Top 5 AI Tools Transforming Human Resources Management
In the era of digital transformation, artificial intelligence plays a key role in transforming many areas of business, including human resource management. AI technologies allow HR specialists not only to improve their efficiency but also to focus on strategic tasks such as attracting talent, developing employees, and creating a strong corporate culture. In this article, we will look at the 5 best AI tools of 2024 that are already changing the approach to HR and helping companies reach new heights.
AI in HR: The Capabilities of Tools
First, let's figure out what human resources management with artificial intelligence support is and how it helps HR specialists. Today, AI technologies are widely in demand for automating and optimizing employee search and personnel management processes. They are used for mass compilation and publication of vacancies, scanning resumes, assessing applicants for compliance with the necessary criteria, accelerating the onboarding of new employees, and more.
In the HR field, AI tools successfully perform the following tasks:
- Attracting candidates and interacting with them. With the help of AI solutions, recruiters automate the creation of job descriptions, questionnaires, tests, and evaluation criteria. Chatbots are no less in demand. They are used as the first point of contact with applicants on websites, social networks, messengers, and other digital channels.
- Interview scheduling. AI assistance in developing and adjusting interview schedules significantly simplifies and accelerates these processes. By minimizing errors and inaccuracies, their effectiveness increases.
- Candidate evaluation. AI algorithms perform fast, accurate, and unbiased analysis of job applicants, helping to select the best candidate for a given position. AI-powered applicant tracking systems (ATS) quickly sift through thousands of resumes to find the perfect fit.
- Recruitment and onboarding. AI tools are very useful in creating a personalized onboarding experience. The machine learning technologies used by these services help new employees go through the onboarding stage efficiently and comfortably. In addition, they easily scale these processes when mass training of personnel is required.
- Automate the work of an online store or landing
- Empower through integration
- Don't spend money on programmers and integrators
- Save time by automating routine tasks
HireVue
The HireVue platform is one of the most popular AI tools for HR. It offers end-to-end solutions for searching, assessing, and hiring personnel in many industries: from manufacturing and retail to finance and IT.
Key features:
- The conversational AI assistant conducts initial interviews 24/7, helping you find a candidate with the necessary skills faster.
- The AI platform for human resources management automates the process of moving applicants through the ATS funnel after each interaction and sends them text messages about subsequent actions.
- Using the service's tools, recruiters can launch automated distribution of invitations, notifications, and reminders to candidates via email, SMS, WhatsApp, or other communication channels.
- Automated interview scheduling tools integrated with AI optimize the process, help avoid coordination issues, and reduce no-show rates.
- HireVue Builder helps you simplify and speed up the development of structured interviews, including preparing questions, templates, and assessment guides for any job opening.
- The video interview module integrated with ATS allows you to conduct effective online interviews at any time and from any location in a matter of minutes, with maximum comfort for all participants in the process.
HireVue offers three pricing plans with different feature sets:
- Essential – from $35k.
- Enterprise – from $75k.
- Premium – the cost is calculated individually and is provided upon request.
Harver
Harver (formerly Pymetrics) is a cloud-based AI software for HR that uses artificial intelligence algorithms to optimize HR processes. Its intelligent automation tools flexibly adapt to the tasks and needs of HR specialists, delivering the desired result.
Key features:
- The platform automatically scans jobseekers' profiles from various sources (company databases, job boards, social networks, etc.), accurately identifying suitable candidates.
- AI algorithms automate screening processes by evaluating candidates' resumes, cover letters, and other documents for the necessary skills and experience.
- The built-in video interview module allows recruiters to conduct interviews online quickly and conveniently. This saves a lot of time and other resources when selecting personnel for remote work.
- Harver has its own library of testing materials, which includes cognitive tests, tests for assessing professional skills, personality traits, and more. In addition, features for gamification and personalization of questions are available.
- The analytical and reporting tools available in the system help companies improve the quality and productivity of management of human resources.
- The platform provides customized solutions for various tasks and industries, including retail, financial services, IT, media and telecom, manufacturing, healthcare, education, and more.
Harver's pricing varies depending on the solution a customer needs, the number of employees on staff, and the ATS they use. A free demo is available.
Eightfold.ai
Among the popular AI tools for HR professionals, the Eightfold.ai platform deserves special attention. It provides wide opportunities in the field of recruiting and personnel management. The AI and ML algorithms it uses help employers automate data analysis, communication with applicants, and other HR processes.
Key features:
- The AI recruiting platform uses deep learning models to find suitable candidates based on their experience, skills, and potential.
- Recruiters can solve work tasks faster and more efficiently using AI automation triggers. For example, they can automatically send interview requests to candidates with the ability to choose a time.
- The platform's AI tools for HR teams rank candidates based on criteria that are important to employers, including their skills, experience, potential, salary range, and more.
- The system's algorithms ensure the most fair, objective, and unbiased approach to personnel selection. They consider only the professional skills, experience, and expertise of the candidate, and not their biography or other personal information.
- The platform analyzes the competencies of current employees and identifies gaps in their skills. Based on this analysis, it provides personalized recommendations for training and professional development.
- Built-in reporting and analytics provide HR managers with up-to-date data on employee competency and performance, as well as other important HR trends.
Eightfold.ai pricing depends on the size of the company and the features required. For a small business with 10 employees, the cost of using the platform starts at $1,000 per month. Large enterprises with more than 1,000 employees will cost about $10,000 per month.
Oracle HCM Cloud
Oracle Human Capital Management (HCM) Cloud is confidently included in the top AI tools for HR. This system is designed for medium and large businesses. With its help, HR departments of companies can more effectively manage the full cycle of interaction with employees.
Key features:
- AI tools integrated into this human resources management software help to create job descriptions and develop landing pages for them. In addition, they make it easy to create knowledge bases and FAQs, and prepare questions for tests and surveys.
- Using the system’s AI algorithms, HR specialists can formulate personal and team goals faster and more accurately, as well as analyze staff performance. Artificial intelligence helps them optimize the creation of onboarding materials and the scoring of candidates based on a number of criteria.
- Talent Management allows you to develop, implement, and evaluate a talent management strategy. It contains a set of tools for personnel selection and adaptation, their training, and professional growth.
- Workforce Management provides a wide range of functionality for HR management, including aspects such as productivity, working hours, leaves, benefits, insurance, and so on.
- The Payroll module has powerful tools for calculating and accruing wages, bonuses, premiums, and other payments. With this integrated solution, employers can control wages much more effectively.
- Oracle Cloud HCM Analytics provides comprehensive analytics and reporting across a range of important criteria: hiring and talent management, turnover, performance monitoring, training, compensation, and more.
Those interested in using Oracle HCM Cloud should contact the sales department to receive a customized quote. According to information available online, the average prices for the platform range from $4 to $15 per employee per month for companies with more than 1,000 employees.
Zoho Recruit
Rounding out our review of the best AI tools for HR is a well-known cloud platform for recruiting and personnel management — Zoho Recruit. It provides a comprehensive solution for HR departments and recruiting agencies.
Key features:
- The system's AI algorithms automate the processes of preparing and publishing job postings on multiple specialized sites and popular social networks. A large library of posting templates is available.
- Zoho Recruit's AI technology performs analytical screening of resumes to find candidates whose skills and experience match employers' requirements.
- AI tools for HR management platforms allow HR managers to efficiently automate interactions with jobseekers. For example, they can be used to create personalized workflows to send alerts and triggers at specified touchpoints.
- The service has a built-in video interview module. It allows you to conduct remote interviews with candidates online, as well as schedule and send interview requests directly from the candidate's profile.
- Additional tools: screener, parser and resume extractor, built-in ATS and recruitment funnels, automated candidate analysis and assessment, client portals. The last tool is relevant for recruiting agencies.
Zoho Recruit offers three pricing plans for enterprise HR departments:
- Free (1 vacancy).
- Standard (10 vacancies) – €25 per user per month.
- Enterprise (20 vacancies) – €50 per user per month.
There are four plans available for recruiting agencies:
- Free (1 vacancy).
- Standard (100 vacancies) – €25 per user per month.
- Professional (250 vacancies) – €50 per user per month.
- Enterprise (750 vacancies) – €75 per user per month.
The prices listed are valid if you pay for the entire year at once. If you pay monthly, the cost will be higher. Each plan includes a 15-day free trial period. In addition, there is a 45-day money-back guarantee if you are not satisfied with something and do not want to continue using the platform.
Conclusion
Today, advanced artificial intelligence and machine learning technologies are turning recruiters into masters of human resources management. It is no surprise that most top HR platforms have successfully integrated AI-tools into functionality, making them available to a wide audience of users. HR specialists can effectively optimize key processes for searching, evaluating, hiring, onboarding, and managing personnel. As a result, they increase their efficiency and free themselves from a number of repetitive, routine tasks.
Remember that using our ApiX-Drive online connector, you can automate processes on your own without any coding or special skills required. Be sure to check out our step-by-step guides to set up the integrations: