REVOLUTIONISEYOUR HIRINGWITH AIX 0 P A R O O M B Y X 0 P A A I

2021

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CHALLENGES OFTRADITIONAL HIRING

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According to the Society for Human Resource Management (2016),the average business spends $4,129 per hire. A poor hire costs evenmore, at around $15,000 per hire (CareerBuilder, 2017). This includesthe costs of rehiring a new employee as well as the sunk costs oftraining and orientation of a bad hire.

That's why it's critical for businesses of all sizes to do everything theycan to get the right person first time.

Hiring has typically been a manual and overlysubjective process that costs time, moneyand resources.

In a typical hiring process, a recruiter spends hours going throughhundreds of CVs to find the best candidates for their roles. In acompany hiring for many roles, this could require a team ofrecruiters just to screen through CVs.

Recruiterstypically spend

6 seconds on acandidateprofile beforemaking a snapjudgment on it.

~

As the number of CVs to review increases, a recruiter's ability tomake an effective comparison between candidate profilesdiminishes. This is attributed to natural human subjectivity andunconscious bias in traditional hiring.

HIRING INTODAY'S

LANDSCAPE

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COVID-19 created recruitmentchallenges for companies allover the world.

This has caused a shift in thehiring landscape which willextend well beyond the end ofthe pandemic.

A “new normal” in hiring is emergingand companies need to adapt to keepabreast with the changes. Around80% of recruiting is expected to bevirtual in the foreseeable future(Dienst & Johnson, 2020).

With social distancing measures in place andface-to-face hiring not being an option, this hasforced a shift towards digital transformation -where companies need to adopt virtual and digital tools to maintain business andhiring as usual.

USING AI IN HIRING

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An increasing number of companies are investing in digital solutionsand shifting towards using Artificial Intelligence (AI) in hiring.

44% 96%of businesses areincorporating AIin IT functions

of senior HR professionalsbelieve AI has the potential togreatly enhance talentacquisition and retention

Harvard Business Review states:

Through AI and automation, companies cansignificantly reduce manual human effort. Thisallows hiring managers to more efficientlyfocus on best-fit profiles and easily scale thehiring process.

Through standardised AI algorithms, all candidates are scoredon fair and objective metrics that are not subject to any formof bias. AI also offers predictive analytics to forecast whichcandidates are highest-potential employees and thelikelihood of retention, helping to manage employee turnoverfor the longer-term.

Ultimately, using AI is not meant to replace recruiters butequip them with the tools to make more effective andinformed hiring decisions, free from bias.

AI can provide candidates with updates, feedback andguidance in real-time. According to the 2017 Talent BoardNorth American Candidate Experience Research Report,this communication has a significant impact on thecandidate experience which is generally lacking intraditional hiring processes (Randstad, Oct 2020).

Candidates get accurate feedback on where they fallshort and how they can upskill and improve, an addedbenefit over a traditional rejection email.

Benefits of using AI

Shorter Time to Hire

Reduced Bias

EnhancedCandidateEngagement

WHO WE AREAI Software as a Service (SaaS) provider that aims tohelp companies to save significant time and cost inhiring while ensuring accuracy and equitability in

hiring and selection choices.

Enhance objectivity and save time and cost in hiring

X0PA identified a need to bring a fully digitalsolution to market to bridge the issues in hiringwhile addressing the challenges brought on by

the current global situation.

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We use AI and Machine Learning to sourcefor, score, and rank talent to identify the best

candidates for each company

COVID-19pandemic

This led to the development and launch ofX0PA’s hybrid on-demand video interviewing

platform, X0PA ROOM.

Hybrid AI-enabled assessmentand video interviewing

platform complete with theoption to conduct hybrid

assessments at scale

Hybrid questions (text, video, or MCQ)

Fixed or randomisedquestions

Set timers andparameters

Candidate retakes

Collaborativereviewing

Anti-cheatcapabilities

AI-enabledtranscripts

Available in 72languages

AI-drivenanalytics

MAIN FEATURES

Since its launch in May 2020,

Scale the interview process byassessing multiple candidates atonce through reviewing one-wayrecorded candidate answers intandem.

Easily import and assesscandidates in bulk, providingsignificant time savings.

Built-in SmartAutomation

X0PA's AI can analyse facial cues,body gestures and videoresponse content to deriveinsights such as emotion andlanguage analytics. Transcripts ofthe video responses are alsodetected.

Assessments can also be set upto generate automated pass/failscoring and rankings for easyassessment of candidates.

AI-Driven Analytics

One of the biggest concerns withvirtual tools is the authenticity ofthe responses.

ROOM automatically screencaptures assessments to ensurecandidates are not allowingothers to answer on their behalf,or toggling to search online forcorrect answers.

Anti-cheat/Proctoring

Integrates with most applicanttracking systems, CRMs andother platforms to add thecapability to screen at scale,score and shortlist easily.

Integrates with Microsoft Teamsto give a holistic experience forboth on-demand and liveinterviews with candidates.

Just Plug & Play

128 11,360 6,251companies haveadopted ROOM

candidates successfully assessed on ROOM

assessmentscompleted

With numerous features and a highly customizable platform, X0PA ROOM isyour one-stop source for all your online interview and assessment needs.

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WITH X0PA ROOM, YOU CAN...

Reduce Hiring Costs up to 50%

Seamlessly manage several interviews andassessments at once. ROOM allows you to createmultiple assessment types to efficiently assesscandidates on multiple dimensions.

Collaborate with teammates remotely to review andassess candidates’ hybrid responses in your own time.

X0PA’s AI and analytics can help companies makebetter hiring decisions and ensure lower employeeturnover by getting the right candidate from the start.

Through ROOM, bias and subjectivity in hiring arereduced, ensuring a fairer selection process to find thebest-fit candidates.

Decrease Time to Hire by up to 45%

Enhance Quality of Hires

With automation and AI, reduce the number ofresources required for the same hire.

Improved Interview to Hire RatiosWith AI-driven analytics, companies can focus on thebest-fit candidates and spend more time interviewingquality applicants.

Conversion rates are greatly increased by a moretargeted hiring process focused on high-potentialapplicants.

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MORE THAN JUST A VIDEOINTERVIEWING PLATFORM

ROOM is a highly versatile solution and can be used in several other ways:

Create customised virtualassessments to assess

candidates through text,essay, video, multiple-

choice or even image-typeembedded questions

Virtual HybridAssessments

Academic institutionscan assess multiple

students at oncethrough student

admissions, internshipinterviews, and more

Virtual Admissions

Develop tests andexaminations usingROOM, ensuring a

uniform grading systemfor students and

candidates

Examinations Scoring Virtual Career FairsAssess interested

candidates on the spot,allowing companies to

save time by focusing oncandidates who have metthe user-defined criteria,

saving companiesimmense time

Blue collar candidates oftenlack CVs. Assessments can

easily be developed toensure relevant skills are

possessed for the role, whichcan then be leveragedquickly and evenly for

multiple hires.

Blue Collar Hiring

Scale the hiring processby conducting severalassessments at once.

Set user-definedmultiple-choice

questions to efficientlyrank and filter based on

specific criteria

Mass Screening& Hiring

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Sign up now

With the shift towards a digitalage, virtual hiring solutions havebecome a necessity.

Talent acquisition professionals need tolook at their long term strategies to seehow technologies and AI cancomplement and enhance their hiring.

ROOM is a highly intuitive and easy-to-use platformaimed to augment your hiring processes so thatyou can get the right hire from the start!

ROOM is a flexible solution which can be highly customized tospecific hiring needs. This means you only need to purchasethe features you will actually use, ensuring maximum returnon investment.

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Start your ROOM trial today and see how you can enhance your hiring.

GET STARTED FOR FREE

or head to www.x0paroom.comfor more information