In fact, what used to be a long, tiresome process can now be completed almost instantaneously, thanks in part to artificial intelligence and complex algorithms. These website algorithms can take extensive datasets and transform them into unique and identifiable trends.
In addition, the predictive nature found with AI and algorithms allows users to input basic information about an individual and cross-references the results with highly probable references.
Before technology, this process involved completing applications as an individual or as an employer, mailing them off to the credit bureaus, and waiting for the file to be returned.
With the implementation of technology, companies can better vet potential hires, confirm their financial accounts, and review files in what is practically real-time.
Prior to technology, any volunteer or employee wanting to work with the vulnerable population was required to go to the police station and complete the necessary documentation.
As a result, those found to have criminal records would potentially be left at the company for months , leaving a breach of security.
Constant monitoring of staff lowers risks to clients, staff, and company liability, creating a safer working environment for all.
There’s nothing worse than an employer sifting through countless applications, only to discover that one of their candidates has lied about their qualifications.
With nearly 4.33 billion active social media accounts, now more than ever, employers are screening applicants for any potential conflicts of values, morals, or controversial beliefs.
It has also changed the way employers access information, eliminating the time between interviewing and hiring, providing increased security to employers and staff, and reducing the risk profile of their team.