# Magnit Unveils AI-Powered Integrated Workforce Management Platform and Assistant
Magnit, a global staffing and talent provider based in San Francisco, has recently launched an innovative AI-powered Integrated Workforce Management Platform and assistant called “Maggi.” This platform, which utilizes OpenAI’s GPT-4, is the first of its kind in the workforce management industry. The goal of this platform is to simplify and streamline the hiring process for staffing companies and client firms, making it faster and easier to find and hire talent, particularly for seasonal and temporary jobs.
## Simplifying Complexity and Managing the Contingent Workforce
Magnit’s Chief Product & Marketing Officer, Vidhya Srinivasan, explains that the company’s mission is to infuse technology and automation into the hiring process to simplify complexity and manage the contingent workforce more effectively. While many hiring managers and suppliers are accustomed to manual processes, Magnit’s AI assistant, Maggi, goes beyond the capabilities of a regular chatbot or large language model (LLM)-powered chat interface. It is designed to provide intelligence and automation, minimizing inefficiencies and improving outcomes.
## Key Features of Magnit’s AI-Powered Platform
The underlying intelligence of Magnit’s Integrated Workforce Management (IWM) Platform and Maggi is OpenAI’s GPT-4. The platform is divided into three main areas: execution, informing, and planning.
In terms of execution, the software allows hiring managers, suppliers, and workers to interact with the same system, eliminating silos and enabling seamless sharing of data on talent that fits job descriptions. This platform covers various sectors, including blue-collar, white-collar, skilled and unskilled labor, and blended workforce needs, all within a single interface.
When it comes to informing and planning, Magnit’s platform offers proactive and reactive alerts, notifying users about updates to local labor laws and regulations. It also automates workflows across recruitment, onboarding, payroll, compliance, and more. Additionally, users can leverage the platform’s extensive data ocean and AI/ML capabilities to create customized plans based on their goals.
Furthermore, Magnit’s system provides deep, data-driven insights on pay rates, market trends, and candidate profiles. This data helps hiring managers make informed decisions, save costs, and stay competitive.
## Focused on Results and Scalability
Magnit’s AI-driven platform is designed to drive measurable outcomes at speed. It offers a compliance framework that reduces risks associated with payroll and hiring missteps. Additionally, the platform enables businesses to scale access to quality talent by tapping into a wide array of sourcing channels. The focus is on solving specific pain points in the hiring process and enhancing the everyday experience for users, ultimately improving reliance and stickiness in the platform.
## Magnit’s Background and Rebranding
Previously known as PRO Unlimited, Magnit is a 33-year-old firm that rebranded in 2022 after being acquired by EQT Private Equity. The company was founded to assist large companies in managing their contingent workforce and attracting specialist talent seeking flexible work solutions. It has also acquired Workforce Logiq and its dedicated data science and development teams, further enhancing its capabilities.
## Conclusion
Magnit’s AI-powered Integrated Workforce Management Platform and assistant, Maggi, represent a significant advancement in the workforce management industry. By leveraging OpenAI’s GPT-4 and incorporating automation and intelligence, Magnit aims to simplify the hiring process, improve outcomes, and provide a seamless experience for hiring managers, suppliers, and workers. With its focus on measurable results, compliance, and scalability, Magnit is poised to revolutionize the way companies manage their contingent workforce.
