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Monday, 03 March 2014 14:19

Ranstad Technologies Ltd

“Randstad Technologies Ltd has used the daXtraCapture service provided by daXtra since April 2011 when we moved to our current CRM, Bullhorn. We have a large flow of CVs into our system from advertising and other sources and we needed a system that would automatically parse those candidates onto our system within certain criteria. We also need the system to be able to let us quickly and easily manage those CVs where we couldn’t verify details or core information was missing. The advantages of their web based interface and the work that daXtra had already done with the Bullhorn API made daXtraCapture an easy choice. We went through a very comprehensive setup to make sure that daXtraCapture was setup to our requirements. Once we were live managing our flow of CVs (with daXtra’s help) we were up and running very quickly. The system is easy and intuitive to use and allows us that balance between getting the CVs onto our system quickly and stopping those that are repeat submissions, missing information or possible updates. This then allows us the peace of mind that the data coming onto our database isn’t corrupt or duplicating current data. The system also parses past employment history as well as being able to link candidate’s responses to the Jobs on Bullhorn (in conjunction with the Broadbean API integration), two things that we weren’t able to do before. daXtraCapture has worked well for us over the last year and helped us manage our database effectively. We look forward to working with daXtra in 2012 and beyond.” Patrick AR Douglas, IT Manager

Monday, 03 March 2014 14:19

HCL

We have been using daXtraCapture for around 8 months. daXtra were our number one choice when we looked at other similar products on the market. We are in a much better position today thanks to daXtra with a much stronger database due to the capabilities of daXtraCapture. The data on our system is much more vast and accurate than when we previously relied on our consultants to input CV data into our database, and we now have a more efficient work force who can concentrate on making sales rather than data entry! We have several different divisions who operate on the same database but in different ways – Richard and the daXtra team were able to help and cater for these differences. The best feature that daXtraCapture can offer in my opinion is the skilling feature. It’s so clever – its not just that it pulls skills out of a CV, it actually “thinks” about the context that the words are used in and also its ability to link alias is also fantastic. Occasionally there are problems – but show me any piece of software that doesn't. But the difference with daXtra is that they resolve these issues quickly as they want their product to be the best product on the market. Would I recommend daXtra to other companies? Yes I would and Yes I have many times.” Rebecca Morling Application Support Manager

 

 

Orion Group specialises in placing candidates in a range of contract and permanent positions, predominantly across the oil and gas sector. Based in the UK, with nine offices nationwide and a further 19 worldwide, this recruitment agency has over 280,000 candidates on their database, and places candidates in roles all over the world.

Orion’s 120 consultants worldwide previously specialised in dealing with contract vacancies, although placing candidates in permanent roles has recently become a major focus.

 

Since purchasing Bond Adapt from Bond International Software nine years ago, Orion Group has been awarded the prestigious Queens Award for Enterprise in the international trade category and in 2010 were placed 1st for engineering recruitment in the 'Recruitment International Magazine' poll.

As a partner of Bond International Software PLC for many years, daXtra have developed a number of products that work seamlessly with Bond Adapt.

The Challenge
Orion Group had a substantial administrative team spread across their office network whose main responsibility was to process CVs and enter them onto the Bond Adapt system. What Orion wanted to do was find a way to streamline these work processes to free up the administrative staff to work on other projects, allowing the recruitment consultants to focus on placing candidates.
 
The Solution
A decision was taken to enhance the already implemented Bond Adapt system with daXtra products. These products included daXtraCapture and daXtraSearch.
 
daXtraCapture is a fully automated workflow process designed to fully automate routine administration tasks such as CV acquisition and processing as well as de-duplication and data-entry. Implementing daXtraCapture is guaranteed to save you time, reduce overhead costs and increase staff productivity.
 
daXtraSearch is a sophisticated search and matching solution that ensures your business finds the right candidates intuitively and flexibly. Using the latest Natural Language Processing technology, it is designed to accurately retrieve relevant candidate records and CVs from in-house recruitment databases, such as Adapt.

Additionally, daXtraSearch links in-house systems with all online CV databases where you hold valid accounts, such as jobboards and social networking sites, enabling a single point of access to all your candidate sources simultaneously. It also offers a simple and intuitive way of sifting, locating relevant CVs and facilitating short-listing and their automatic profiling directly onto your database or recruitment management system.
 

The Results

  • The integration of Daxtra products with Bond Adapt allows Orion Group consultants to access and search the same data from one central system, no matter where they are based in the world.
  • This has proven to be far quicker than a paper based filing system, so making the overall recruitment process far more efficient and timely.
  • The combination of all these factors has resulted in Orion Group seeing annual global savings, which equate to over £1,000,000.
Derek Warrander, IT Service Manager at Orion Group, explains, “The decision to integrate Bond Adapt with daXtra has not only resulted in substantial cost savings across the business but has also saved hundreds of man-hours per week. Previously we had a substantial administrative team across our offices whose dedicated job it was to process CVs and enter them into the Bond Adapt system. With the integration of Bond Adapt and daXtra however, the time previously taken to complete this task can now be put to better use elsewhere, allowing our recruitment consultants to focus their energy on core recruitment competencies, such as placing candidates. The integration of the software itself was flawless, and having this ease of use from the outset immediately confirmed to us that we had made the right choice with our selection of software provider.”
 
Sergei Makhmodov, Commercial Director at Daxtra Technologies, comments, “Some of our clients have reported savings of over 90% of the cost they had previously spent on CV processing and data entry after deploying the daXtraCapture product. Orion Group has achieved dramatic cost savings through the integration of daXtra’s products with their Adapt system, and this is a clear testament to the success of our partnership.
Bond International Software is a major player within the recruitment software industry, with a considerable market share, and a number of top recruitment agencies on their books. Adapt was one of the first recruitment systems we integrated with, and seven years later, we are supporting hundreds of customers as a partnership.”
 

 

 

For a multinational, multilingual, multi-sector organisation, the recruitment software needs of Hudson are broad and vast. A Top 100 recruiter with worldwide revenues of $1.18 billion, to continue to compete in our fast-paced sector, Hudson needed a product that could acquire and process CVs very reliably and in a minimal time.

 

Fast and Formatted

“We were receiving an enormous amount of CVs as e-mail attachments, which arrived neither parsed, nor screened, so we needed a tool that could efficiently sort out our incoming e-mail stream, identify and acquire CVs, process them, and put them into a standard format that we could work with,” says Laurent Chen, Chief Operating Officer for Hudson Europe.

To address these specific needs, daXtra’s team integrated daXtraCapture with Hudson’s existing CRM system. The result was a mechanism by which CVs received by Hudson were spam-filtered and within seconds daXtraCapture, using it's most advanced linguistic and machine learning technology, extracted personal and contact information from the CV's, populated employment and educational details, coded candidate skills with bespoke Hudson’s database codes, applied de-duplication measures and created a standard record in the database as well as in-house style CV for sending out.

“daXtraCapture improved the duplication of CVs quite dramatically,” Laurent explains. "A seemingly simple process, but one which eliminates masses of unnecessary data from the system, reducing the amount of information reviewed by consultants, and thus speeding their ability to match candidates to placements."

Return on Investment

Prior to implementation of daXtra’s system, all CVs received by Hudson had been processed by administrators or their in-house CV centre - an appreciably expensive and time consuming process.

We have certainly seen a return on investment using daXtraCapture”, Laurent continues. “Without daXyra we either wouldn’t be able to code CVs at all, and so would make a poorer return, or we would have to hire people to input the data manually.”

Global Scalability

With the worldwide span of Hudson’s candidate database comes the necessity for multilingual processing capacity. With its support of English, Dutch, German, French,Polish, and other major European languages, with further updates underway, it is a need that daXtraCapture can certainly serve.

Customer Service

Three years since daXtraCapture implementation, our relationship with Hudson remains strong.

 
"From the start we were impressed with the technology”, Laurent explains. “When we first met with daXtra they were a burgeoning new company, and over the [three] years we have worked together they have grown – not only in size but in professionalism. I can’t tell you how well their customer service team deals with complaints – we've had no complaints.”

 

Find out more about daXtraCapture or Contact Us today!

 


Amidst the employment and recruitment challenges of the past 5 years there has been a large growth in recruiters' use of CV management systems, offering a range of advanced functionality, such as DaXtra's world-leading CV parsing, CV search, and CV matching capability, as well as automated CV acquisition. This kind of large scale uptake of new technology is usually associated with a booming economy, rather than one undergoing a major global recession – so here we look at what's driving this uptake, and whether this is likely to end as the economy recovers.


The Legacy of the Recession

With the recent global recession now officially over and economic recovery taking a firm hold in key regions, now is a good time to reflect on the impact of that recession on the recruitment industry.

For those in the recruitment sector the recession meant two key things:

A large rise in unemployment meant greater numbers of people chasing each job advertised, sometimes leading to hundreds or even thousands of applications per vacancy.

Many recruiters streamlined their operations in response to the reduction in demand for recruitment services, resulting in far fewer people available to carry out CV sifting.

The time involved in processing large volumes of résumés with fewer people resulted in big delays for clients with vacancies to fill.

Recruiters were faced with two options: either reduce the quality and fairness of their CV processing (resulting in a lower quality service to clients), or find ways to automate their résumé analysis process, together with a fast way of matching candidates to vacancies.

Faced with this dilemma, recruitment companies have embraced the CV management system as the only viable way of delivering a high quality service while staying competitive with limited human resources. The very best of these systems offer an end-to-end automation process encompassing accurate CV parsing software, with rich database features enabling fast CV searching and matching, easy shortlisting and provision of support for a recruiter's own workflows.

But as the economic recovery gathers pace, will this dependence on automated résumé management systems decrease? This seems highly unlikely based on a number of economic and technological realities.


The Post-Recession Recruitment Environment

The recession may be technically over in many regions but there are still significant challenges for employment and recruitment generally.

Although employment levels are moving in the right direction, the pace is slow and there are still many applications per post, particularly in some sectors.

At the same time, recruiters have become used to the many efficiency and quality advantages offered by CV technology, and have learned that it allows them to achieve more with less. Growing a recruitment business now means building high quality client lists and expanding globally rather than (necessarily) going back to previous staffing levels. And with modern CV parsing software able to closely match human accuracy (DaXtra's résumé parser, in particular, can achieve up to 95% accuracy out of the box, for 20+ global business languages), reverting to manual CV processing offers no advantages whatsoever.

The recessionary period has also seen the emergence of social recruiting and online CV acquisition, which further adds to number of CVs to be processed.

At the same time we have also seen a change in the behaviour and expectations of applicants, especially amongst the younger age groups where competition for jobs is fiercest. Job seekers seem to have accepted the automation of the recruitment process – perhaps because it fits their model of how to communicate and network on a more general level. Many applicants now assume that their résumés will be processed by CV software, and prepare their CVs accordingly.

In short, the motivation to use an automated CV management system at the heart of a recruitment operation is just as great, if not greater, than ever before.

The Future of the CV Management System

So with these trends in mind, what developments can we expect to see in recruiting software in the future?

Social networks, including business/professional networks, will continue to evolve and grow as a major tool for both applicants and recruiters. We can reasonably expect there to be a continuing stream of innovations affecting the use of the internet for networking and recruitment, and so résumé management systems of the future will need to keep on evolving to take advantage of these developments.

Another trend which we can virtually guarantee is the high level of competition between recruitment agencies. If recruiters perceive a competitive advantage to using technology as part of the recruitment process, then there will be pressure from recruiters themselves for résumé management systems to become even better, to maintain and improve that competitive advantage. Niche recruiters have already discovered that access to advanced CV technology allows them to compete effectively with larger recruiters on a global scale.

We can safely say that the CV management system is now a permanent feature of the recruitment industry – and DaXtra in particular is working constantly to improve its systems to meet the needs of recruiters, from large corporate recruitment operations to small, specialist agencies.

Find out more about how a CV Management System by checking the "Products" section in our website.

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