Multi-lingual Debiased AI Video Interview Solution from Neufast Limited is Now Available on SAP® Store
By integrating with SAP® SuccessFactors® Recruiting, solution delivers video interview talent assessments in nine languages for diversity hiring
Hong Kong SAR — August 9 , 2022 — Neufast Limited today announced that its Multi-lingual debiased AI video interview solution is now available on SAP® Store, the online marketplace for SAP and partner offerings.
“The current hiring processes are plagued by cronyism and bias,” said Dr. Grace Lordan, Associate Professor in Behavioral Science and the Founding Director of The Inclusion Initiative1 (See Reference). “It is time that humans hand over the hiring process to machines that do not have these tendencies to improve the diversity of selected candidates. Biases embedded in algorithms can be mitigated somewhat with more care from those writing them, and compliance folk, who do not have skin in the hiring process, can monitor the process to abate any concerns on fairness. Let’s progress AI in recruitment and workplace inclusivity at the same time.”
The solution integrates with SAP® SuccessFactors® Recruiting and is available on SAP Store for all-in-one customer experience and data sync of candidate video assessment results. It helps automate talent screening with 50 percent reduction in time-to-hire, 80 percent cost efficiency, and 70 percent improvement of youth engagement in employment. The AI/ML model is validated with 30,000 video datasets and achieves 91 percent reliability in measuring the underlying construct of competencies required for the job when compared to manual scores of candidates by customers. It passes the Four-Fifths rule with no adverse effect on gender. Our AI/ML evaluates person-job fit in nine languages: English, Mandarin, Cantonese, Thai, Vietnamese, Malay, Bahasa Indonesian, and Khmer (Cambodia). The list is expanding to German, French, and Spanish to help companies identify high-quality hires where English is not the first language for candidates. The solution offers full audit logs for quality assurance and consistency of the hiring process. The intelligent solution facilitates remote assessment and hiring in insurance, Fast-moving Consumer Goods (FMCG), Food & Beverage (F&B), manufacturing, property management, government, and higher education in over 10 countries of tens of thousands of job applicants.
HR and recruitment professionals are empowered with a simple yet intelligent solution to provide a digitally engaging and data-driven candidate experience for high volume and seasonal recruitment processes. Personal identifiable information (PII) is redacted prior to data annotation and AI/ML model training to avoid bias factors such as attractiveness, gender, and age from being scored. Rooted in industrial and organizational psychology, natural language processing with machine learning, Neufast’s debiased AI solution improves person-job fit and thus retention rate for employers. With a full audit log of video analytics and audio transcription, quality assurance of global hiring decisions with speed at scale are now possible.
The core functionality of the integrated solution includes:
Interview scheduling
Automated video interviews with virtual humans
Patent-pending debiased AI
Individual talent assessment report covering 27 competencies for task, contextual, and adaptive performance
Group-level statistics for the norm group of candidates. The analytics adds value to the company in workforce planning and talent development.
The company offers new corporate users of its multi-lingual debiased AI video interview solution a free trial on SAP Store with 20 interview quotas.
SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying, and renewing more than 2,000 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.
Having participated in the SAP.iO Foundry Shanghai program in 2022, Neufast Limited is a silver partner in the SAP® PartnerEdge® program. Integrated with SAP® SuccessFactors® Recruiting using SAP® SuccessFactors® HXM Suite, the multi-lingual debiased AI video interview solution fuels customers to become intelligent enterprises. The PartnerEdge® program provides the enablement tools, benefits, and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively.
Reference: Dr. Lordan was quoted in an article titled, “Artificial Intelligence outperforms humans in job hiring” published by the London School of Economics and Political Science in May 2022. The paper, published in the journal Artificial Intelligence Review, is available here: People versus machines: https://link.springer.com/article/10.1007/s10462-022-10193-6
About Neufast Limited
Founded in Hong Kong in 2018, Neufast Limited is an award-winning artificial intelligence (AI) enterprise resource planning software as a service (SaaS) solution company with solid experience in AI, human resource management, and industrial and organizational psychology. The company owns proprietary patent-pending enterprise human resource information system (HRIS) SaaS solutions to support corporate clients in cross-border multilingual talent assessment and recruitment.
The company’s multi-lingual debiased AI video interview solution provides a validated talent assessment with 91 percent reliability and candidate video management solution in the digital space. Its multilingual virtual recruiters help build a diverse talent pool while achieving up to 80 percent cost efficiency and 70 percent improvement of youth engagement in employment. Neufast takes care of PII redaction of human multimedia data as required by the Personal Data Protection Act and general data protection regulation compliance in the European Union, Asia-Pacific region, and China.
Neufast partners with SAP, Oracle, AWS, Microsoft, Google, and Aliyun to offer world-class integrated intelligent recruitment cloud solutions. The company has extensive experience in helping Fortune 500 corporations, listed enterprises, recruitment agencies, government bodies, and higher education institutions in implementing intelligent HRIS systems across 10 markets.
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For more information, press only:
Agnes Wun
Co-founder & CEO, Director (Product, Strategy & Finance)
Neufast Limited
agnes@neufast.com