Revolution in CV Entry Thanks to AI

The world of work is constantly evolving, and with it also business processes. One of the areas that is undergoing a profound transformation is that of CV entry. Thanks to the advent of artificial intelligence, many companies, especially those operating in the job placement sector, are automating this process with the help of platforms such as Retica (www.retica.ai)

Retica is an Italian software, developed by the very Italian Swifty. An artificial intelligence-based software capable of automatically extracting information from CVs and inserting them into company systems. This means that companies no longer need human operators to manually enter data from CVs, resulting in savings in time, money and an almost total elimination of errors.

How does Retica work?

Retica works simply: companies upload resumes in PDF or jpeg format to the platform and the software automatically extracts all the relevant information, such as name, surname, date of birth, address, education, work experience, language and IT skills, etc. The extracted information is then inserted into company systems, such as candidate management or payroll systems.

Retica is easy to use and has an interface designed to be fast and intuitive, allowing the operator to work with great agility. The artificial intelligence created by Swifty allows you to process digital, scanned PDF documents or even photos (jpg format). Once the document information has been transformed into metadata, it allows exporting to the most common formats: xls, json, xml, csv.

The benefits of automation with Retica

There are many benefits to using Retica to automate resume entry:

• Time savings: Retica can extract and enter information from resumes in seconds, whereas a human operator takes several minutes on average for each resume. This means that companies can save a significant amount of time, which can be used for more productive tasks.
• Cost reduction: Resume entry automation allows companies to reduce staffing costs, as they no longer need to employ human operators for this task.
• Error elimination: Retica’s artificial intelligence can extract information from resumes with high accuracy, minimizing the risk of human error. This means that companies can be confident that they have accurate and reliable data about their candidates.
• Improved efficiency: Resume entry automation allows companies to streamline their hiring processes, making them more efficient and faster. This means companies can find the right candidates faster and hire the best talent.

A concrete example

Entering approximately 500 resumes per month entails a significant cost for the company if this process is carried out manually by operators. Currently, with the traditional method, the company spends approximately €2,600 per month. This amount includes the 40 working hours necessary to complete the entry of all the resumes. This cost is the result of the time and human resources employed, in addition to any additional costs related to the management and supervision of the process.

Instead, by adopting the solution proposed by Retica, the cost for entering the same 500 resumes per month is drastically reduced to only €329. This reduction in costs is possible thanks to the efficiency and automation offered by Retica, which save time and resources, thus reducing the need for manpower and at the same time improving the accuracy and speed of the process.

In short, switching from the traditional method to the one offered by Retica not only allows a reduction in costs from €2,600 to €329 per month, but also represents a significant improvement in terms of operational efficiency for the company.

Retica: The Future of Resume Insertion

Retica represents the future of automatic document entry. Thanks to artificial intelligence,  this platform is revolutionizing the way companies manage their candidate data. Automating resume entry allows companies to save time,  money and improve the efficiency of their recruitment processes.