Monthly Archives: February 2018

Blogs 2018-02-28T05:11:51+00:00
Police Verification
28 02 , 2018

Police Verification & Court Records Check – Joining Hands for Complete Vigilance

By Dolly Sharma| Feb 28, 2018|

Background verification is a crucial procedure in the hiring process of many companies; police verification being one of the most important aspects that should never be overlooked. It is the responsibility of any company to make sure that they create a safe and secure work environment for all their employees, and one of the most […]

women safety with background verification
27 02 , 2018

Empowering Women Safety With Background Verification

By Dolly Sharma| Feb 27, 2018|

The world still has a long way to go when it comes to gender equality in the workplace. But we have reached some remarkable milestones along the way. From days when women were not seen as people who could hold respectable jobs to having 32 women as CEOs of Fortune 500 companies as of 2017, […]

Background Checks
26 02 , 2018

You cannot ignore Background Checks- Here’s Why

By Rishi Acharya| Feb 26, 2018|

Business growth is the focal agenda for companies rather than cost cutting motives, which was earlier the thriving factor during recessional times. Having looked at the last year progression, the competition has just intensified. Talent Acquisition and Retention has become more than important. Organisations are struggling with hiring the right fit for the right role, […]

Background Verification
23 02 , 2018

Machine Learning, Artificial Intelligence & Background Verification

By Dolly Sharma| Feb 23, 2018|

Structured background checks have become an important part of contemporary businesses. Before firms hire candidates, before banks open accounts to new customers, before investors give out money to people, and before people co-share resources through “sharing economy” arrangements- in all these cases- background verification is a “must do”. For many years now, the process of […]

identity verification
22 02 , 2018

ID Verification & TrustOnDemand™ – Accelerating the On-Demand Economy

By Dolly Sharma| Feb 22, 2018|

According to an Allied Market Research, the global self-service technology market will cross $31 billion by 2020, representing an annual growth rate of almost 14%. This number is indicative of the importance of service industry today. Uber and Airbnb are examples of business models which were not even envisioned. But today they have changed the […]

Vendor Due Diligence
21 02 , 2018

Why Vendor Due Diligence is Important for SMEs?

By Dolly Sharma| Feb 21, 2018|

Organisations often merge with other entities in the quest of maximizing profits and for sustainability. When it comes to SMEs, partnerships and vendors are extremely crucial for business viability. With more organisations going the outsourcing and collaboration route, alliances are becoming a crucial ‘success factor. A company should obtain a more detailed overview of the […]

Background Verification
20 02 , 2018

How, What and Why of Background Verification-How Employees can Fool You

By Dolly Sharma| Feb 20, 2018|

An increasing number of frauds committed by a company’s own employees have led to the need for more stringent background verification. How employees have defrauded their companies In June 2017, 53-year-old Susan Rue pleaded guilty to defrauding her former employers Procter and Gamble of $500,000. In her fourteen years with the company, Rue would often […]

employee screening services
19 02 , 2018

Background Verification across the Globe: What’s New?

By Dolly Sharma| Feb 19, 2018|

Majority of the companies have cited ‘risk management’ as the primary reason for undertaking background verification processes. With the evolving global landscape and changing paradigms in business ecosystem (growth & scale), the way businesses hire and verify employees and partners is evolving.  Further, the ever-volatile conditions of the market and increasing risk of litigation for […]

Background Verification
16 02 , 2018

Innovating Service Delivery in Background Verification

By Dolly Sharma| Feb 16, 2018|

John comes to office daily carrying a huge folder full of papers and documents containing details of candidates that are to be verified. He works in the verification department of a Global Background Screening Company serving a huge base of corporate clientele. As his work involves looking into candidate documents and sending them for screening […]

Education Check
15 02 , 2018

Verify the “Master in Deceit” with Education Verification

By Dolly Sharma| Feb 15, 2018|

A recent TOI article unveils the UP B.Ed. degree scam, with nearly 2000 primary teachers holding fake B.Ed. degrees. Around 30 colleges were found out to be involved in this fraud, supported by the senior staff. Mark sheets were held out to people who were not even enrolled. Many holding these fake mark sheets were […]

Investment Due Diligence
14 02 , 2018

How does Investment Due Diligence Help Your Investment Strategy?

By Dolly Sharma| Feb 14, 2018|

When making a financial investment, whether it be in real estate or a company’s stocks, you need to know that it is a good investment. Investment due diligence is the process of investigating the potential investment’srisk and security before investing. Both, companies looking to acquire other companies and individuals who want to invest in businesses, […]

Due Diligence
13 02 , 2018

Franchise Due Diligence: A Franchisee’s Checklist

By Dolly Sharma| Feb 13, 2018|

If you want to become a business owner, but don’t want to invent a brand new business plan, then a franchise is a great option. Investing in a franchise allows you to be your own boss while already having a tried and tested business model at your disposal. Investing in a franchise, however, is not […]

Vendor Due Diligence
09 02 , 2018

How to mitigate risks with Vendor Due Diligence?

By Dolly Sharma| Feb 09, 2018|

Businesses today operate in a collaborative mode and third-party vendors are a necessary part of this collaboration. Conducting vendor due diligence is critical to strengthen trust and mitigate risks. Vendor due diligence helps businesses join hands with reliable and competent agencies while ensuring compliance with legal or regulatory mandates. Vendors – Businesses can’t survive without […]

CV Validation
08 02 , 2018

Resume Verification is key to an Organisation’s Success

By Dolly Sharma| Feb 08, 2018|

Yahoo’s ex CEO, Scott Thompson lied about his Computer Science degree which not only affected his hiring but also the official regulatory filings for the company. Dean of Admissions of MIT, Marilee Jones made up degrees from Union College and Albany Medical College, neither of which has any record of her attendance. Instances of misrepresenting […]

Employee Screening Services
07 02 , 2018

10 Ways to Mitigate Risk with Employee Screening Services

By Rishi Acharya| Feb 07, 2018|

Hiring an employee without taking the help of Employee Screening Services to can put companies at risk. Ever thought of hiring a parking lot personnel with a history of car thefts? How about consulting a doctor who does not have the required statutory licenses to perform a particularly risky surgery? There was a controversy some […]

Know Your Customer
06 02 , 2018

Smart KYC Solutions: The Need of the Hour for Employers

By Rishi Acharya| Feb 06, 2018|

Know Your Customer (KYC) is the “process of a business identifying and verifying the identity of its clients”. KYC solutions are also used by banks and companies to ensure anti-corruption compliance and to confirm the identity of customers, agents or distributors.   What is KYC and why is it important? In India, the Reserve Bank […]

Background Verification
06 02 , 2018

Background Verification Companies In India – The Changing Paradigm

By Rishi Acharya| Feb 06, 2018|

Did you know that a whopping number of candidates lie on their resume in the hopes of getting the job they want? It’s true. A study conducted by CareerBuilder found that out of 2,500 managers in charge of hiring, as much as 56 percent admitted that they have caught applicants providing false information on their […]

02 02 , 2018

Water Bill Verification – When and How to Use it?

By Dolly Sharma| Feb 02, 2018|

No business, especially those dealing with finances, should undermine the need and importance of an exhaustive identity verification. Especially with instances of identity thefts and security breaches becoming commonplace, it has now become a necessity for businesses to perform identity verification on all employees, clients and customers. A valid identity and address proof should be […]

Form 16 Verification
01 02 , 2018

Form 16 Background Verification – A Beginner’s Guide

By Rishi Acharya| Feb 01, 2018|

Form 16 verification is an important step for any business in the hiring process of a new employee. It can help companies verify that the information the candidate has provided regarding his or her previous compensation is true, since it clearly contains every salary transaction, including tax deductions. Therefore, with Form 16 verification, you can […]

01 02 , 2018

How is ‘Electricity Bill Verification’ Done?

By Dolly Sharma| Feb 01, 2018|

With instances of identity thefts becoming commonplace, it has increasingly become important for businesses to perform identity verification on all their customers. This includes demanding valid identity proof as well as address proof. In a country like India, where just 10 percent of the population have valid credit scores, it is a necessary step for […]