From Select Jobs:
Recruiters can get to the interview process and fill positions much faster with the use of this technology. Also, recruiters can offer a better candidate experience with rapid response times. Once this information is obtained, it is easily searchable using keywords and phrases. As each resume is parsed, the program searches for these terms and words and brings the recruiters relevant resumes and applicants. So instead of looking through dozens or hundreds of resumes, this technology sorts and searches them for the recruiter.