product updates for may - ibridge, onboardx, signdrive, corpveda

Unveiling This Month’s Exciting AuthBridge Product Updates

Unveiling This Month's Exciting AuthBridge Product Updates

Welcome back, innovators! 

Whether you’re a seasoned AuthBridge user or just discovering our suite of powerful solutions, buckle up for another month of exciting advancements. We’re constantly pushing the boundaries of identity verification and risk management technology, and we’re thrilled to share the latest updates designed to empower your business.

In this blog, we’ll delve into the details of our new features, functionality enhancements, and platform integrations – all meticulously crafted to elevate your user experience and streamline your workflows.

iBridge

Being the employee screening and onboarding platform of choice, we aim to continuously update the platform with features to improve the candidate and recruiter experience.


  • Statutory Form Signing Simplified with Instaform 2.0

Capture the candidate details and other information that would be required for the onboarding forms during the background verification journey itself to eliminate redundancy and save time. Simply send the pre-fill the statutory and onboarding forms such as Form F, Form 11, Form 2, Gratuity and other related documents to the candidate for their quick sign or Aadhaar-based signatures.


  • Education Verification via Digilocker:

Candidates no longer need to carry their marksheets and degrees while filling out the BGV forms. Our iBridge platform seamlessly integrates with Digilocker, allowing candidates to effortlessly fetch education documents from over 1000 institutions in a simple 3-step process.

iBridge will pull the required documents based on Basic information like University name; Roll no and passing year. This reduces chances of forgery, wrong document upload and information insufficiencies. Additionally reducing TAT significantly.

OnboardX

OnboardX being the one-stop platform for third-party onboarding and risk management platform enables the business heads and HODs to monitor the onboarding progress and identify potential risks.


  • Single View of Third-party Journey

Get a comprehensive view of third-party onboarding and due diligence journey on a single screen. Onboard X’s new and advanced dashboard offers individual dashlets and modules to view the onboarding status, the number of days a case has been in a particular stage (not logged in, pending, signature required, action needed, completed, etc) along with graphical representation of the TAT and approver information, among others. 

Also read blog: Introducing OnboardX’s New Dashboard 


  • Make Hassle-free changes with the Change Request Module 

The Change Request Module is a powerful update that will help in navigating and facilitating critical alterations in vendor profiles. Whether it’s updating bank account details, modifying GST information, altering services, or conducting additional verifications and approvals, streamline the entire process with efficiency and accuracy.

Detailed logs provide transparency and auditability, offering full visibility into the process from start to finish. This will ensure that updated vendor information is synchronized in real-time , eliminating discrepancies and ensuring data integrity across platforms.

SignDrive

Discover exciting new functionalities in SignDrive designed to simplify the signing process for all parties involved.


  • Faster Integrations & UI Enhancements

We have optimized integrations by reducing the number of APIs, resulting in a lighter tech load and smoother performance. Additionally, the user interface (UI) has been revamped for enhanced visibility and ease of access, ensuring seamless navigation and interaction.


  • ‘No Rejection’ Feature 

Introducing a feature especially tailored for BFSI use cases— enable/disable the option to reject the signing of the document. This feature is particularly helpful for the BFSI industry where it is mandatory to sign certain documents to proceed. Eg., An individual applies for a home loan for 25 lacks. However, after due diligence the approved amount is 25 lacks. Now, the customer has to sign the document for loan disbursement and cannot refuse to sign it because the approved amount is less than the applied amount.

The best news is that the feature is configurable. Thus, allowing you to enable or disable it based on the business use case. Thus, cutting down on the turnaround time and requiring manual intervention only when necessary.


  • Multiple Tags 

Our latest update introduces the ability to assign specific role-based tags to respective signers, providing granular control and organization. Each signer receives respective tags that are specific to their role, ensuring clarity and accuracy throughout the document signing process. These tags are non-editable, mitigating the risk of document tampering and at the same time ensuring security and authenticity.


  • Stamp Papers

In a major convenience upgrade, stamp papers are now readily available for nearly all states and with all denominations. This simplifies procurement and reduces turnaround time, offering a first-mover advantage in terms of TAT. With this initiative, we aim to streamline processes and empower our users with accessibility and efficiency.

TruthScreen

Learn how TruthScreen’s instant verification APIs have been further refined to deliver even more accurate and comprehensive verification results.


  • Reverse RC Advanced

Add an extra layer of validation to confirm the authenticity of the vehicle details. Our reverse RC (Registration Certificate) verification process mandates verifying the engine number, while the chassis number verification is optional. This double-verification method enhances accuracy and security by ensuring that both the parameters are verified for a robust RC verification.


  • OTP-based GST Verification 

To ensure that the person submitting the GST details is the legitimate owner, our system sends a One-Time Password (OTP) to the registered mobile number of the GST provider. This OTP must be entered for the verification process to proceed. Thus, helping with preventing fraudulent submissions and ensuring the integrity of the GST details by validating the user’s identity in real-time.


  • Faster and Efficient OCR based Verification

With additions to our OCRs suite, enjoy a seamless and faster verification experience. Our suite of in-house OCR solutions comprises of:

  • GST Certificate OCR Live: Our system utilizes advanced Optical Character Recognition (OCR) technology to scan and extract data from GST certificates in real-time. This ensures that the information is accurate and quickly processed, reducing manual entry errors and speeding up the verification process. The live OCR capability means that as soon as the GST certificate is uploaded, the data is instantly extracted and verified.

  • Provision Certificate OCR: Extracts and validates information from provisional certificates issued by educational institutions.

  • Graduation and Marksheet OCR: Scans and verifies the details from graduation certificates and marksheets, ensuring the accuracy of educational qualifications.



These updates represent a significant leap forward in the AuthBridge product suite.  We’re committed to continuous innovation, and these features are just the beginning.  By leveraging cutting-edge technology and a focus on user experience, we aim to empower our clients to not only excel today but also thrive in the ever-evolving landscape of authentication and verification.

Stay tuned for even more exciting advancements as we continue to push the boundaries of what’s possible.  Partner with AuthBridge and unlock a future of streamlined workflows, enhanced security, and exceptional user experiences.

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The most noteworthy aspects of our collaboration has been the ability to seamlessly onboard partners from all corners of India, for which our TAT has been reduced from multiple weeks to a few hours now.

- Mr. Satyasiva Sundar Ruutray
Vice President, F&A Commercial,
Greenlam

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