Modern Hire, the all-in-one enterprise hiring platform that enables organizations to continuously improve hiring experiences and outcomes with trusted science and technology, has recently announced the launch of a self-service reporting system to help clients identify opportunities for improvement in their candidate recruiting and hiring funnel based on intelligent analytics, according to the press statement.
Through visualizations and data exports, Modern Hire’s next level of self-service reporting enables clients to access the number, conversion rates, and timing of candidates moving from the initial invite to the final stages of advancement within the platform’s workflow. The system has significant filtering capabilities such as job title, stage type, recruiter team, location, and job custom fields. Clients who want more advanced reporting can export the data to CSV for further analysis.
Commenting on the latest development, Chief Product Officer of Modern Hire, Ken Lahti, said:
In today’s candidate-focused market, hiring teams face constant pressures to shorten their hiring time and attract more candidates while maintaining the quality of Hire. Our latest release of the Modern Hire platform empowers hiring teams to uncover meaningful learnings about their hiring process, helping them to make quick adjustments that drive better outcomes and more efficient workflows for tremendous hiring success. The self-service reporting system is a direct result of input from our clients, and we’re excited to put these insights into their hands.
To ensure enterprises are getting value from their investments, especially in the current state of the economy, teams across the organization: hiring, operations, executives, and client sponsors need data insights into key recruiting and hiring metrics.
Modern Hire’s new reporting system helps clients answer questions like:
- How many candidates are waiting to be reviewed for my job?
- How long does it take for a candidate to complete an assessment?
- What’s my drop-off rate from invitation to starting the interview or assessment?
- Which recruiters have the best response rates or respond the fastest?
Adding about the initiative, Chief Executive Officer of Modern Hire, Karin Borchert, said:
At Modern Hire, we believe successful hiring is the bedrock of high-performing organizations, and one of the best ways to establish this is through intelligent interviewing technology that combines science, analytics, AI, and workflow automation. Our new analytics reporting system is designed to elevate the intelligent interview experience by providing hiring teams with the ability to efficiently and ethically secure best-fit candidates in a timely manner. By placing the reporting capabilities in our clients’ hands through easy-to-use self-service analytics, they can track the interview process’s progress in real-time to maximize effectiveness and act where needed for improved quality and consistency.
Modern Hire transforms each process step with screening, assessment, interview and workflow automation tools that make hiring more effective, efficient, ethical and engaging. The platform merges trusted science with proven SaaS technology to predict performance, ensure fairness, and automate workflow—enterprise-wide. It combines AI, predictive analytics, workflow automation, assessment, and interviewing technology in a single SaaS solution that integrates with leading HCM systems.
The startup partners with hundreds of leading global brands – including 47 of the Fortune 100 – to modernize their virtual hiring process. Its SaaS hiring platform supports interviewing technology, pre-hire assessments, workflow automation, AI capabilities and predictive analytics. These solutions work together to enable organizations to continuously improve hiring results for more than 300 industry-leading enterprises, including FedEx, Humana, Procter & Gamble, Siemens and Walmart, which rely on the platform to hire suitable candidates quickly and fairly at scale.
Modern Hire previously announced its acquisition of Sonru, an Ireland-based automated video interviewing technology provider.