The Role of Artificial Intelligence in Your Job Application

The answer is simple. Recruiters receive tonnes of CVs every day, which is probably the reason your CV never made it to the top of the pile. Going over a pile of up to 500+ CVs to find the right candidate can take up to 50% of the recruiters time. It is for this reason that HR departments are now starting to utilise artificial intelligence (AI) to help them speed up this process and find the most suitable candidate.

What is artificial intelligence?
According to Technopedia, AI is an area of computer science that emphasises time creation of intelligent machines that work and react like human. AI can participate in activities that involve speech recognition, learning, planning, and problem-solving. It is probable that you have already used AI, for example, Siri, an intelligent assistant installed in all iPhones which responds to voice commands.

How is HR using AI?
You might be surprised to know that HR is using AI even before you apply to a job.

Yes, this is possible through the use of softwares like Entelo, which outreaches candidates without them even applying. This software has a big social media database from which it finds its potential candidates. This data recruitment platform has allowed recruiters to find more applicants that match the job criteria and increase the chances of finding a more qualified candidate.

‘It has set new benchmark for response rate… It has put more rigor [into the process] and given them more access to more data on candidates’ — Becky McCullough, Director of Recruiting at digital marketing firm HubSpot Inc.

Watch the video ‘Artificial Intelligence in Your Workplace’ to learn more.

Another software that is commonly used among recruiters is SAP Resume Matcher. In comparison to Entelo software, this one uses the data registered candidates have submitted along with their CV and cover letter. The software then analyses the data and allows the recruiters to rank the skills of the potential candidates. It is a very interactive software as it lets recruiters rank the candidates based on different variables, such as education, experience, skills, etc. SAP Resume Matcher has allowed the recruiter use their time more efficiently. Similarly, IBM launched the software Watson, which works on top of the CRM systems, to rank candidates based on a fit score

‘Recruiters spent 60% of their time reading CVs’ — Juergen Mueller, SAP’s Chief Innovation Officer.

Furthermore, if you have been successful and have been invited to an automated video interview, chances are that the video software is using AI to help recruiters decide if you are being honest about your skills and decipher your personality. Companies like Unilever recently implemented this intelligent system in their HR process.

What’s next?
More and more companies are using social media like LinkedIn to find new candidates and learn more about you. Thus, you might consider updating your social media profiles to stand out from your competitors and attract recruiters.

Credit Risk Management: How a Debt Collection Agency Can Help You?

If you are an entrepreneur, you must already know about the various risks that come along with starting a business. From hiring the right employees to implementing new business ideas, there are so many things to take care of. And then, there are a few other things which ensure the smooth running of a company. Wondering, what are they? Well, one of the most important ones is managing your credit well.

What most entrepreneurs complain is that they finally write off a few accounts after constantly trying to recover them, simply because of two reasons – either the customer(s) is stubborn or he/she couldn’t be tracked down. So thinking, what is the best solution to this problem? Well, hiring debt collection agencies can solve almost all your problems. They are known for efficient credit risk management, and a reputed agency can also customize the plan according to your business type, customer-base, the age of the accounts, etc.

Still not sure about hiring such an agency? Here is how they can help you.

Purposes Solved: The main purposes of managing the credit risk factor are as follows:
Safeguarding cash, accounts receivables and other such assets
Supporting business sales
Profit maximization
Internal risk management system strengthened
So, these purposes are solved if you choose a popular debt collection agency. Wondering, how will you determine if they are worth hiring or not? Simply browse the internet, shortlist a few of them and then compare the following:

Customer reviews
Online ratings
Services provided
Achievements
Experience
Price charge
Time: Secondly, I am sure that as an owner, you have so many tasks to complete – such as working on the business cycle, improvising the products and/or services, analyzing the demand curve, working on employee welfare, improving the customer-base, creating brand awareness and the list continues. So, why devote this precious time to something like calling up old customers and asking them to pay their dues? Trust me, a debt collection agency can do this in a much better way than you.
Friendly Methods Used: When it comes to managing your credit risk and calling up your customers to pay the money, many lawyers or internal team members tend to get excited or furious. And as a result, the company might simply lose on a few clients. Their market reputation can get hampered as well. But, if you hire a business debt collection agency, they will use friendly methods in order to get the accounts back. Aggressive methods or harassing the customers are totally avoided by these agencies.
Effective Collection and Court Evidence: Last but not the least, these firms not only help in effective collections, but they also prepare and collect court evidence, so that it can be taken to the court of law, if required. Yes, you read that right!
So, now that you know it all, then do not delay anymore and get in touch with a business debt collection agency now! Manage your credit risk factor with them and let your business grow in the best possible ways. Thank me later!

3 Ways to Find Cheaper Prescriptions drugs other than Canadian Pharmacy

The prescription drug prices surge is a burn hole in many Americans’ pockets. Especially older people are more affected by expensive prescription drugs.

However, because drug prices are not fixed or regulated in the U.S. How can you find cheaper prescriptions? Here’s a roadmap for medication discounts.

1. Use Prescription discount coupon: If anyone is searching for cheap prescription drugs, most probably prescription coupons can save huge on their medication. Almost every local store, online store, or other retail chain shop offers a discount coupon. Using these coupons can cut down your prescription expenses and help you to get the lowest price for medication.

2. Opt Generic drugsGeneric drugs are cheaper than brand name drugs. As per U.S FDA data, Nearly 80 percent of prescriptions filled in America are for generic drugs. Choosing generic drugs can be a good alternative to cut the cost of medications. Generics are the bio-equivalent of brand-name drugs, but cost 80 to 85 percent less – saving consumers about $3 billion every week in 2010, the FDA reports. Generic vs brand name drugs

3. Order by mail.Ordering meds for a longer time by mail can lower your costs, too. We’re not encouraging you to buy from shady fraudsters on the Internet, but drug fulfillment services that are accredited by the PharmacyChecker and state board of pharmacy. These Verified Internet Pharmacies comply with licensing and inspection laws as well as patient privacy and quality assurance standards.

One way not to save money on prescription drugs is by skipping doses or delaying to fill a prescription. Adults who don’t take their prescription drugs are more likely to suffer poor health and have increased visits to the emergency room, according to the Centers for Disease Control and Prevention’s National Center for Health Statistics. Instead, use these tips, and talk to your doctor about any concerns you have about prescription prices.