Employment Verification Providers: Everything You Need to Know
Are you familiar with employment verification providers and the services they offer? If not, you’ve come to the right place. In this comprehensive guide, we will explore the world of employment verification providers and delve into the various solutions they provide. If you’re an employer in need of verification services, this article will equip you with all the knowledge you need.
Employment Verification Services
What Are Employment Verification Services?
Vault Verify is one of the leading Employment Verification Providers in the market today. We offer comprehensive dashboard analytics as a part of our employment verification services, making employment verification and income verification an effortless process.
Automated API for Employees Needing Employment and Income Verifications for Loans and Government Assistance
Vault Verify uses an automated API that assists employees in obtaining quick, reliable verifications for employment status, and income. An automated API is a highly efficient solution for employees seeking employment and income verifications to support our loan applications or government assistance requests. By implementing this technology, HR departments can streamline the verification process, eliminating the need for manual paperwork and reducing the overall turnaround time. The automated API securely allows Vault Verify to retrieve accurate data from the HCM platform of employers and to compile and provide reports to authorized financial institutions and government agencies, allowing quick and accurate retrieval of relevant income and employment data. This automated approach not only facilitates faster access to vital information but it also enhances data accuracy and minimizes the potential for errors or fraud. Overall, the automated API serves as a valuable tool for companies and employees wishing to facilitate a streamlined lending process, ensuring a smoother and more secure verification experience.
Simplified HR Workload
Through Vault Verify’s automated services, verifying income and employment status has become a straightforward and efficient task. This reduces the workload of HR teams, allowing them more time to focus on other crucial aspects of employee management.
Data Security
Comprehensive and Innovative Security Measures
Vault Verify is compliant with all U.S. state privacy laws. Our security measures are both innovative and comprehensive, ensuring that all employment and income verification data is kept unexposed and private.
FIPS 140-2 Encryption and SOC 2-certified
Vault Verify is FIPS 140-2 encrypted and SOC 2 certified. FIPS 140-2 Encryption is a standard developed by the National Institute of Standards and Technology (NIST) in the United States to validate the security of cryptographic modules. It provides guidelines for encryption algorithms, key management, and other security requirements. FIPS 140-2 certification ensures that the encryption solution meets high standards for protecting sensitive information and preventing unauthorized access. SOC 2 (System and Organization Controls 2) certification, on the other hand, is an auditing procedure established by the American Institute of Certified Public Accountants (AICPA). It focuses on the security, availability, processing integrity, confidentiality, and privacy of a service organization’s systems. SOC 2-certified companies have rigorous controls and procedures in place to protect customer data and ensure the confidentiality and integrity of our services.
Combining FIPS 140-2 Encryption and SOC 2 certification provides organizations with a strong foundation for data security. This combination ensures that sensitive data is protected with robust encryption algorithms and controlled access and that the overall security infrastructure and policies of the organization have been independently audited and validated.
All Verifiers are Credentialed
All verifiers conducting background checks are credentialed – this means that you can rest assured knowing that your sensitive information is only handled by professionals.
Look to Vault Verify for Income and Employment Verification
If you’re looking for a flexible, highly secure income and employment verification automation platform, look to Vault Verify. We empower HR departments by helping them outsource administrative work to our state-of-the-art HR automation solutions, reducing liability and labor costs. With a 99% client retention rate, you can trust that we always put our clients first. If you need quick, reliable, and secure income and employment verification, request a demo today.