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Peoplebank Parses on Skilled Candidates
Date: 16th of June 2010
Peoplebank has signed an agreement with Daxtra Technologies to use the UK company’s world-leading software for automating the analysis of job applicants’ information and skillsets. Based on initial experiences, Peoplebank estimates that the platform will speed its analytic processes by around 80%, giving the recruiter faster speed-to-market and reducing its teams’ administrative loads.
Daxtra’s CandidateCapture platform automatically create and update candidate database records, by undertaking semantic analysis that extracts meaningful information on key parameters such as qualifications, years and recency of experience. CandidateCapture fully automates the processing of resumes, as they arrive, and promises accuracy above 90% in its analysis – a level that approaches human accuracy standards.