| Intelligent
Data Extraction (IntelEx) Engine is one of the key value propositions
of Résuméfox. This engine eliminates the need for
manual data entry of candidates' information into the database,
which results in not only a huge saving in cost, time, and manual
effort, but also a drastic reduction in time-to-hire. It contributes
in a major way in enabling the organizations to hire the best
person for a job at the right time.
The IntelEx engine automatically scans the resumes, parses
their contents and extracts from them important information
such as first name, last name, date of birth, location, qualifications,
experience, email addresses, and phone numbers with an impressive
accuracy. The IntelEx engine can work with resumes sitting in
the form of emails in Microsoft Outlook or as simple files on
users machine.
This sophisticated software has been built after analyzing
tens of thousands of resumes from different domains and geographies
and has been fine-tuned over time using the technics of artificial
intelligence and natural language analysis. It involves complex
logic and heuristics that make it very accurate. The average
accuracy of information extracted is over 95%.
Recruitment professionals have been long telling that although
they typically sit atop a goldmine of excellent resumes, the
sheer volume prevents them from clicking on any of them, since
it would at a best be a random attempt. Given the ferocity of
the war for talent today, only people who can click on the right
resume at the right time stand to gain.
The IntelEx engine of Résuméfox enables the organization
to unravel the goldmine and leverage it in their talent acquisition
strategy.
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