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GenAI-Powered Recruiters Boost Qualified Candidate Pools By 55%

Dec 04, 2023 - forbes.com
Sense Talent Labs has developed an AI-powered talent engagement app, GenAI, that reduces cost per hire and accelerates the hiring process. The app provides personalized candidate journeys from sourcing to onboarding, automating recruitment tasks and creating job descriptions and screening questions. The app is used in a variety of industries and has reportedly reduced time to hire by 30% and cost per hire by 35%, while increasing the number of qualified applications by 55%.

The GenAI chat bot, embedded in SAP SuccessFactors, sources and pre-qualifies candidates from an organization’s existing applicant database and new applications. The bot asks important questions based on the job description and schedules interviews with appropriate hiring managers. The bot can be customized depending on the complexity of the job and can communicate in a style that reflects the company culture. The Sense AI powered talent engagement app is available on the SAP Store.

Key takeaways:

  • Sense Talent Labs has developed an AI-powered talent engagement app called GenAI that reduces cost per hire and speeds up the recruitment process.
  • GenAI automates recruitment from job requisition to hiring, creating job descriptions, screening questions, and personalized chat bots for each role.
  • The Sense AI Copilot, embedded in SAP SuccessFactors, sources and pre-qualifies candidates, asking important questions based on the job description and scheduling interviews with appropriate hiring managers.
  • Sense was launched to help companies address the challenge of hiring great talent to fuel growth, and has experienced its own expansion after participating in the SAP.iO Foundry Tel Aviv.
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