In late 2022, RedNevada.AI performed extensive market research into how AI technology could benefit the recruitment life cycle from initial job description through to placement. The research showed that the recruitment process can be very time and labour intensive and that success rates per applicant are directly related to the quality and accuracy of the work put in. The team at RedNedava.AI set out to use AI technologies to significantly increase the efficiency of this process and to help achieve a much higher applicant success rate. The result was RAI, the most comprehensive and advanced solution in the market.
RAI was extensively tested with a wide range of pilot customers across multiple geographies and industries to ensure the efficiency cost saving and that it properly assisted the people who will directly benefit from a toolset such as RAI. Following the results of this testing the final RAI product set was released and launched today.
RAI is an AI powered, web-enabled toolset that provides recruiters, HR / Talent teams, CEOs and Founders with a set of capabilities, acting as a co-pilot throughout the recruitment lifecycle. These include automated role description generation and review, role advert generation with company context, include D&I and SEO, advanced CV screening, contextual interview question generation with supporting information, interview response analysis including recorded interview translation and interpretation and the ability to store key data for future analysis and reference.
In market tests, RAI produced a 55% decrease in recruitment costs through efficiencies, a 35% decrease in time to analysis and short-list candidates and a 60% increase in job to candidate qualification through equipping users with more accurate inputs to the process.
“We are delighted to officially announce the launch of RAI, the leading AI enabled recruitment tool in the market. We worked with pilot customers of all sizes and complexity across a number of industries, including the recruitment industry, to test our hypothesis - that AI can dramatically improve the efficiency and accuracy of the recruitment process,” said Stuart Houghton, Founder and CEO of RedNevada.AI. “The results were outstanding and we were very pleased to see pilot customers become paying customers on launch. A core principle of ours that our solutions act as co-pilots and don’t take away from a human decision being made, but significantly increase the efficiency and accuracy of that decision. AI enabled technology solutions are having a significant effect on the global market and we are pleased to be leading the industry in the AI Recruitment space.”
RAI is already being used by a very rapidly growing set of customers with 100s of users. Customers cover recruitment agencies, ATS (Applicant Tracking Solution) providers, leading software firms, the automotive industry, consultancy and manufacturing…. demonstrating it truly is industry agnostic.
RAI is releasing functionality every month with future functionality considerations including candidate attraction rating, customer specific AI models, multi AI engine use, learning models, multi-lingual translation, sales & marketing functionality and additional candidate functionality.
“RedNevada's RAI is the best AI recruiting software in the market. It not only saves significant time on manual hiring processes, but also allows me to concentrate on other HR projects and contribute to the business's overall strategy,” said Jen Stockton-Pugh, HR lead for Planixs, a global FinTech.