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| KENEXA
TECHNOLOGIES PARTNERS WITH BURNING GLASS
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Award
Winning Applicant Tracking System to Deploy
Advanced Resume Parsing & Search Technologies
For
Immediate Release
LINCOLN,
NE (December 3, 2003)
Kenexa
Technologies, the developer of the award
winning Kenexa Recruiter applicant tracking
platform, announced today that it has partnered
with Burning Glass Technologies, the leading
provider of resume parsing, screening, and
search automation, to offer Kenexa Recruiter
clients the most powerful tools ever for
processing resumes and screening and ranking
candidates.
"We
take pride in offering our clients the most
powerful and easy-to-use feature sets available,"
said Shawn Sterling, Vice President of Kenexa.
"Every day, our clients face an ever growing
volume of resumes. We chose to partner with
Burning Glass because their technologies
are so effective at finding the needle in
the haystack."
"As
a company, Burning Glass puts a lot of emphasis
on developing partnerships with market leaders.
We are proud to be working with a company
like Kenexa because of its deep commitment
to client service and because of the exceptional
caliber of its people. This is a team that
is as perfectionist as we are," said Matthew
Sigelman, Chief Executive Officer of Burning
Glass.
Through
Kenexa's partnership with Burning Glass,
Kenexa Recruiter customers will now have
access to the world's most advanced technologies
for reading and extracting data from resumes
and for finding the most suitable resumes
for a job. As a result, companies deploying
Kenexa Recruiter will be able to reduce
dramatically the time and cost of handling
inbound applications as well as the effort
of screening through unviable resumes.
Kenexa
has deploy Burning Glass's leading-edge
parsing tools to allow customers to capture
automatically the widest range of resume
facts with the highest levels of accuracy
in the industry. ResumeXRay™ processes resumes
in a variety of major document formats,
including MS Word, HTML, RTF, and plain
text, so no matter how job seekers send
their resumes, there's never any need for
manual data entry. Unlike other tools, Burning
Glass captures far more than just contact
information, extracting employers, positions,
start and end dates, job descriptions, skills
used, education, and certifications, among
dozens of others. Resumes are then returned
to the user instantaneously in a consistent
order and format.
Through
its strategic alliance with Burning Glass,
Kenexa will also begin offering Kenexa Recruiter
users unprecedented focus in searching for
relevant resumes. All applications are automatically
ranked according to their fit with the job
description. More than just a keyword-matching
engine, Burning Glass actually reads and
understands the job description so that
it can make matches based on inference and
context. These new Burning Glass tools also
put powerful search tools at users' fingertips
so they can derive greater value out of
their candidate databanks. Search based
on a job description written in plain English,
find more candidates who look like someone
you're keen on, or search for a term within
a targeted part of the resume. The Burning
Glass search and match engine is remarkable
in that it applies patented predictive matching
technology to its scoring and search functions,
enabling Kenexa Recruiter users to control
what candidates they see, using levers like
distance from job site, years of experience
in a specific job, level of education, or
other defining information.
About
Burning Glass Technologies
Burning
Glass develops the world's most advanced
and effective solutions for resume processing,
screening, and search. Quickly deployed
and scalable, Burning Glass applications
have demonstrated an 80% reduction in cost
to screen resumes and are up to 4.5 times
more likely to find the right candidate
for the job than existing solutions - resulting
in faster time-to-hire and higher quality
matches. Built atop pioneering statistical
natural language processing technology,
Burning Glass data extraction tools operate
at the highest level of accuracy and detail
in the industry. Burning Glass controls
several patents in the fields of data extraction,
information interpretation, behavioral profile
generation, entity matching, and machine
learning.
Since
1999, Burning Glass solutions have been
used by major employers, recruiting agencies,
applicant tracking systems, and job boards
throughout North America, Europe, Asia,
and Australia.
About
Kenexa
Kenexa
(www.kenexa.com) provides software and services
for comprehensive talent acquisition and
performance management. Kenexa services
include employment process outsourcing,
behavioral assessment, employee engagement
surveys and linkage research. Named Forbes
Magazine's Fall 2003 'Best of the Web',
Kenexa's award-winning software solutions
may be used in concert with Kenexa services
and integrate with existing HR management
systems, providing proven, short-term return
on investment through direct cost reduction,
fast implementation and process improvement.
After
16 years in business, Kenexa's customers
vary in size and include more than 100 of
the Fortune 500 and half of the Dow 30.
Headquartered in Wayne, Pennsylvania (outside
Philadelphia), Kenexa employs 400 people
worldwide.
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