SANTA
CLARA, Calif., May 15, 2024
/PRNewswire/ -- Eightfold AI, the leader in AI-powered talent
intelligence, today announced the availability of Eightfold Talent
Tracking. This innovative applicant tracking system is the first
AI-native, end-to-end talent acquisition experience.
Many companies today rely on applicant tracking systems (ATS),
designed in the pre-AI and pre-skills era to manage their
recruiting operations. With Eightfold Talent Tracking,
organizations can streamline their HR technology investments and
provide a cohesive experience for talent teams and candidates
alike, eliminating the need for a standalone ATS. Notably,
Eightfold's Talent Intelligence platform will continue to provide
value to enterprises independent of the underlying applicant
tracking system used. Talent Tracking offers a powerful solution
that allows any organization to concentrate on securing the best
talent for their specific needs.
Eightfold Talent Tracking also significantly accelerates the
speed at which leading organizations generate successful job offers
to the best candidates, creating a strategic advantage against
their competition. Talent Tracking generates required descriptions,
recommends specific job-posting platforms, and allows hiring teams
to make offers based on comparative compensation intelligence,
which uses skill and offer intelligence during role creation,
increasing the chance of offer acceptance.
"Talent Tracking is our latest leap into the future, a
revolutionary tool that's been designed from the ground up with
responsible AI and unparalleled user experience top of mind," said
Ashutosh Garg, CEO of Eightfold AI.
"It is engineered to optimize value, outcomes, productivity, and
workplace happiness for all organizations. Moreover, we're
pioneering the integration of skills-based compensation into
applicant tracking systems, empowering organizations to make
informed talent decisions."
Eightfold Talent Tracking transforms the HR function into a
powerful strategic advantage. Customers will:
- Estimate compensation bands based on the role and skills
required for an open position, increasing likelihood of candidate
acceptance
- Deliver a unified recruiter experience, powered by AI
Co-pilots, accelerating every step from requisition and offer
management, to CRM
- Elevate the candidate experience with fast, frictionless and
personalized offer management with best-in-class pre-onboarding
integrations
- Drive efficiency with workflow automation and make better
hiring decisions with AI-powered talent insights and
recommendations in the flow of work
- Track every step in the candidate lifecycle, capture every
requisition change, and easily view point-in-time reports
- Optionally, participate in a shared talent pool with other
like-minded organizations to increase the total amount of skills
and prospects available for any specific role
Eightfold is proud to champion AI compliance and
regulation at every opportunity. To see first-hand how leading
organizations are leveraging Talent Intelligence, review the
sessions and keynote addresses of the Cultivate
2024 conference. Featured keynote speakers will include
Mandell Crawley (CHRO, Morgan
Stanley) and Prerna Ajmera (GM, HR
Digital Strategy and Innovation at Microsoft).
About Eightfold AI
Eightfold AI's market-leading Talent Intelligence Platform™
helps organizations retain top performers, upskill and reskill
their workforce, recruit talent efficiently, and reach diversity
goals. Eightfold's patented deep learning artificial intelligence
platform is available in more than 155 countries and 24 languages,
enabling cutting-edge enterprises to transform their talent into a
competitive advantage. For more information, visit
www.eightfold.ai.
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SOURCE Eightfold AI