Digital Transformation is the adoption of Right Technology to transform services or businesses by replacing non-digital or manual processes with digital ones or replacing older digital technology with newer ones. In other words, Digital Transformation is about completely reinventing business processes and customer experiences by adopting new digital capabilities/technologies.
Digital Transformation also involves disrupting by modifying their way of working or interacting with customers. Digital Transformation is pervasive in every business Domain including human resources. Human Resources (HR) has undergone a Digital Transformation, which has provided companies with new ways to adopt smarter recruiting strategies. Right now, we are in phase-3 of Digital Transformation.
Digital Transformation in human resources means less time in paperwork and more time for eliminating recruiting process gaps. Artificial Intelligence (AI) and automation are helping to improve operational performance, product quality, and customer retention through technological solutions. When all of these factors are considered in the recruiting process, it leads to quicker hiring, happier applicants and staff, and improved employer branding.
How Digital Transformation of recruitment or human resources impacts business productivity
- Better productivity and time to hire
To improve the quality of hires, recruiters and HR managers should double-check that the skills claimed by applicants accurately reflect their abilities. Recruiters can see if a candidate can actually work with the resources that are needed by using a pre-hire evaluation tool, and this allows for better filtering of candidates in the early stages of the process.
In addition, automation of administrative tasks such as keeping records of the applicants’ documents or scheduling interviews by using digital tools can help a company’s human resources department in speeding up their daily processes in various ways.
Recruiters who use an applicant tracking system, or ATS, will be able to screen applicants more quickly, and candidates will be able to apply more quickly thanks to auto-filling application forms and one-click apply buttons.
- Improved metrics and efficiency
In some cases, it is time consuming and even imprecise to manually collect and analyze data. Digital Transformation, however, enables enterprises to use recruitment platforms, which automatically collect metrics to help recruiters identify and even, eliminate bottlenecks in pipelines and capitalize on the most lucrative sources for applicants for specific job openings.
This kind of data enables recruiters to identify gaps and experiment with solutions before starting to affect time and cost per recruitment. All compliance parameters are nevertheless important to check before the recruitment process is based on data using a good applicant tracking system.
- Easier candidate evaluation
Candidate evaluation can benefit from Digital Transformation as well. Filtering choices, for example, will support AI solutions and digital tools screen applications faster.
Until inviting short-listed applicants to an in-person interview, human resource managers or recruiters may use evaluation methods like game-based or video tests to test the candidate’s presentation and negotiating skills. With video interviews and video assessments, candidates can be evaluated even remotely without the need of traveling to long distances or limiting to local talent.
- Greater access to talent
Digital Transformation in the form of tech recruiting solutions is helping recruiters in finding candidates faster than mainstream sourcing techniques. Using digital platforms, recruiters can post their job ads to multiple job boards with the click of a button. AI-based functionality (For example- Workable’s AI recruiter) platforms are helping companies in reaching out to talent spread everywhere.
Finally, it can be said that an abundance of opportunities awaits HR leaders by unleashing the Digital Transformation at full throttle to build efficiencies, provide market-leading experiences to all employees, customers that will help in creating the new workplace of the future.