HireAbility’s ALEX Resume Extraction Appears in Fordyce Letter

HireAbility’s ALEX Resume Extraction Appears in Fordyce Letter (Internet Recruiting Column by Mark Berger with Ken Smith on Evaluating Resume Parsers)

HireAbility(r), reports that its ALEX resume parser appeared in the April 2005 issue of the Fordyce Letter, the recruiting industry’s information gold standard. The article of note, titled Einstein in a Box, was published in Mark Berger’s Internet Recruiting column.

The article, found at http://www.resumeparser.com/fordyce.html and in the subscription-based newsletter, is an educational look at resume parsing and data extraction. It will prove to be a valuable read for any recruiter, and specifically a must-read for anyone looking to make their recruiting efforts and applicant tracking more effective. Mr. Smith pointed out six areas of concern for evaluators and gave examples for each. The benefits of automating the application process within an Applicant Tracking System include: reduced data entry, faster placement, fewer lost candidates, greater ROI attracting candidates, and many others.

The article speaks to the ROI that users can gain through this technology and how superior technology yields a higher ROI. The ROI of automating the candidate application process in your ATS or HRMS is immediately evident, Smith remarked. As HireAbility’s Director of Business Development, Smith is imminently qualified to advise on the process and elements involved. Since joining HireAbility, Smith has assisted many companies in their quest to reduce their time-to-hire and cost-per-hire by employing these tools. He has much to teach about upgrading one’s Applicant Tracking System or Human Resources Information System to include automatic resume processing. He recommends evaluating ATS and HRMS technology based in part on their resume processing functionality. If you’re in the market for an ATS/HRMS or your current vendor does not provide this functionality, you should read this piece, continued Smith.