Credit Screen
Get greater peace of mind about employees with our Adverse Financial Checks
A trustworthy and reliable team is at the core of any successful business, particularly if they will have access to sensitive financial business information. So, when you’re conducting your pre-employment screening (PES) programme, it’s crucial that you’re looking into any history of financial mismanagement before you welcome any new hire to the team—particularly if you’re an entity regulated by the FCA.
But it’s no secret that conducting these checks can be lengthy, tedious, and involve a lot of back and forth. This is where our automated credit screening tool can help.
Using market-leading databases, we can conduct a financial background check on any potential hire in seconds, to help you make well-informed hiring decisions.
“The cost of replacing a salaried employee can be up to 6-9 months’ salary on average”
The functions of our credit screen tool
Our credit screen tool can slash your PES time significantly, returning accurate and up-to-date results to you in a few seconds. You can find out about any:
- CCJs
- Bankruptcies
- IVAs and Scottish equivalents
- Details of judgements and registrations e.g., amounts, locations, and dates with confirmation of address
As well as being pivotal at the onboarding process, these tests can also be re-run throughout an employee’s duration with your company, for the ultimate peace of mind.
The benefits of our credit screen tool
Our credit screen tool can help:
- Verify employee identity and manage risk: Quick detection of unsuitable candidates means you can better manage and reduce risk within your business.
- Increase due diligence: By thoroughly assessing your employees with regards to any adverse financial checks, you are protecting both your business and your clients, increasing due diligence.
- Protect your business longer-term: With the option to re-run financial background checks on any of your employees, you can rest assured your business and clients are in safe hands.
Safeguard your business and manage PES with API integration
Your PES programme needs to be robust and strengthen your defences against financial crime. With our credit screen technology, you can rest assured any new hire will be thoroughly assessed with regards to any history of financial mismanagement and overall suitability to your firm.
You can reap the benefits of our credit screen tool with minimum disruption to your service, with our flexible API. Our expert consultants will work with you to find the best solution and to seamlessly integrate our PES technology with your existing systems.
