The most time consuming task for any recruiter is screening the resumes and CVs of every candidate. Before the ATS, recruiters had to go through large chunks of information from resumes and organise them into detailed excel sheets. This was how they would identify the best candidate from the rest. After a point this repetitive task gets exhausting and prone to human error. And, with all of the cluttered information messing up your database, it gets hard to make quick and efficient decisions on who to hire.
So, how can you efficiently isolate the fitting candidate from the underqualified when there are so many to scan and assess?
This is where your resume parsing functionality of the ATS steps in to help you parse a resume.
What is resume parsing?
Resume parsing is a technology that allows you to process online resumes and structure the information by extracting data in an intelligent way. It helps recruiters to efficiently manage electronic resume documents sent via the internet.
It extracts essential information like:
How does resume parsing software help?
CANDIDATES ARE EASIER TO FILTER
Freshteam helps parse resumes and populate the candidate profile with the extracted data. This will make your information more structured and your candidate database manageable. Now, you can easily filter for candidates using keywords and tags, instead of trying to recollect which candidate was the ideal hire.
INFORMATION IS STRUCTURED
When you look at a candidate profile in Freshteam, the information is categorised into the right buckets. At one glance, you can get all the important information you need to know about the candidate. This way when you parse a resume, you will have clear data and information to help you make better hiring decisions.
When Freshteam helps you parse resumes, your recruiting efficiency will increase now that a huge workload is off your plate. It eliminates the manual work required from the recruiter’s side and they can use their time more fruitfully for other tasks. When you don’t have hundreds of resumes for various job roles to scan, you can progress to the next stages quicker.
BETTER CANDIDATE EXPERIENCE
When you parse a resume, all your information is screened and ready for assessment. This way recruiters won’t have to ignore potentially great candidates due to the number of applications. They can pick the best candidate and reject the underqualified one better.
INCREASED APPLICATION RATE
With the better candidate experience and faster response rate thanks to the time saved by resume parsing, candidates will want to apply to your company. This efficiency in your process will show and motivate more candidates to apply for your job openings.
What value does a resume parser software add to your ATS?
Resume parsers stand alone are beneficial as they are but having it as a part of your ATS centralises all your hiring tasks in one place.
Only retains the information you need
When you parse resumes, the software extracts the information that is categorised by your ATS. It gets segregated into the necessary categories. Whether it is a 6 page resume or a 1 page resume, your parser and ATS software will work together to present only what you want to see.
Don’t have to juggle between applications
When your ATS has a resume parsing software along with it, the whole process of screening becomes easier. All screening tasks are streamlined in one software, from creating custom application forms all the way till sending pre assessment tests.
Everything is in an organised pipeline
When resume parsing is a part of your ATS you can move through the steps of your hiring workflow quicker. You won’t have to manually add candidates and enter their resume information accordingly, your ATS works with the parser to do it for you.
Integrated with job boards
When your ATS is integrated with job boards the resumes come in automatically and the parsing software simultaneously extracts relevant information. This in turn creates the candidate profile.