Employment verification takes lots of time and costs many resources to do the normal way. This is why companies often outsource their verification processes. Doing so can help them save resources while speeding up the process for everyone. To understand why this is true, you have to know the answer to the question, “How do third parties verify employment?”
Collection of Data
A third-party system, such as PSI’s third-party employment verification service, functions similarly to a data storage system. It collects and stores all the past records and information about employees. This library of employee information is what saves time in both outside requests and client requests.
Incoming Requests
The system works on a request basis, where people or companies need to ask for information from the collection of data. The requests go directly to the verification system so that they won’t bog down HR departments.
Permissible Access
Once a request comes in, the system won’t release the requested information until proper permissions are in place. Namely, the party asking for the employee verification needs to show that it has permissible reasons to ask for the information.
Access Code
After the requester confirms permissible access, the system will give an access code to the person trying to verify the data. They can then log into the system and input an identifying code, such as social, for the employee. The data they requested then travels to them automatically.
Automatic System Benefits
The automatic nature of the system is what makes it so useful for businesses. Requests no longer go through HR, and that saves a lot of time. Also, the storage and access systems allow for quick re-verification and access to data for both third parties and companies.
Now that you know how third parties verify employment, it should be easier for you to see the system’s benefits. It really does save a lot of resources to use this system.