As leaders today are observing the AI revolution across every process, Human resources is no exception: there has been a visible wave of AI disruption across HR functions. According to an IBM’s survey from 2017, among 6000 executives, 66% of CEO’s believe that cognitive computing can drive compelling value in HR while half of the HR personnel believe this may affect roles in the HR organization. HR executives who perform tasks like applicant tracking, payroll, training, and job postings manually without automation, state that they spend 14 hours a week on an average on these tasks. Leveraging AI to automate these HR processes can be extremely pertinent for meeting the following key business requirements: First, save time and increase efficiency; Second, provide real-time responses and solutions that meet employee expectations.
Source: Analytics Insight