Veremark Enterprise-ready Vault-like Whitepaper Download

July 7, 2022

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This paper covers why data security and privacy are of paramount importance for companies managing sensitive employer and candidate data. The paper explores how Veremark takes care of the potential security concerns. The paper also discusses different aspects and features of the platform that make it userfriendly to set-up and deliver the secure background screening service.

The background screening of candidates is an important procedure, and if the company is a multinational, and needing to hire from many countries across the world, the process requires strong data security. The process involves getting information about the candidates, like their previous work experience and education, and investigating if they may have a past criminal record. This whole candidate screening process helps the company to keep the working environment safe from potential future security breaches.

If hiring companies chose to do it themselves, they might find it difficult, as it requires collecting a lot of data across multiple geographies and jurisdictions. In addition, it is time-consuming to retrieve that data, verify it, review it, and contact the sources.

Therefore, the use of cloud-based Software-as-a-service (SaaS) screening tools like Veremark can improve the efficiency of the process by providing an effective way of collecting, storing, and sharing information from various sources in a secure manner. In addition, with the help of AI tools, companies can use automation to verify their prospective hires and existing employee credentials by analysing the sourced data against the declared and shared information.

Background checks include:

● Reference checks

● Credit checks

● Employment history checks

● Automated ID checks

● Adverse media checks

● Financial history checks, amongst others

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Veremark offers more than 40 types of background checks, across 180 countries around the world.

Background screening is a crucial area of your recruitment funnel that cannot be overlooked. A large part of a company's success in hiring, brand value, revenue, and overall strategy depends on it. In addition, for all businesses it is vital to adopt cutting-edge technologies, to deliver the latest new talent acquisition and existing workforce engagement software and services that can be completely integrated across the selection process and employee journey.

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In this report, we discuss:

- Veremark: The secure HRTech background screening platform

- How does Veremark work?

- Veremark Verepay scalable payment options

- The Security of Veremark

- The importance of Data Security

- What can companies do to ensure data privacy and security?

- Veremark Platform: vault-like security

- Veremark Candidate and customer data security policies

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FAQs

What background check do I need?

This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.

Why should employers check the background of potential employees?

Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.

How long do background checks take?

Again, this depends on the type of checks you need. Simple identity checks can be carried out in as little as a few hours but a worldwide criminal background check for instance might take several weeks. A simple pre-employment check package takes around a week. Our account managers are specialists and can provide detailed information into which checks you need and how long they will take.

Can you do a background check online?

All Veremark checks are carried out online and digitally. This eliminates the need to collect, store and manage paper documents and information making the process faster, more efficient and ensures complete safety of candidate data and documents.

What are the benefits of a background check?

In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.

What does a background check show?

Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.