Authentive for background screening

Background checks are ubiquitous for screening applicants across industries, with 93% of employers worldwide conducting pre-employment candidate screenings and 90% landlords in US conducting tenant screenings.

Background screenings involving employment, income, education or credential verifications can take up to a week, especially when conducting verifications internationally. When institutions are unreachable, screening companies rely on documents provided by the candidates which can be fraudulent and defeats the purpose of verifications.

In a recent HR Research Institute survey, employers say accuracy, speed, and cost are the most important factors when deciding on a background screening provider

For applicants on the other hand, background screening is an obscure process which, at times, contributes to erroneous denial of employment and housing due to inaccurate or outdated data in consumer reports. This also creates litigation risk for screening companies under FCRA regulations.

At Authentive, we are building an AI powered platform for verifications so background screening companies can achieve:

1. 100% accuracy: Every document provided by candidates using Authentive is collected directly from the source by candidates logging into their online accounts. This guarantees that the documents are authentic and contain no alterations. Screening companies do not need to rely on candidate uploaded documents which can be fraudulent.

2. Instant verifications: Screening reports can be prepared instantly with automated insights from candidate documents, reducing turnaround time from days to seconds.

3. Up to 80% cost reduction: Dramatically low cost compared to data brokers or manual verifications.

4. International coverage: Global coverage to collect verification data from employers, educational institutions, and credit bureaus available online and accessible to candidates.

5. Enhanced privacy and transparency for consumers: Candidates control and share authentic data to complete verifications eliminating dependence on inaccurate and obscure data sources.

Reach out to our team to discover how Authentive can transform your screening process and give you an edge in the market.