Hiring automation platform Fyndo recently launched. The company aims to aid small and medium-sized businesses in their hiring process with the addition of automation in processes such as posting jobs and setting up interviews. According to the company, the platform will help hiring teams not only save time but also increase efficiency.
The platform promises reduced “candidate churn” using conversation AI and automated interview settings. In addition, the company’s financial model only requires users to pay when a candidate is hired.
“Hiring teams spend the most time creating jobs, screening resumes, scheduling interviews… At Fyndo, we realized that most of these tasks [could] be automated using the technology,” said Fyndo Chief Product Officer Kaushik Vinay.
Fyndo describes its solution as an AI-driven recruitment platform that automates the hiring process for the hiring teams at SMBs. The platform sources, screens and schedules interviews with the best-matching candidates, the company said, relying only on minor human intervention. In addition, the automated process completes hiring more quickly and eliminates unintentional human bias during the screening process, Fyndo said.
Fyndo CEO Amit Chauhan estimates recruiters can get back one hour each day during the recruitment process by using his platform. “Hiring teams spend too much time doing tasks that could be automated and improved by today’s technology,” he said.
Fyndo distributes job postings to “major” job sites with one click, allowing employers to quickly reach both active and passive candidates. Its proprietary AI technology screens job description data points and matches them against a candidate’s information, Fyndo said. It then showcases the best candidates and notably reduces the time spent reviewing applications. The AI also detects fraud and spam applications and removes them from the application pool.
Fyndo said it uses AI to automate job creation, distribution, candidate screening and communication. The use of AI, Fyndo said, allows employers to speed up their hiring process, reach more candidates and keep interested candidates engaged.
By Mark Feffer
Mark Feffer is executive editor of RecruitingDaily and the HCM Technology Report. He’s written for TechTarget, HR Magazine, SHRM, Dice Insights, TLNT.com and TalentCulture, as well as Dow Jones, Bloomberg and Staffing Industry Analysts. He likes schnauzers, sailing and Kentucky-distilled beverages.
Weekly news and industry insights delivered straight to your inbox.