Gigged.AI uses OpenAI API to radically speed up tech hiring

By

Gigged.AI
November 26, 2024

Enterprises face immense pressure to quickly assemble talent for specific projects, especially as digital transformation initiatives ramp up.

Gigged.AI, recognising the need for streamlined, on-demand workforce solutions, developed the SoW (Statement of Work) Project Creator using OpenAI’s API technology.

This tool empowers organisations to swiftly scope projects and match the ideal contingent talent, providing companies with a robust solution to bridge talent gaps.

With OpenAI, Gigged.AI has helped clients and job applicants as follows:

  • The average time to hire contingent talent is just 3.3 days, from SoW creation to starting onboarding.
  • Each SoW receives 9 pre-vetted proposals on average, saving hiring managers days of screening unqualified applicants.
  • 50% of hires are made from the top 5 talent matches highlighted by Gigged.AI’s matching algorithm.
  • 100% of inbound talent support requests are handled by a custom GPT. This GPT has also helped to increase average profile health by 25% by guiding users through account creation.

Background

Digital transformation has heightened the demand for highly specialised skills. However, traditional hiring models—often slow and limited to specific geographies—can’t keep pace with these dynamic needs.

The shift to remote and hybrid work has created a fertile ground for on-demand talent platforms​​. Yet, many companies struggle to craft precise project scopes that align with outcomes, a gap that can lead to project delays or talent mismatches.

Gigged.AI’s Solution: SoW Project Creator

The SoW Project Creator is a breakthrough in project scoping for freelance talent acquisition. By integrating OpenAI’s API, this tool assists companies in defining project requirements with clarity, speed, and precision:

  • AI-Powered Project Scoping: The SOW Creator guides users through an intuitive, conversational interface, asking tailored questions to establish clear project goals, deliverables, and timelines. This eliminates ambiguities in project scoping, a common challenge in traditional freelance hiring processes.
  • Skills Matching and Compliance: Once scoped, the tool uses Gigged.AI’s skills-matching algorithm to identify and recommend the best-matched freelancers from its global talent pool, streamlining compliance and onboarding to within days rather than weeks. The matching algorithm is designed to highlight the five best fits, reducing hiring lead time significantly.
  • Outcome-Based or Time and Material Options: Depending on project needs, Gigged.AI offers flexibility in structuring projects as outcome-based (project milestones) or time and material (T&M). This flexibility not only optimises costs but also aligns projects more closely with business outcomes.

Impact on Clients and Applicants

With the SOW Project Creator, Gigged.AI clients benefit from:

  • SoW Accuracy and Time Savings: This feature has proven instrumental in streamlining project setup, saving clients hours of manual work. By automating scoping and project alignment, the SOW Creator eliminates the back-and-forth typically needed to finalise project details, allowing teams to focus on core tasks. Creating an SoW takes less than 3 minutes.
  • Streamlined Interviewing: Gigged.AI’s skills-based matching and AI-assisted SoW creation help hiring managers target only qualified talent and prevent hundreds of unqualified applicants. Projects created on Gigged.AI receive 9 vetted proposals on average, saving hours of screening and interview time. One financial services client even made a hire from a single interview, having been matched with the perfect consultant.
  • Accelerated Time to Hire: From SoW creation to a hire being made, it now takes 3.3 days on average, a marked improvement over traditional models that may take weeks​​. Currently 50% of hires are made from the top 5 matches highlighted by Gigged.AI’s algorithm.
  • Cost Efficiency: By providing freelancers on an as-needed basis, Gigged.AI’s platform allows companies to reduce reliance on high-fee consultancies and recruitment agencies, saving up to 30% compared to traditional models.
  • Access to Niche Skills: Gigged.AI’s platform offers access to contingent talent with over 500 skills, from data scientists to software developers, allowing companies to tap into specialised expertise previously out of reach​.

Looking Ahead

Gigged.AI’s SOW Project Creator embodies the shift toward a skills-based, agile workforce. By empowering companies to seamlessly engage freelance talent, Gigged.AI is setting a new standard for rapid, flexible talent solutions in today’s project-driven economy. This aligns with Deloitte’s vision of a skills-based organisation, where work is organised around skills and tasks rather than rigid job roles​.

The SOW Project Creator exemplifies how Gigged.AI harnesses advanced AI to deliver value for clients, transforming how projects are scoped and executed in the evolving gig economy.

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