Simply Augmented Collaborates with DOXA Talent to Launch AI Resume-Review
DOXA® Talent, a leader in talent acquisition, proudly announces a strategic partnership with AI solutions provider Simply Augmented to develop and introduce a cutting-edge AI program designed for resume analysis and candidate ranking. This collaboration marks a significant advancement in streamlining recruitment processes for DOXA’s internal teams and its valued clients.
DOXA CEO, David Nilssen, expresses enthusiasm about the partnership, stating, “DOXA has made a deliberate investment in proprietary AI tools, and our first initiative shows tremendous promise, potentially transforming our recruiting process. By targeting the most qualified applicants faster, we aim to provide our clients with superior talent in a more efficient manner.”
Strengthening Search Trough AI
Simply Augmented CEO, Boaz Ashkenazy, highlights the impact of the collaboration, saying, “Through this partnership, we’ve developed an AI resume screening tool that ensures DOXA Talent can swiftly match candidates with the right opportunities. This tool represents a significant step forward in scaling DOXA’s core business workflows and enhancing its recruiting capabilities.”
The AI tool is set to be unveiled at the upcoming DOXAcon24 three-day conference in January 2024 and will enter commercial use during the first quarter of the same year.
DOXA currently processes around 2,000 resumes weekly, a task that consumes a substantial amount of time for the team and introduces delays in the hiring process for DOXA clients.
Ashkenazy notes that the tool addresses the challenge of human bias in resume reviews. “Manual review of resumes by recruiters can inadvertently introduce bias, affecting the accuracy of resume scoring and the subsequent ranking process.”
While other AI hiring instruments exist, this tool has been purpose-built for DOXA and tailored to the unique needs of its clients. Simply Augmented, with its deep domain experience, specializes in helping small to medium-sized businesses leverage AI for better business outcomes.
Utilizing large language model (LLM) technology, the system evaluates and ranks candidates based on their compatibility with specific job descriptions. Team members can access the tool via an API or through a user interface to easily upload resumes and review results. The tool generates a score based on weighted requirements, undergoes rigorous testing for accuracy, and addresses factors such as bias, reliability, repeatability, auditability, and cost.
Nilssen emphasizes, “Simply Augmented took the time to really help us understand the root issues and then develop a bespoke solution that will deliver maximum value.”
Key Benefits of the AI Tool:
- Faster access to more qualified workers
- Reduced hiring time by two to three days
- Lower cost of acquisition
- Increased placements per recruiter
Nilssen underscores the importance of AI in enhancing worker productivity, stating, “DOXA believes a human + AI approach will be critical to delivering the highest value to our customers in the next decade.”
This new AI partnership is poised to play a pivotal role in DOXA’s strategic vision, ensuring the company continues to deliver unparalleled value to its clients while enhancing employee satisfaction.