We live in the age of AI which is synonymous with the age of transformation and limitless potential for the human race. This limitless potential is now also applicable to the field of recruitment with the advent of AI recruiting software that assists with numerous aspects of the recruitment processes that range from recognizing and sourcing candidates to assessing their competence and suitability for a specific role.
The Benefits of Using AI for Recruitment
Recruiters are well acquainted with the numerous struggles that accompany their job. Some of their struggles include:
- Difficulty in finding qualified candidates
- Time-consuming screening formalities
- Difficulty in managing and keeping track of scores of applications,
From streamlining the recruitment process in order to make it more efficient, to ensuring a more objective and unbiased execution of the same, AI Recruitment tools are indeed a boon to recruiters.
The benefits of using AI recruiting tools include:
- Cost-effectiveness
- A significant reduction in time to hire
- Reduction in human bias thereby enhancing diversity and inclusion
- Ensures quality hires
- Assistance in streamlining the recruitment process
- Repetitive tasks are automated
- Candidate experience is greatly improved
- Grants access to a larger candidate pool
Top 10 AI Recruiting Software for SMEs and Enterprises To Simplify Hiring Operations In 2023
A new year warrants a new and updated list of the best AI-based recruiting software to aid recruiters. This list takes a look at the best of the best in the game, based on the following-
- Functionality
- Ease of use
- Scalability
- Scope for integration
- Cost-effectiveness
If the best is what you seek for yourself this year, take a look at the10 best AI Recruiting software for SMEs and enterprises to simplify your hiring process in 2023:
1. Zappyhire
With the motto “Automate hiring without changing the hiring process”, Zappyhire, an AI-powered talent acquisition suite, is at the number one spot as it checks off all the boxes on every recruiter’s list, making it this year’s best AI recruiting software.
Features:
- Applicant Tracking System (ATS)
- Recruiting chatbot
- Intelligent semantic resume parser
- Robotic video interviews with AI assessments
- Integrations with third-party tools
- Assistance in building an effective recruitment marketing strategy
- Predictive analytics and hiring
Stand Out Features :
- 16+ data points to get a 360-degree view of the candidate
- Fully customizable with custom fields and reports
- Advanced Analytics and Reporting Module
- Comes as a plug-and-play model as well
- Measure job skills using gamification
- Smart recommendations
Best suited For: Small and Medium Businesses
Recruiter’s Checklist:
✅ Budget Friendly
✅ Advanced Candidate database management
✅ Completely customizable configurable
✅ 360° candidate view
✅ Dedicated interviewer portal
✅ Chatbot to answer FAQs
✅ Dedicated support channel
✅ Scalable
Score: 8/8
2. Greenhouse
Greenhouse is a hiring operating system that aims to provide its clients with structured and organized hiring strategies. As one among the top AI recruiting software, it aims to optimize the numerous spheres of hiring and provides its users with a wide range of AI solutions to improve the quality of hires and the overall experience for everyone involved.
Features:
- Applicant tracking
- Structured hiring
- Automated task management
- Multichannel sourcing
- Core reports
Stand Out Features:
- Mobile Application
- Functions as a strategic partner to its clients
- Provides assistance during the onboarding process.
Best suited For: Enterprises
Recruiter’s Checklist:
❌ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
✅ 360° candidate view
❌ Dedicated interviewer portal
❌ Chatbot to answer FAQs
❌ Dedicated support channel
✅ Scalable
Score: 3/8
3. Workable
Workable is an easy-to-use AI-based recruitment platform that helps recruiters source, attract, evaluate and hire prospective candidates.
Features:
- Inbuilt candidate sourcing
- Single-click posting for 200+ job sites
- AI-powered recommendations and suggestions
- Resurfacing past applicants
- Advanced referrals
- Internal mobility portals
Stand Out Features:
- Centralized hiring dashboard
- Interview kit and score cards
- Mobile-friendly application forms
Best Suited For: Large companies and enterprises
Recruiter’s Checklist:
❌ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
❌ 360° candidate view
❌ Dedicated interviewer portal
❌ Chatbot to answer FAQs
✅ Dedicated support channel
✅ Scalable
Score:3/8
4. Skillate
Skillate describes itself as an “advanced decision making engine” that caters to a company’s recruitment needs and expedites its associated processes.
Features:
- Chatbot screening
- Real-time feedback
- Masking personal information,
- Reports on hiring patterns
- Ranking on skills
Stand Out Features:
- Smart JD assistant
- Intelligent matching engine
Best Suited For: Large businesses
Recruiter’s Checklist:
❌ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
❌ 360° candidate view
❌ Dedicated interviewer portal
❌ Chatbot to answer FAQs
✅ Dedicated support channel
✅ Scalable
Score: 3/8
5. BambooHR
A platform that enables the streamlining of repetitive and mundane tasks, BambooHR caters to numerous operations such as sourcing and hiring candidates, managing and tracking their payroll and performance.
Features:
- Employee records
- Standard reports and analytics
- Time-off management
- Mobile application
Stand Out Features:
- Employee self-service
- Email support, that improves the candidate, recruiter and employee experience.
Best Suited For: Small to mid-sized companies
Recruiter’s Checklist:
✅ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
❌ 360° candidate view
❌ Dedicated interviewer portal
✅ Chatbot to answer FAQs
✅ Dedicated support channel
✅ Scalable
Score:5/8
6. SmartRecruiters
Having been designed and developed for enterprises, SmartRecruiters, an enterprise hiring platform, is well aware of the struggles that recruiters face on a daily basis.
Features:
- Text recruiting
- Chatbot recruiting
- One-click apply process
- Integrated candidate messaging
- Advanced search option,
Stand Out Features:
- Cross-channel recruitment marketing tools.
- Predictive posting services
- Build custom career sites
Best Suited For: Enterprises
Recruiter’s Checklist:
❌ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
❌ 360° candidate view
❌ Dedicated interviewer portal
❌ Chatbot to answer FAQs
✅ Dedicated support channel
✅ Scalable
Score: 3/8
7. Manatal
An AI recruitment software developed to aid recruiters in hiring efficiently and effectively, Manatal offers hiring solutions such as enabling their clients to source candidates with ease and an effective Applicant Tracking System, among others.
Features:
- Imports potential candidates directly from LinkedIn
- Extracts resume information directly
- Launching and managing candidate referral programs
- Ridding databases of duplicate candidate information.
Stand Out Features:
- Mobile application
- Branded Career Page
Best Suited For: Small to mid-sized companies
Recruiter’s Checklist:
✅ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
✅ 360° candidate view
❌ Dedicated interviewer portal
✅ Chatbot to answer FAQs
❌ Dedicated support channel
✅ Scalable
Score: 5/8
8. Zoho Recruit
Zoho Recruit is an AI-based recruiting software that caters to everything that ranges from sourcing and attracting talent, to tracking, managing and hiring the candidates, facilitating an efficient recruitment process.
Features:
- Hiring analytics
- Background screening
- Onboarding assistance
- Social recruiting
- Collaborative hiring
Stand Out Features:
- Social recruiting
- Predictive data analytics
Best Suited For: Small to mid-sized companies
Recruiter’s Checklist:
✅ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
❌ 360° candidate view
❌ Dedicated interviewer portal
✅ Chatbot to answer FAQs
❌ Dedicated support channel
✅ Scalable
Score: 4/8
9. Eightfold
Eightfold is an AI-powered talent acquisition platform that caters to a wide range of recruitment operations and provides clients with numerous solutions to address their talent acquisition woes with the goal to hire a diverse workforce.
Features:
- Ease of integrations accelerates time to value
- Equal Opportunity Algorithms
- Capability dashboard
- Talent Insights
Stand Out Features:
- Job intelligence engine
- Capability dashboard
Best Suited For: Large companies and enterprises
Recruiter’s Checklist:
❌ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
❌ 360° candidate view
❌ Dedicated interviewer portal
✅ Chatbot to answer FAQs
❌ Dedicated support channel
✅ Scalable
Score: 3/8
10. HireVue
This talent experience software is designed to simplify hiring and automate workflows. HireVue provides users with a quicker, fairer and more flexible hiring process governed by automation.
Features:
- Interview builder
- Text recruiting
- Conversational AI
- Automation powered by text
Stand Out Features:
- Self-scheduling option
- Interview builder
Best Suited For: Large companies and enterprises
Recruiter’s Checklist:
❌ Budget Friendly
❌ Advanced Candidate database management
✅ Completely customizable
❌ 360° candidate view
❌ Dedicated interviewer portal
✅ Chatbot to answer FAQs
✅ Dedicated support channel
✅ Scalable
Score: 4 /8
To sum up, organizations must leverage technology and embrace data-driven recruiting to stay competitive and make the best hires. Bad hires can cost up to 5 times the position’s annual salary (HBR study), making it especially concerning during the current economic crisis. It is crucial to mention that each company is unique and therefore, it is essential for these companies to conduct proper research to determine the most suitable AI-based recruitment platform to address their needs, one which is most congruent with their vision, mission and goals.