Local tech startup Resume Sieve is using artificial intelligence to give smaller businesses an edge throughout the hiring process.
The startup, co-founded in 2020 by Michael Yinger, Jerry Lepore, Mohan Kakar, Abha Mallya and Venkat Mallya, is an evaluation platform that uses AI to rank top job candidates based on requirements provided by the end-user.
Yinger told Inno the startup grew out of another company several of the co-founders owned. They sold that company in 2018 but retained the technology that eventually became Resume Sieve.
"They found they were drowning in resumes," he said. "So, they created this app to allow the in-house recruiter to go more effectively through the hiring process."
Yinger said the platform helps simplify the recruiting and hiring process by allowing company personnel to input the specific job criteria or skills they want to weed out on a given batch of resumes. In less than a minute, the resumes that best meet that criteria come to the top of the pile.
"We're not going to tell you who to hire, but we're going to bring the top people up, then you can decide if you want to go deeper into the talent pool," he said.
Switching up the search criteria is also much more simplistic.
"One of the biggest peeves of a recruiter is when they manually go through a handful of resumes, and a hiring manager changes their mind about what they want. The recruiter then has to go back to the resumes and redo their analysis looking for those things," he said. "In the sieve you can change the criteria, and it literally takes about 10 second to reshuffle, so it's a huge productivity saver."
Yinger said the platform was developed to give small to midsized companies access to the same level of recruitment and hiring tools large corporations use, but at a fraction of the cost.
"There are a lot of these companies with 500 or fewer employees, millions of them. And market penetration for these applicant tracking systems is only in the hundreds of thousands," he said. Typically, the owner or office manager, or if they’re lucky enough, a human resources leader, is having to do the manual work."
Next up for Resume Sieve, Yinger said, is implementing a candidate tracking system through a partnership with Zoho Recruit. The team is also developing a personality assessment that will help hiring managers and recruiters gain a better understanding of a candidates' soft skills.
"We've got a long laundry list of functional changes we’re looking to build," he said. "At the pace we’re going, we’ve got three or four years worth of work ahead of us."
