Start up Profile

Param helps companies make data-backed hiring decisions by streamlining, cleaning and standardising their data sets. Param provided recruiting software that helps companies discover, match, engage and retarget potential candidates at scale. It is stand-alone software with an option to migrate ATS data. It can also function as an ATS-integrated application.

The company uses machine learning, natural language processing (NLP) and data science to plug into company’s internal talent databases, clean, update and standardize the data, read the historical and trending hiring patterns of the company against each role, and then rank and match them against open job roles and relevant roles. It not only optimizes the process but also automates the entire process, which is otherwise very tedious and time/effort involving.

It keeps track of each offer/rejection, which serves as an input and helps in improving the accuracy further. Also, it helps in analytics and getting finer granularity related to engagement, performance and source-efficiency.