AUGUST 2021HR TECH OUTLOOK 19Layke's smart API solution, adjacently, helps recruiters craft an excellent candidate experience. Having been trained on a large and wide dataset, the screening solution can mine information, such as work experience, core competencies, and academic qualifications of a candidate from the resume itself. The recruiters, thus, no longer require candidates to fill out additional, lengthy job application forms to determine the role that a candidate is applying for. The deep learning algorithm of the solution matches the candidate data with a particular job profile--saving the recruiters' as well as the candidate's valuable time. "Our idea is to make the hiring process as optimised as it can be. We scale down the process, remove a lot of unnecessary steps, and make use of what already exists. And that's how we deliver more by asking less," underscores Anna.But what makes this intelligent system tick so efficiently, one may ask? It is the close collaboration between Layke's team of technical and domain experts, who are passionate about improving the recruitment process with AI and ML technology. Layke's team of experts draws on their collective knowledge to continuously train the algorithm for tackling newer situations and becoming a trusted aid for the recruiters.Riding the coattails of such a nimble recruitment solution, Layke's clients have shown exceptional outcomes. In one scenario, Layke assisted a company in hiring for a job role that had received hundreds of resumes. In order to test the efficiency of the AI-based screening solution, the client employed one of its recruiters to manually vet the resumes at the first instance. Quite fascinatingly, both recruiters and the AI-based solution read through all the resumes and picked the same top five relevant profiles. The only difference was: the AI-based solution did it in few seconds, showing its ability to read, interpret, and analyse documents as a human, but faster. "Because of this, the client started trusting our algorithm's ability to handle mundane, repetitive tasks and free up their recruiters' valuable time; and ever since they have been very happy with the outcome they have received so far," extols Anna. Such proven successes have made Layke a real catalyst for change in the Swedish recruitment space. Moving forward, the company is focusing on global expansion by building trusted relationships with other HR tech mavens. "Global expansion is, and will always be, a critical part of our growth strategy because of the scalability of our solution," avers Anna. In that pursuit, Layke is now looking at strategically strengthening its team in Europe and the U.S. to serve more clients worldwide. "And through these efforts, we want to amplify the output that humans can create together with the machines. We are now poised to educate the market and introduce these new solutions--eradicating the misconceptions around workplace automation," concludes Anna. Our approach to workplace automation is a testament to what people can achieve in conjunction with smart machines
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