How are people narrowing down 200+ decent applicants without making the hiring process ridiculous?

We posted a role recently and the problem isn't that nobody is qualified. It's almost the opposite.

Once you remove the obvious mismatches there are still probably 40-50 people who look like they could genuinely do the job.

I don't want to put everyone through 4 interviews and an assignment just because we're struggling to choose, but resumes alone aren't giving us enough to separate them either.

For people hiring right now, what's actually working for that first cut? Short screening calls? A couple written questions? Work samples?

Trying to find something that's useful without wasting candidates' time.