What is KYC and how does it prevent risks in your company?
April 29, 2022How to create a risk prevention strategy with Background Check?
April 29, 2022In recent years we have been hearing about digital adoption and, whether the pandemic accelerated this process, developments in technology, or all the reasons we can imagine together, the truth is that the digitization of businesses, from the smallest, to transnational companies is essential to make the business work.
What are digital tools?
Digital tools are those that through a digital system are integrated into the processes and operation of the business to optimize resources, facilitate tasks, improve services and experiences, provide security and even give more scope to business.
It is increasingly common to find changes everywhere, driven by digital tools, from including a new payment system in the retail sector, to administrative platforms that better concentrate the efforts of human capital, separating them from tasks that can be automated; digitalization has also opened the gap to be able to anticipate events and thus reduce potential risks.
How to improve the recruitment process with Background Check?
For human resources areas, there are digital tools that help them to improve their processes when filling vacancies within the organization with optimizations such as:
Automation. Talent resources are optimized, since professionals are not required to perform tasks that can be done automatically. While the company benefits from dispensing with human error, to focus its efforts on activities that require their expertise and human quality.
One of the activities that can be automated are all those that have to do with data and background checks. This is where the Background Check comes in, which consists of the review of people’s backgrounds in public databases, with this, Human Capital professionals obtain relevant information about a person’s history in a systematized and automated way.
Risk prevention:
By knowing a candidate’s background, a company can anticipate situations arising from harmful behavior once the talent has joined the company. These risks include those related to theft, fraud or harassment, among others.
Budget and resource savings.
Staff turnover can be caused by many reasons, but one of them is poor personnel selection, which not only jeopardizes the work environment, but also the company’s operations and resources, increasing costs every time a new hire is initiated. The process of selecting and onboarding a person could cost 4 times a month’s salary, so by filtering the right talent, you can save budget; this added to the operational savings from automation.
Learn more about how to optimize your company’s processes and how to increase security to help you reach new standards and grow in different business areas. Fill out the form on this page and an advisor will promptly answer your questions.