflowing with potential candidates, how do you sift through the noise and select the right individuals for your team?

This is where artificial intelligence (AI) can step in. As a savvy recruiter, you’re already on the lookout for ways to optimise your hiring strategy, and choosing the right AI tool can streamline the process significantly – in fact, according to Forbes, AI can reduce the time to hire by 40% by helping to automate the recruitment process.

When you’re searching for an AI tool that can level up your recruitment game, there are certain key attributes to keep a lookout for. The right tool is supposed to make your job easier, automate repetitive tasks, and offer valuable insights, all without making the hiring process impersonal. Not an easy checklist, right? Let’s dive into the functionality you should keep an eye out for when choosing your next AI Recruitment tool.

Fitting your budget

When considering the implementation of an AI tool for recruitment, budget is likely your first concern. The costs associated with AI tools can vary significantly, and you also need to consider its maintenance, and scalability beyond initial deployment. Once you have determined your budget, you can begin to evaluate the cost-to-benefit ratio of different AI tools in the market. Some tools will invariably present superior functionality but may be prohibitively expensive. Similarly, cheaper options may not provide the functionality necessary for your specific needs.

Read on to discover the functionality you should look out for when assessing the AI tools on the market:

Pre-screening and candidate scoring systems

When considering the extensive range of recruitment tools currently available, particular attention should be paid to those providing pre-screening functionalities. This becomes even more pivotal if your recruitment strategy includes any form of assessment.

Firstly, depending on your needs, you’ll probably want to look for a Smart Candidate Scoring System. Look for tools that use advanced techniques to evaluate and rank candidates based on their skills and suitability for the role. These tools can use advanced techniques like Natural Language Processing to understand job descriptions and applicant profiles and provide you with relevant insights.

If your hiring process includes assessing the candidates beyond their initial application, you might also want to look for a tool that includes this functionality. Assessment strategies involve evaluating candidates on an array of dimensions – technical competencies, behavioural characteristics, cultural fit, and so on. When your AI tool includes pre-screening functionalities, the assessment results can act as input for the advanced algorithms, providing a far more nuanced and in-depth understanding of the candidate. This holistic evaluation subsequently makes the decision-making process more informed and objective – when used correctly, it’s even been found that AI tools can help enable unbiased hiring by eliminating human bias, making hiring fairer.

Data-driven insights

The potential of AI-driven recruitment tools in providing deep and actionable insights cannot be overstated. These tools, designed with advanced analytics at their core, are capable of transforming vast amounts of data into meaningful information. This transition from raw data to valuable insights is what sets apart the modern recruitment process – and by leveraging this data, recruiters can gain a more comprehensive understanding of the candidate pool, market trends, and the effectiveness of their recruitment strategies. As you navigate the tools on offer, focus on AI recruitment tools that promise not just analytics but insights that span the entire recruitment journey, tailoring solutions to meet specific organisational needs as you scale.

User Interface

Easily overlooked, yet incredibly significant! You may have discovered the ideal tool that hits all your criteria, aligns perfectly within the budget, and promises efficient results. However, if the interface demands advanced technical expertise, is it still a worthy investment of time and money? Remember, the primary objective is to utilise the tool to streamline recruitment processes and improve hiring quality. So, it’s very important to ensure that the interface is user-friendly and easy to navigate. A good AI recruiting tool should offer demo videos and previews of the interface before you part with your cash.

GDPR Compliance

Lastly, remember to check for Data Privacy and Security.

It might sound “boring”, but the importance of data privacy and security in an AI recruitment tool cannot be stressed enough. We’re in an era characterised by ever-evolving threats to our digital data, making it even more critical for recruiters to choose tools that employ robust security measures to safeguard sensitive information.

Start your evaluation by determining whether the AI tool adheres to the General Data Protection Regulation (GDPR) compliance standards. This regulation outlines specific ways that organisations must handle data, making it a strong baseline for any tool you consider. Look for the AI tool’s explicit commitment to uphold GDPR, or similar globally-recognised data protection laws, in its privacy policy. You can find details on your countries data protection laws here.

In conclusion

In conclusion, when selecting an AI recruitment tool, hiring managers and recruiters need to consider factors such as budget, pre-screening capabilities, smart scoring systems, data insights, ease of use and GDPR. It’s crucial to find a tool that caters to your unique hiring needs and can seamlessly integrate with your existing HR processes – why not see how Osavus can help? Sign up to our early access waitlist now!