This week, Loxo, the #1 AI-Powered Recruiting CRM and a global leader in artificial intelligence sourcing software, announced a new data privacy compliance product to help the recruiting industry effortlessly manage the increasingly arduous data privacy regulations around the globe, including GDPR and CCPA. All organizations in the recruitment and hiring domain must develop and adopt data privacy and data management practices to remain compliant or risk a fine of 20 million euros or 4% of a companies global annual turnover, whichever is higher.
Loxo is the #1 AI-Powered Recruiting CRM and a global leader in artificial intelligence sourcing software. Loxo’s state-of-the-art product suite and proprietary data solutions offer the most advanced recruiting and sourcing technology in the marketplace.
Loxo’s solution is especially relevant as recruiting organizations and sourcing teams are looking to adopt a next-generation Recruiting CRM which will allow them to much more efficiently and effectively manage both inbound and outbound recruiting activities in one place. Loxo’s solution automates the end-to-end compliance workflow for executive search, professional recruiting agencies, RPO, and enterprise talent acquisition teams, while offering the flexibility to replace their legacy Applicant Tracking System (ATS) or bi-directionally integrate with their existing ATS.
The new features will enable Loxo customers to manage candidate data without violating GDPR or CCPA requirements. The automated system takes the headache out of compliance, allows candidates to manage their data privacy, and further establishes Loxo as the global leading enterprise-grade Recruiting CRM. The platform centralizes all data and offers a purpose-built product to easily manage candidate’s data privacy in one-place providing a comprehensive and updated dashboard of all candidate’s status in real-time. It also provides candidates with full control of how their data is used. The Recruiting CRM can be automatically updated by the candidate or applicants themselves so that recruiters using Loxo can use candidate data without the concern of breaking regulations.
The General Data Protection Regulation (GDPR) is an EU regulation requiring organizations that process EU citizens’ data to comply with privacy regulations. GDPR is a set of rules covering personal data governance for all organizations, irrespective of their location. GDPR and CCPA have impacted how recruiters and employers capture, store, move and share personal data. Consequently, all organizations in the recruitment and hiring domain must develop and adopt private data management practices that adhere to the regulatory provisions. GDPR has given individuals comprehensive and actionable rights and control of their data in recruitment agencies’ and prospective employers’ hands. Job applicants and prospective candidates have the right to access, delete, or modify the information agencies or prospective employers hold about them. Candidates also reserve the right to be informed when the data is accessed, appropriated, or altered.
Loxo understands that complying with the GDPR requires a practical solution that is easy to implement without hiccups. Their commitment to making GDPR compliance easy for customers has seen them develop a platform that is both intuitive and highly resourceful. They have created a user-friendly platform and help customers learn how to use the platform with comprehensive guides. The guides and technical information aim to solve customers’ most pressing compliance problems to focus on recruitment.
Loxo is a best-in-class enterprise recruiting SaaS company specializing in AI and machine learning, combining an ATS and CRM, and includes drip email automation, SMS texting, VoIP calling, personal contact information, and candidate AI sourcing all-in-one easy to use platform. Learn why over 8,000 top recruiting organizations and talent acquisition teams across the globe trust Loxo. For more information on Loxo’s GDPR guidelines and best practices, visit loxo.co or talk to a consultant: demo.loxo.co/