If you’re reading this, it’s likely that you receive piles of resumes every day and are still handling them manually, which we know how time-consuming and error-prone it can be. Sorting through applications, reviewing details, and manually entering data into your system isn’t just tedious—it’s a major bottleneck that can slow down your hiring process.
Here’s some great news: You can leave the manual sorting and data entry behind with resume parsing. Resume parsing software automates the extraction of key details from resumes, seamlessly integrating this information into your HRM or ATS system. This means faster, more accurate processing and the ability to scale your operations without additional stress.
Ready to transform how you handle resumes? Let’s explore how to choose the right resume parsing solution for you and review the top 5 options available on the market today.
What is Resume Parsing Software?
Resume parsing software or CV parsing tool automates the capture and extraction of relevant candidate details for various recruitment purposes. Its ability to redact and classify resume data also allows for safe storage and simple document sorting, making the process more efficient.
Resume parsers utilize AI and OCR (Optical Character Recognition) technologies to process resumes in various formats such as email, PDF, or MS Word. Parsing software standardizes the data obtained from resumes, simplifying the decision-making process and enabling you to filter out applications that are not the right fit. By using resume parsers, you can reduce your workload and focus on the most suitable talent for your company.
But how do you choose the right resume parsing solution? In the next section, we’ll guide you through the main comparison points that you need to take into account.
How to Select Your Resume Parsing Software?
When choosing a resume parsing tool or cv parsing tool, it is essential to consider several factors. Here is a comprehensive list of the most critical aspects you’ll need to examine.
- Precision: If you want to guarantee dependable candidate profiles, go for a solution that reaches a minimum accuracy rate of 90% ensuring high precision in data extraction.
- Seamless Integration: To benefit from streamlined operations, make sure your future solution supports integration with your current recruitment and HR software systems.
- Tailored Solution: To match your unique requirements, you need to look for a solution capable of custom parsing, including personalized data fields and document redaction options.
- Dedicated Support: If the ability to swiftly address any encountered issues and ensure smooth operations is one of your priorities, go for a provider with a proven record of robust customer support.
- Efficient processing: If you’re processing multiple resumes, seek a solution that allows simultaneous upload for quick and efficient processing.
- Global Coverage: If you are working internationally, you need to look for a solution that supports multiple languages to facilitate recruitment around the globe.
- Data Protection: As you’re dealing with employees’ or candidates’ data, prioritize a GDPR-compliant solution to safeguard private data within your HR department, and ensure adherence to privacy regulations.
- Wide Format Support: If you are looking for more flexibility in document processing, opt for a solution that allows you to parse documents in various formats such as PDFs, email attachments, or Google Drive files.
As you can see, several details should be considered when selecting your resume parsing software. The right choice can bring you endless benefits. If you’re unsure which tools to consider, don’t worry! In the next section, we’ve compiled the top 5 of 2024 for you.
Top 5 Resume Parsing Software in 2024
Klippa DocHorizon
Klippa DocHorizon is an Intelligent Document Processing (IDP) platform, capable of extracting information from various documents, including resumes. The DocHorizon Platform’s drag-and-drop interface enables businesses to effortlessly automate any of their HRM document workflows. This includes selecting any input source, required data fields for extraction, and connecting any preferred ATS or HR software in just a few clicks.
Features:
- AI-powered OCR for 99% data extraction accuracy
- All Latin alphabet languages supported for international recruitment
- Parsing from various sources including email parsing
- Document verification and fraud detection to ensure document authenticity
- Data anonymization to remove details such as name or gender for fair pre-selection
- Document classification according to your standard to simply access documents
- Document workflow automation for multiple processes at once
- Compliant with data privacy regulations and ISO-certified for high data security
- Document conversion to any desired format such as Excel, CSV, JSON, and more
- Comprehensive documentation available for easy implementation
Pricing:
- Trial of 25 credits
- Pay-as-you-go option
- Pricing on request for high processing volumes
Textkernel (Sovren)
Textkernel specializes in multilingual resume and job posting parsing, serving global companies seeking diverse talent. Sovren recently joined Textkernel, providing similar services and solutions.
Features:
- Resumes parsing from 29 languages for international candidates
- Job posting in 9 languages to reach out to candidates abroad
- Skills Taxonomies to match the perfect candidate to your organization
- Sourcing and Matching candidates to speed up the recruitment process
- Real-time labor market insights
Pricing:
- Free trial for up to 500 documents
- 99$/month: 500 to 25 000 credits/month
- 500$/month: Higher volume
HireAbility
HireAbility’s ALEX software parses resumes and job postings in a wide range of formats and languages with high accuracy, used by multinational companies.
Features:
- Resume parsing from 50 languages including Russian and Chinese
- Resume conversion in JSON or XML
- Private cloud solution for security
- Skills Taxonomies to match the perfect candidate to your organization
- Sourcing and Matching candidates to speed up the recruitment process
Pricing:
- Free trial for 30 days
- Pricing on request
DaXtra
DaXtra captures more data points than typical parsers, providing deeper insights into candidate skills and qualifications. It integrates well with almost all applicant tracking systems (ATS).
Features:
- Resume scanning for simplifying processing
- Resume conversion into XML or JSON format
- Multiple languages supported from Europe, Asia, and most Eastern countries
- Skills Taxonomies to match the perfect candidate to your organization
- Sourcing and Matching candidates to speed up the recruitment process
- Document workflow automation for multiple processes at once
Pricing:
- Pricing on request
Rchilli
Rchilli is a resume parsing solution powered by AI that provides detailed insights into each resume, which helps in making faster and more accurate hiring decisions.
Features:
- Resume scanning for simplifying processing
- Search and match engine
- Data anonymization for fair pre-selection
- Skills Taxonomies to match the perfect candidate to your organization
- Sourcing and Matching candidates to speed up the recruitment process
Pricing:
- Trial of 100 credits
- 75$/month: 500 credits/month
- On request: Higher volume
Each resume parsing software has its pros and cons and there is rarely a solution that perfectly fits into every single use case. For example, some solutions require more technical knowledge than others.
If you would like to know more how to set up an end-to-end resume parsing workflow with Klippa DocHorizon with a low-code platform, keep on reading.
Automate Resume Parsing Processes With Klippa
Unlock seamless resume processing with the Intelligent Document Processing Platform, capable of precisely extracting valuable information for you. With our platform, resume processing is done in just a few simple steps:
- Select resume input: With Klippa, you can either upload files directly to the platform or set up an automated workflow to fetch incoming resumes from your preferred email application, whether it’s Gmail, Outlook, or any other API-integrated application.
- Extract data you need from resumes: Select the desired data fields such as skills, education, names, and emails, and let Klippa handle the rest. While we provide pre-made templates, you can also create custom ones using the prompt builder for tailored data extraction.
- Convert data into a structured format: By default, resumes are converted into JSON format. However, with Klippa, you have the flexibility to choose from various formats, such as CSV or XML, to suit your needs and facilitate usability.
- Select data output: After extraction and conversion, choose where you want the data to be sent. Whether it’s your ATS or HR software, you have the freedom to send it anywhere you prefer, ensuring easy accessibility.
With DocHorizon, managing resumes has never been so easy. Ready to take the next step? Please contact us or plan a demo below.