Human resources tech company continues to simplify and refine recruitment process



•       New Sentiment engine identifies job candidates’ performance and suitability for a specific role

•       Tone of voice algorithm examines reference responses and rates feedback positive, negative or neutral

•       Xref collects 60% more data, five times faster than traditional methods

•       Anonymous process protects companies from fraud, discrimination and privacy breaches



TORONTO, ON – July 19, 2017 - Xref Limited, the human resources technology company, recently launched its new Sentiment analysis engine which provides employers with an increased sense of a candidate’s professional performance and suitability for a role.



The unique platform leverages an algorithm which examines reference responses and rates feedback positive, negative or neutral.  Offering a new method of data analysis which interprets the referee’s ‘tone of voice’ for the employer, the proprietary tool reduces the chance that a reference is misinterpreted and provides a new indicator to detect the possibility of fraud.



“The Xref Sentiment algorithm leverages neural net technology to extend the Xref platform’s capability for employers,” says Executive Director & CTO Tim Griffiths. “This provides an important new way to examine reference responses which complement our multi-language capability and helps clients make data-driven decisions when recruiting.”



Xref, which is seeing rapid and continued success since it was founded in 2009, collects 60% more data, five times faster than traditional methods. Automating a vital task in HR, the company is redefining the industry with tech, helping protect its clients from fraud, discrimination and privacy breaches.



Xref’s software as a service (SaaS) platform is currently used by more than 600 clients across 7 countries, including a growing base of organizations in Canada and throughout North America, as well as in the UK, Europe, Asia and its native Australia where is was listed on the ASX in 2016.



“We continue to innovate with the launch of our new Sentiment algorithm which generates a statistical breakdown of the information included in candidates’ references,” says Executive Director & CEO Lee-Martin Seymour, “This offers organizations’ a guide to a candidate's suitability for the role via additional insight, which will, ultimately, assist them in making smarter, more confident hiring decisions.”



For further information, visit the Xref website.



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