Veremark, the global pre-employment screening service company that helps employers verify employee credentials, seeks to push the deployment of its cutting-edge solutions to the local small and medium enterprise (SME) market.
Jeremiah Chow, head of sales for Asia Pacific of Veremark told the BusinessMirror that the technology-driven company wants to help the local small and medium enterprises (SMEs) hurdle the challenges, especially during this time of the pandemic. “Veremark is designed to help companies of all sizes. SMEs can easily sign up and order the different background checks they need without any difficulty or long-term commitment,” Chow said.
“We know SMEs are already inundated with many priorities but want to make sure they hire the right people for their companies through background checks, and as such have specifically built our product to make it easier and faster for them to save time and money when doing these necessary checks,” Chow explained.
SMEs constitute 99.6 percent of registered businesses in the Philippines. Chow said hiring the right people for the job for the SMEs is an arduous task that involves spending a big sum of money to source, onboard and train a candidate only to realize a few months later that they made the wrong hire. For getting a wrong hire, Chow said, the cost can easily go up to five times the monthly salary of the person.
To remedy this problem, Chow said integrating efficient and time saving background checks in the hiring process must be implemented by entrepreneurs to mitigate hiring risks. “Veremark can help businesses make fewer bad hires at a more efficient turnaround time,” he said.
Moreover, he stressed, Veremark can handle the demands of finding the right people for a company helping most time-pressed businesses to quickly implement a best-in-class screening process that requires no manual effort on their side.
Veremark has a superb track record, as it is the highest-rated background-screening platform on third party review sites like Capterra because it gives value to a positive user experience.
With Veremark’s automated background screening platform leverages automation, integration, and blockchain, Chow said this enables their clients to save costs and hire with more confidence.
With its automation tool, Chow said, Veremark does the heavy lifting for the client by helping them achieve a significant increase in their productivity because they can customize their communication messaging, frequency of follow-up, and notification settings based on their preference.
Veremark’s platform integrates with popular Applicant Tracking System (ATS) and Human Resource Information System (HRIS) tools. Further, the platform also supports important security features like Two-Factor Authentication (2FA) and Single Sign-On (SSO). “We ensure our clients’ data are secure, while at the same time making it easy for them to get the information they need when they need it since we integrate with the other tools they are using,” Chow said.
Chow said their blockchain-powered Career Passport is a game-changer. Blockchain allows a company to store data securely, while maintaining data integrity and providing faster turnaround times to complete background checks.
“If a candidate’s educational attainment has been verified previously, why do future employers have to run the same check years later?” Chow said.
Launched in late 2019, Veremark provides an automated digital-first solution that instantly lets companies, large or small, order a wide range of checks like employment history, academic, criminal and credit records checks anywhere in the world.