SAP's Intelligent HR Solution To Eliminate Recruitment Bias
Zacks Investment Research | Oct 12, 2017 08:09AM ET
Software behemoth, SAP SE (DE:SAPG) (NYSE:SAP) recently launched the new job analyzer functionality embedded within the SAP SuccessFactors Recruiting Management solution. The solution, which employs SAP Leonardo Machine Learning capabilities, will aid organizations craft competitive job descriptions by getting rid of bias in recruitment process.
Notable features of the job analyzer functionality include the ability to predict as well as flag language that reflects gender bias during recruitment of workforce. This new functionality will empower organizations to expand their talent pools as well as recruit optimum candidates for each role.
SAP is also increasing focus on Business Beyond Bias product initiative, enabling organizations to optimize existing features throughout the SAP SuccessFactors HCM Suite. SAP’s human capital management (‘HCM’) applications are gradually gaining popularity with many international organizations. SuccessFactors Employee Central, which forms the backbone of the company’s Human Capital Management offerings, surpassed the 1,800-customer mark in the second quarter. Driven by solid market traction of cloud business, the company has raised mid-term outlook, signaling brighter days ahead. In the past three months, the company’s stock has yielded a return of 8.2%, outperforming the Zacks Investment Research
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