One of the important areas and duties of the HR department is recruitment, and businesses today are working hard to attract and retain top personnel. After all, good employees are a company's most valuable asset. However, recruitment comes with its own set of challenges, and limiting down the applicants for a certain position is one of the most challenging aspects of the process. The recruitment team will have to sift through the applications of hundreds of job seekers to do this. Resume parsing is what we call this process, and this is the most time-consuming aspect of the hiring process.

Challenges of Manual Resume Data Extraction

Members of the recruitment team must go through each application in order to extract the data, which may be taxing to say the least, especially when applicants submit resumes in numerous formats. The following are the key challenges recruiters face when it comes to manual resume data extraction.

• Exhaustive task that takes lot of efforts
• Needs recruiters to invest too much time
• Difficulty to extract data from diverse resume templates
• Organizing the extracted data in a presentable format is challenging

How the Resume Parser Platform Helps

Thankfully, you may use the new age resume extraction tool, which is an AI-based platform that automates the complete process of resume data extraction from beginning to end. In other words, the resume extraction tool like Digital Resume Parser handles the parsing process automatically, eliminating the need for human involvement. Here are some of the various ways that the resume extraction tool might assists your recruitment team in overcoming the challenges.

Boost in Efficiency

Analyzing resumes with resume extraction tool minimises the necessity for manual data entry. You won't have to keep retyping candidate details if you use one of the new age resume extraction tools, powered by machine learning technologies, to do all the work for you.

You'll also save time as you no longer need to sift through resumes for hours. Instead, you'll be able to examine the resume parsing structure to determine who has relevant work experience and who does not. You'll be surprised at how many hours you may save just by organising your data, which improves the efficiency of the process.

Elimination of Human Errors

Another key advantage of using AI-powered resume extraction tool, such as Digital Resume Parser, is that it automates the entire process of extracting and organising data from resumes, eliminating the need for manual data entry. As a result, the possibility of human errors is eliminated. Recruitment professionals would never be able to manually separate or segregate such data without the use of a CV parsing software.

Better Data Management

It might be difficult for recruitment professionals to keep everything organised for quick and easy reference when hundreds of resumes are sent for a job opening. Your recruitment staff will need a resume extraction tool powered by artificial intelligence for managing enormous volumes of application data for simple access. After all, organizing all of your applicant data in one place with the help of a resume extraction tool makes comparing and selecting candidates much easier.

Effective Data Maintenance

When people submit you their resumes, you'll get them in a range of formats, with next to no consistency in the way they're presented. As a result, it might be quite difficult to simplify the data. The recruitment professionals can standardise the format in which resumes are stored in their database by using CV parsing software. This simplifies the process of managing vast candidate pools and eliminates ambiguity.

Want to explore more on what Digital Resume Parser, a resume extraction tool that is a one stop solution for multiple industries, offers? Explore how a powerful CV parsing software can simplify recruitment process for your HR. Visit the website or drop us an email on tdg-marketing@thedigitalgroup.com and our team will help you with your queries.

Read: Assure Complete Privacy of Resume Data with Digital Resume Parser