shot-button
Banner Banner
Home > Brand Media Stories > Business And Services Stories > Article > AI powered platform Instahyre accelerates the hiring process by 75 percent for corporate giants
Banner

AI-powered platform, Instahyre accelerates the hiring process by 75 percent for corporate giants

Updated on: 07 May,2024 02:19 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

Instahyre's filters efficiently streamline the recruitment process, saving recruiters significant time.

AI-powered platform, Instahyre accelerates the hiring process by 75 percent for corporate giants

Instahyre

Instahyre, an advanced hiring platform based on artificial intelligence, enables recruiters to hire top talent effortlessly. Instahyre has helped many top brands like Oracle, Salesforce, Optum, and Navi - to name but a few - automate their hiring process by providing filters for easy screening of candidates and automated reminder emails to boost the response rate.


For long, companies have been struggling with filling open positions with the right talent because of how cumbersome, unstructured, and protracted the hiring process is. There are multiple problems they face - from difficulty in finding culturally fit candidates on traditional portals, highly irrelevant candidates, delays in the closure of job positions leading to higher turn-around time, the presence of duplicate and outdated resumes, and finally the extremely high cost of hiring mailers by using third-party sources.


And the proof is in the numbers! Instahyre has been able to accelerate the hiring process by 75%, while boosting productivity and reducing turnaround time by 80%. Candidate relevancy and quality jumped from 40% to 90% as a result of using Instahyre for these brands, while the offer-to-acceptance ratio increased by 3x and the diversity ratio jumped from 20% to 70%.

Using the Instahyre Inbox, companies are able to comprehensively track candidate information and all communication exchanges to date. This feature not only enhances the candidate experience but also strengthens employer branding, showcasing the company's commitment to proactive engagement.

Instahyre's filters efficiently streamline the recruitment process, saving recruiters significant time. These filters show relevant candidates to recruiters, enabling them to connect with suitable candidates instead of sifting through irrelevant applications manually. As a result, companies successfully fill job positions with highly qualified candidates fast, reducing turnaround time.

“What sets Instahyre apart from other hiring platforms is its powerful matching engine that automatically sources the most relevant candidates for a given role. We want companies to spend less time worrying about hiring, and focus on boosting productivity and scaling their businesses. We want to accelerate their success by simplifying the hiring process,” said Sarbojit Mallick, Co-founder, Instahyre.

If we take the case of Oracle, with the help of Instayre’s hiring platform, the company was able to recruit for all the critical roles well within deadlines. Recruiters were able to fine-tune their candidate search by applying precise filters, and they got only suitable matches for the profile. Oracle was facing delays in the closure of job positions, which led to higher turn-around time, coupled with the problem of low candidate relevancy on other job portals. Candidate relevancy and quality was boosted to 90%, with Instahyre contributing to 70% of Oracle’s total hiring.

Similarly, Instahyre’s AI-powered Instamatch technology has helped the talent acquisition team at Salesforce spend more time on candidate engagement. 60% of all the entry and mid-level positions at Salesforce were closed through Instahyre. Furthermore, Salesforce has gotten 5-8 relevant candidates out of 10 every week for different roles due to Instahyre’s Instamatch.

Trusted by more than 10,000 companies, including Google, Amazon, Flipkart, Microsoft, Uber, Walmart, Swiggy, and more, Instahyre is currently leveraging the power of AI in recruitment to help more of the best brands hire the best talent in a quick, efficient, and streamlined manner. 

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Register for FREE
to continue reading !

This is not a paywall.
However, your registration helps us understand your preferences better and enables us to provide insightful and credible journalism for all our readers.

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK