Singapore, 2 Jan 2019 – Roboroy the power packed much awaited AI recruiter is now launched and commercially available.
X0PA AI , Singapore headquartered company founded in 2017 by Nina Alag Suri and Prof Jussi Keppo promises to transform the way hiring is done.
“Machines will do what machines do best and give humans the tools to enable them to accomplish superhuman tasks.These are exciting times for the convergence of humans and machines and we at X0PA are excited to work with AI in the human space.”
Says Nina Alag Suri, CEO and founder of X0PA Ai.
Roboroy promises to optimise the 6 KPIs of recruitment – cost of hire, time to hire-quality, retention , diversity and candidate’s experience of hiring process.
Audited to reduce the time to hire by 87.5%, 50% in cost to hire & improve quality and employer branding significantly.
A completely automated robotic recruiter, their AI, Machine Learning and NLP capabilities can match and predict candidate fit, loyalty and performance.
Their robotic process automation (RPA) automates the process of hiring from there on.
Recruiters or hiring managers can post a job on the platform, activate their sourcing channels (Roboroy also has an integrated AI sourcer), shortlisting is automatically done.
Once shortlisted, candidate receives an automated contact (Consent of the candidate, GDPR etc are kept in mind and nothing is done with the candidate profile, till they consent to the process) and once the candidate accepts, they are sent to an automated workflow process.
Video interview, automatic scheduling, smart offer management, smart reference checks etc. are all integrated in to the platform.
There is a dashboard for the candidates where they are kept updated on status of their resume and all progress, hence keeping them completely in the loop.
According to a paper by Mercer, Catalyst, world Bank, Statista the Globallabour force is ~3.25bn (205m unemployed)
GWP(Global GDP)- $78T; Average resignation rate (%) is ~9.6%pa and number of people resigning is ~288m/pa.
Hence the Direct Cost of churn is average $15000pc which is $4.3Tn! Cost to hire @25% of employee salary (assume average $50,000pa).
Conventional hiring can cost -$3.6TN and with Roboroy this number comes down to approximately $1.8TN; which offers a saving -$1.8TN.
X0PA was mentioned as themost interesting start-up to watch out in the HR space, was one of the top 20 winningstart-ups at SWITCH 2017, and last year won the Technology and Innovation grantlast year.
X0PA is an Artificial Intelligence platform for people management that uses data analytics, machine learning and advanced algorithms to produce valuable predictions for business leaders, managers, employees and candidates. By analysing existing data, underlying trends, or new data from experiments, X0PA saves you tremendous time and resources to ensure that you find and retain the right people for your organisation.