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Businesses today make a lot of effort to attract and keep top talent, which is one of the key responsibilities of the HR department. After all, a company's most significant asset is its talented workforce. The most difficult part of the hiring process is narrowing the pool of candidates for a particular position, but recruiting has its own share of difficulties. It is tough to overcome the challenges of Data Extraction.

If there is a job opportunity in your company, you will receive dozens, if not hundreds, of resumes from people interested in applying. While having a growing number of individuals apply for the post is undoubtedly beneficial, it also increases the work required of the recruiters, who now have to sift through a large number of resumes before they can choose the prospects for the interview. The development of the resume parsing platform was motivated by this difficulty.

The resume parsing tool did have its own difficulties in its early iterations. This is due to the fact that, even when applying for the same job, no two resumes are the same!

Limitations with the Resume Parser Tools

The following are the main difficulties that recruiters encountered while utilizing resume parsing software from the previous generation.

  • Variations of common words that the platform ignored

  • Inability to handle layouts and formats in numerous forms

  • No support for spelling variants 

  • There is no support for various file formats like doc, pdf, etc.

  • No standard output formats

  • Pretty low accuracy

Why choose Digital Resume Parser (DRP)?

You have the opportunity to utilize the advanced resume extraction tool, an AI-based HRMatrix Resume Parser platform that completely automates the resume data extraction procedure. To put it another way, a program for extracting resumes like Digital Resume Parser (DRP) executes the parsing process automatically, negating the need for human intervention. DRP, which is an efficient resume parsing tool may help your hiring staff in a number of different ways to overcome obstacles, as shown in the following list.

  • Increased Effectiveness

  • Disposing of Human Errors

  • improved data management

  • Maintenance of Data Effectively

This removes uncertainty and streamlines the process of handling vast candidate pools. The DRP serves as an interpreter, breaking down resume data into various sections such as Personal Information, Education Details, Organization Experience, Project Details, Client Exposures, Skills, Achievements, Certifications, Training, and References into JSON structured output with the information that will help you to analyze the applicant. DRP accepts resumes in a variety of file types, including pdf, docx, doc, txt, rtf, odt, and dot which can be any of the following formats:

  • Standard Resume

  • Targeted Resume

  • Chronological Resume

  • Combination resumes

  • Functional resumes

  • online resume templates

Want to learn more about what DRP has to offer as a resume extraction tool that serves many different industries? Find out how our HR Resume Parser can streamline the hiring process with the help of robust CV parsing software. You may contact our team by visiting the website or sending an email to [email protected].