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Background Verification: Why Companies Need Greater Vigilance?

Even as unemployment reached an eleven-year high figure that runs into millions, the economic downturn is leading to a financial crisis. Companies resort to budget cuts on many aspects including background verification, security, and labor to save on expenditure. These short cuts, however, do not lead to success as wrong hires

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Leadership Due Diligence is a Long-Term Investment

3 Essential Steps for Leadership Screening

What does it take to find a people a boss with exceptional leadership traits? It definitely takes a lot, much more than conducting a mere interview. An ideal leader should be a person who understands the importance of building great sincere teams ; having great organisational skills; possessing strong communications

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Things to Evaluate Before On-Boarding a Background Verification Partner

Background verification is a crucial process for any organisation regardless of the industry they belong to. You should not blindly trust whatever information an applicant has provided in their resume. If it turns out he/she had provided incorrect information at that time, it could create unnecessary problems for the business.

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Distributor Due Diligence – How to Get This Right?

India’s retail industry has grown considerably over the last decade. In fact, AT Kearney, a global management consulting firm in the U.S. has ranked the country as the 4th most attractive – among thirty other top markets – when it comes to retail investments. This welcome growth also comes with

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Form 16 Verification

Form 16: Definition, Importance, & Verification Process

Form 16 Background Verification is an important step for any business in the hiring process for a new employee. It can help companies verify that the information the candidate has provided regarding his or her previous compensation is true since it clearly contains every salary transaction, including tax deductions. Therefore,

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Background Verification Trends & Insights 2017

1 in every 6 candidates were found to lie on their resume in 2017, according to AuthBridge’s Benchmark study. Background Verification data analysis reported Resume Frauds to rise by 48% compared to 2016. Thanks to the readily available job information across job portals and accepted increased attrition and frequent switching

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How to mitigate risks with Vendor Due Diligence?

Businesses today operate in a collaborative mode and third-party vendors are a necessary part of this collaboration. Conducting vendor due diligence is critical to strengthen trust and mitigate risks. Vendor due diligence helps businesses join hands with reliable and competent agencies while ensuring compliance with legal or regulatory mandates.   Vendors –

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An increasing number of companies are going for Quick Diligence

An overview of due diligence Due diligence involves conducting thorough research or audit of an investment, firm or product. It basically involves the various steps involved in analyzing the details before entering into an agreement or before a financial transaction with other parties. Due diligence also comprises of the investigation that

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Employee Screening Key to Prevent Sexual Harassment

The #MeToo movement has hit the headlines in recent times. Though many high-profile cases came out from the media and news industry, sexual harassment has a long history and is a serious concern worldwide. According to the US Equal Employment Opportunity Commission (EEOC), 75% of workplace sexual harassment incidents are not

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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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