What is Resume Parsing Software?
Resume parsing, alternately CV parsing, software is designed to automate the process of gathering, analyzing, and sorting resumes. Resume parsing tools’ may achieve this with keyword-based, grammar-based, or statistical methods. Keyword parsers identify words and phrases and apply algorithms to text around those words to form judgments. Grammar parsers apply grammatical rules to capture the meaning of each sentence in a resume. Finally, statistical parsers apply numerical models of text to find structure in a resume.
Resume Parsing Software Features
Resume parsers provide some or all of the following feature sets:
Resume import from job boards or social media sites
Easy location/extraction of contact information, histories
Resume management (e.g. parsing & storage)
Parse unstructured resumes and extract usable data
Input data into online applications without human entry
Multilingual parsing support
Customizable macros for highly specific parsing/extraction
Supply “one-click” application completion to applicants
Sort resumes into a searchable candidate database
Extract data from associated social media profiles
Semantic matching and for matching candidates to requirements
Automated resume updating with new information
Resume parsing tools are broadly available as a feature of applicant tracking systems (ATS) or an HRMS. They may additionally be found as standalone applications for hirers, recruiters or hiring agencies. Resume parsers acquired on a standalone basis may be bundled with ancillary apps or modules (e.g. resume searching, resume matching, etc). Free trials or free plans of a very limited volume are available from some vendors for solution exploration. Afterward, pricing is primarily determined by the volume of resumes to be parsed and/or stored. However many vendors offer specialized plans and pricing for large enterprises parsing thousands of resumes.