isolved®, the most-trusted human capital management (HCM) partner, has officially announced the launch of multiple talent-focused product releases and roadmap innovations during its Virtual Connect conference this week.
According to certain reports, the stated launch is geared towards addressing the urgent workforce challenges that were put forth by a recent survey of over 1,000 U.S. business owners. You see, the stated survey revealed how more than 57% of companies have lost business in the past 12 months due to being understaffed.
Hence, to resolve that, isolved is delivering new and enhanced solutions that, on their part, are focused on modernizing the candidate experience and multiplying talent acquisition outcomes so to help businesses hire faster and more accurately.
Talk about the new solutions on a slightly deeper level, we begin from a Job Ad Authoring facility, which makes it possible for human resource (HR) teams to create targeted, engaging job descriptions, and therefore, attract candidates with greater speed and accuracy. By doing so, the solution assists the wider business in the context of reaching more suitable candidates and improving the quality of applicants from the outset through the job ad authoring process.
Next up, there is a Candidate Matching facility. Bearing some similarities with the Job Ad Authoring feature, this one basically banks upon AI to score candidates based on their qualifications and fit, all for the purpose of significantly reducing time-to-hire and increasing the likelihood of making the right hire. In fact, in a span of nine months, isolved has already deployed the solution to score over six million applicants for its customers, delivering tangible results through AI-driven hiring solutions.
“Our own experience mirrors the impact we see across our customer base,” said Amy Mosher, Chief People Officer at isolved. “As a high-growth business ourselves, it’s critical to leverage tools that enhance efficiency and deliver measurable outcomes. By being power users of our own Job Ad Authoring and Candidate Matching capabilities, we’ve increased productivity by 30-40% and reduced time-to-hire by 38%. Our customers are experiencing similar success, which shows the real value these solutions provide for businesses aiming to attract the right talent faster.”
Alongside that, the company is also set to launch several new capabilities later this quarter that will further transform talent acquisition processes. These capabilities include a dedicated Candidate Talent Hub. In essence, when used with isolved’s applicant tracking system (ATS), the given Talent Hub helps candidates get actively considered for future roles, ensuring no potential candidate is overlooked.
isolved also plans to launch a specialized Candidate Relationship Management service, which is specifically designed to facilitate talent acquisition. This the service will do to let businesses nurture long-term relationships with prospective candidates to conceive optimal engagement and an active candidate pipeline at all times.
Hold on, there is more, considering we still haven’t touched on the company’s plan to provide Tailored Hiring Workflows. As each employee is unique in their own right, the stated solution will allow HR and talent teams to adjust their hiring procedures based on the role (and at scale), something which should significantly improve recruitment efficiency and flexibility.
Rounding up the new innovations would be isolved’s AI-powered Virtual Hiring Assistant, who will take the burden off HR teams by automating several manual tasks that currently overwhelm the relevant professionals.
Apart from that, isolved has also expanded its Recruitment Process Outsourcing (RPO) services to now support over 1,000 customers. In case you weren’t aware, these services basically empower businesses to streamline end-to-end hiring, and at the same time, allow them to concentrate on broader strategic goals while isolved handles the complexities of talent acquisition.
Founded in 1986, isolved’s rise up the ranks stems from providing the best combination of software and services to meet the needs of HR, payroll, and benefits professionals. The company’s excellence in what it does can also be understood once you consider it presently leverages its comprehensive HRO network to serve more than 7 million employees and 177,000 employers across all 50 states. These users, on their part, entrust isolved every day to increase productivity, accelerate decision-making and ensure performance, as well as reduce risk.
