The world is busy developing new technologies every other second and playing a vital role in connecting and bringing people closer. With better communication, it is also becoming easy for people to get distance working opportunities where they can showcase their talent without leaving their comfort zone. On one hand, where people are looking for great opportunities to work remotely, companies too are hiring such people for many reasons.
But with the advancement in almost every sector, people are learning skills that they utilize not only for positive work but also to misuse their learnings. Getting used to technology, they are now reaping the negative benefits out of it like generating fake IDs, qualification documents, etc. Since many companies tend to save their money and hire a person without getting a complete idea and verifying identity this cost them even more than hiring a full-time employee. So if you are running a company and planning remote hiring then be alert to keep yourself away from any kind of fraud or fake information. The following are the reasons why should you make use of digital identity verification for hiring candidates for your firm.
Steps of Verification
Document Verification: The normal process employed during the onboarding process employ the systematic flow of information that begins with the submission of the official documents to the company. This helps them in verifying their academic and professional qualifications plus achievements. But many times, candidates use forged documents to get the position. Hiring the candidate with no qualification can make company face heavy losses.
To prevent such things, it is good to make use of digital identity verification so that the identity and submitted documentation of the candidate can be verified using an authentic technique. This helps in acknowledging the frauds who could harm your company's name and fame.
Ensuring Financial Security: Since both working and hiring for remote jobs are associated with some kind of fraud. The remote candidate might incur money losses to them, or do not deliver the quality work as per the requirement, or delay the delivery of the work. Either of the above factors might result in facing heavy losses to the company. Also, such persons are difficult to find as they use multiple profiles for using people for their benefits.
To keep track of the workflow and payment done it is good to use the digital identity verification. This helps the company in keeping the proof of personal information and images of documents submitted at the time of hiring. You can assure the existence and reliability of the person it is good to contact a person via real-time video verification method. Getting the digital screening of KYC and AML will ensure the company for payment and also provide satisfaction that the person being hired is not associated with any kind of fraud or criminal act.
Reliable Digital ID Verification: Choose a reliable platform for digital ID verification services. Nowadays, artificial intelligence is dominating almost every sector and thus one can get the 100% assurance about the authenticity of the documents presented at the time of the interview. Also, the technology-driven background verification offers support for address verification of the employee by making use of utility bills and bank statements (not older than 3 months).
Keeping the whole idea in one place, it is good to say, that while living in the age of technology we can make the best use of digital identity verification services of candidates to recruit the right talent and potential candidate for our organization. This will help in protecting the interest of the company, securing assets and preventing the company from any fraudulent activity. Also, hiring the right candidate helps in gaining trust among customers, enhance productivity, improves business operations, and prevent financial losses.
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