Magnit Debuts Innovative AI Agents Powered by Maggi to Optimize Business Outcomes

Gen-AI continues its trajectory in revolutionizing the way we live and work. And at Magnit, we aim to leverage Gen-AI and cutting-edge technology to streamline and automate workforce processes, transforming how companies manage their contingent workforce management (CWM) program.

Our Gen-AI companion, Maggi, helps organizations improve workforce planning, increase productivity, and gain unparalleled visibility. 

And today, we are eager to unveil how we have refined and expanded the capabilities of Maggi with a steadfast spirit of innovation. As part of our latest release, we are very excited to debut two new AI Agents to help organizations reimagine contingent workforce management, powered by the Magnit Platform

Introducing Magnit’s New AI Agents

The Candidate Agent: Identify & Match Top Talent to Open Requisitions

Our new Candidate Agent helps identify and match top talent to open requisitions and roles based on hiring criteria such as skills, experience, location, or necessary certifications for the position.

With the Candidate Agent, program managers leverage AI-powered matching and recommendations to better identify qualified talent, achieve cost savings and to ensure compliance. In addition, the Candidate Agent can quickly extract key details from resumes and job descriptions, provide guidance on candidate selections with a scoring matrix, and compare candidates with in-depth side-by-side analysis, resulting in efficiencies in candidate review and shortlisting by up to 60%.

Use Case: Candidate Shortlisting

A hiring manager needs to fill 10 open requisitions with a total of 260 resumes to consider. If it takes several minutes to review each resume and shortlist the ideal candidates for the roles, it becomes labor intensive and time-consuming.

Challenge

• Manual resume screening and vetting is time-consuming and inefficient
• High application volumes make it hard to identify top candidates
• Delays in hiring can lead to lost talent

Solution

With Gen-AI, the Candidate Agent:

• Identifies top candidates for review, leveraging a structured scoring matrix resulting in faster hiring decisions
• Provides side-by-side comparisons and key insights for stronger candidate selection
• Highlights specific skills & expertise for the role, improving decision-making

The Knowledge Agent: Your Source for Answers and Tailored Guidance

The Knowledge Agent offers expert guidance and answers specific to your CWM program. It aggregates content from your CWM ecosystem, including resources like release notes, company policies, and other relevant assets, to deliver comprehensive support.

Access to vast amounts of structured and unstructured data empowers users to make informed decisions quickly that can often be overlooked by humans. Additionally, continuous learning drives smarter insights from user interactions, enabling the Knowledge Agent to adjust its behavior and better refine its responses by leveraging new data and feedback loops. The Knowledge Agent works collaboratively with humans to drive better efficiencies and improved innovation.

Use Case: A New Employee Learning the Requisition Process

A new hiring manager recently joined your company and needs to open a new requisition, which is a time-consuming process when reviewing company policies, manager guides, and other documentation such as regional compliance and training materials.

Challenge

• Manually gathering specific insights from a library of resources is labor-intensive and inefficient
• Missing, incorrect or outdated documents can cause delays in the hiring process

Solution

With Gen-AI, the Knowledge Agent:

• Automatically provides step-by-step instructions in opening a new requisition, and provides key insights into company policy and country regulations for compliance
• Enables hiring teams to open requisitions faster by simplifying the requisition process

Transparent AI for Smarter Business Outcomes

The Maggi Gen-AI companion offers a modern experience to manage day-to-day operations and plan strategically for the future, removing the complexities and inefficiencies of your contingent workforce management processes.

Our AI Agents are designed to align seamlessly with business needs by leveraging industry best practices, ensuring they deliver both transparency and trust in decision-making. Through advanced data analysis, real-time insights, and compliance with ethical AI standards, our AI Agents empower organizations to make informed, strategic choices with confidence. By prioritizing accuracy, fairness, and adaptability, they help drive efficiency, optimize workforce strategies, and ultimately lead to exceptional business outcomes.

With Maggi, you can:

Streamline operations with automation, including automating workflows and processes such as requisition creation and enhancing candidate scoring

Gain data-driven, AI-powered insights, such as predictive intelligence and real-time market rates

Improve strategic planning, by gaining insights on forecasting and budgeting, and uncovering cost-saving opportunities

Interested in learning more about Maggi and how you can leverage Gen-AI for your CWM program? Contact us today.

Disclaimer: The content in this blog post is for informational purposes only and cannot be construed as specific legal advice or as a substitute for legal advice. The blog post reflects the opinion of Magnit and is not to be construed as legal solutions and positions. Contact an attorney for specific advice and guidance for specific issues or questions.