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PBSA Journal May-June 2023

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PBSA Journal PAGE 16 MAY/JUNE 2023 Except where otherwise indicated, articles are copyright © by PBSA 2023. All rights reserved. Embracing Technology in Employment Verification for Seamless Background Checks Continued from page 15 So, What Are The Benefits? The benefits of technology vary, but here are the top four: Faster and Easier While the above descriptions of technology may sound complicated, integrating technology into regular company practices can be seamless. Incorporating the necessary software into existing technology takes one to two months, and with a no-code solution, you can be up and running in days. Once fully implemented, the technology can reduce your turnaround times from days to seconds. More Cost-effective Technology is more efficient than traditional employment verification practices. To increase productivity, the labor necessary to complete verification tasks can be allocated to other business areas. At the end of the day, businesses are looking to improve efficiency. So finding ways to make background check services more affordable is essential, and using technology can make a huge difference. Accuracy and Privacy The screening industry is heavily regulated by legislation in many regions, including the FCRA in the U.S., and more. Per the FCRA, background screeners have a responsibility to use reasonable procedures to assure maximum possible accuracy, so it's imperative that the data being received is as precise as possible. Employment verification technology goes straight to the source—payroll providers. As a result, technology is less prone to error and isn't able to be affected by human intervention. Technology also gives consumers greater privacy and protection while allowing businesses the most accurate information. In addition, these digital solutions do not alert current or past employers, creating greater trust between candidates and their employers. It's essential to research and stay up to date on how technology affects background screeners. Whatever your decisions on using technology, weighing all the benefits and detriments employment verification software might have in the background check industry is necessary. Technology innovation is on its way—what's imperative is businesses are prepared to leverage it or find other ways to maximize their efficiency, trust, and growth. l Justin Stolzenberg is general manager of strategic verticals at Argyle. Prior to joining Argyle, Justin was head of growth at Blair, leading financing and operations for an alternative asset in education financing. He also worked in investment banking at Houlihan Lokey, focusing on sell-side mergers and acquisitions. Justin earned a Bachelor of Science at Washington University in St. Louis, studying systems engineering and finance. At the end of the day, businesses are looking to improve efficiency. So finding ways to make background check services more affordable is essential, and using technology can make a huge difference.

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