Huntica Offers 70% Time-Savings in Recruitment's Initial Stages. Here's How They Do It

The traditional hiring process, with its lengthy timelines and high costs, has become much more challenging to deal with as the demand for new jobs and the spike of candidates continue to grow. From unconscious biases to legal pitfalls, the intricacies of the modern hiring process entail that every decision can make or break an organization's future – all while having HR professionals deal with the reality of sifting through hundreds of resumes for a single position and delivering top-notch results.

The US employment statistics for 2023 paint a promising picture for the recruitment industry. With the unemployment rate dropping to 3.8% in August and the economy adding 235,000 jobs in the same month, the demand for efficient recruitment processes has never been higher.

The modern corporate world

There has recently been a rising demand in key sectors, including professional and business services, transportation and warehousing, and private educational services. This means that a surge in hiring for these sectors is also anticipated, along with any of the hiring demands across other industries. With the US labor force participation rate at 61.7% and the employment-population ratio at 59.4%, there's a vast pool of potential candidates. To tap into this talent and find the best fit, recruiters require sophisticated HR tech solutions that can quickly sift through enormous amounts of data.

"It's imperative for the United States to maintain its status as a global leader in various sectors," shares Vasily Kostin. "It's undeniable that the nation needs the right Human Resources Technology as it significantly contributes to the growth, efficiency, and competitiveness of the nation."

Kostin is the CEO of Boson Group Inc., which comprises a group of companies and a team of experts looking into better ways of helping organizations keep up with the high demands. Their flagship product, Huntica, has been crafted to do just that. 

What is Huntica?

Huntica has adopted a modern recruitment approach by integrating AI-driven interviews and assessments. Through machine learning algorithms, the platform provides a more nuanced evaluation of candidates during video interviews. This method ensures both consistency and impartiality through its structured Interviewing system.

Understanding the dynamic nature of today's recruitment industry, Huntica has introduced On-Demand Interviews. This adaptive feature allows candidates to participate at their preferred times and also ensures accessibility across various devices, thanks to its mobile compatibility. Such flexibility is further enhanced by the platform's ability to seamlessly integrate with existing Applicant Tracking Systems (ATS), making it a complementary tool in the broader HR ecosystem.

Beyond the technical aspects, Huntica puts high regard on collaboration. Their platform is designed as a collaborative hiring environment, which promotes synergy among recruiters, hiring managers, and other key stakeholders. 

Huntica's candidate engagement tools also ensure transparent and effective communication throughout the recruitment journey. To give recruiters a holistic view of the entire process aiding in more informed decision-making, Huntica offers recruiters data-driven analytics, which provides them with valuable insights into a candidate's performance.

“In addition to the traction that Huntica has gained in the market, we have also generated

significant revenue, showcasing the demand for our innovative solution and its potential for future growth,” shares Kostin.

With these innovations, Huntica has achieved a significant milestone: a 70% reduction in time spent during the initial stages of recruitment. This efficiency speeds up the hiring process and ensures that companies get the best talent without the traditionally associated high costs. At present,the platform has been used to conduct thousands of interviews, demonstrating its effectiveness in streamlining the recruitment process for organizations.

"These technologies allowed us to bridge the knowledge gap and eliminate biases stemming from a lack of understanding or unfamiliarity with diverse roles," Vasily Kostin concludes. "We're reshaping the industry and redefining the very parameters of what an HR tool can achieve." 

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