Let’s face it, manual verification has not been the most efficient way of onboarding. First, it consumes a lot of time and can cost the company a great deal if the onboarded employee does not clear the verification, falsifies information, and gets away with it, or works for two employers at the same time. Second, not only can it be cumbersome to manually check all background details of each candidate but also these checks may also not be very accurate. This can cost the organization dearly once the onboarding is done.

Perfios’ Digital BGV Solution K:Discover can enable real-time, automated verification of information from authorized sources. Using this solution, organizations can lower the time and costs of BGV while being assured of the veracity of the employee’s claims. K:Discover uses industry-leading data-driven AI/ML-based proprietary services to conduct fraud checks and simplifies the employee verification process end-to-end.

Salient Features of K:Discover

·        ID Verification: Authenticates KYC documents using government sources

·        Liveness Checks: Enables real-time face detection and AI-powered spoof detection to check if the intended candidate is the one who is actually participating in interviews, tests, etc.

·        Address & Contactability Verification: Real-time location checks as well as mobile and email validity checks

·        Employment & Salary Verification: Checking of all previous employments and stints using EPFO records as well as salary checks using ITR records and payslip upload. Apart from this, organizations can check if the employee has previously worked with a sister concern or the same company through DeDupe checks. Moreover, K:Discover can track if an employee is moonlighting by detecting dual and hidden employment in minutes.

·        Education Verification: Automated fetching and verification of educational documents via Digilocker

·        Criminal and Negative checks: This includes fetching information regarding litigation and FIRs against the applicant, checking records on global databases like AML sanctions, and also conducting CIBIL checks for assessing the candidate’s financial health.

Other than these, K:Discover enables verification of the referee, highlighting 40+ configurable red flags, and auto-populating additional details using proprietary APIs. Finally, K:Discover can generate an overall HR score to summarize the findings and help quick decisioning regarding a candidate. For HR managers, this is a smooth DIY journey that follows a link-based flow and can be used anytime, anywhere.

So, how does K:Discover work?

1.     The HR manager initiates the BGV process via HRMS or from the Discover HR dashboard.

2.     The candidate gets the link and begins filling up the necessary information.

3.     On submitting the details, a report is generated by K:Discover for HR access.

How can HR managers benefit from K:Discover?

·        Lower verification time: K:Discover can help HR managers drastically reduce the time taken to verify employee details, enabling quick pre-onboarding verification while cutting down the risk of fraud

·        Cost-effective verification: BGV teams need not manually check information. Instead, they can rely on real-time automated checks which save costs and offer greater accuracy than cumbersome manual checks.

·        Configurable checks: HR teams can configure verification checks to suit their business requirements.

·        Digital process: K:Discover can help companies get rid of paperwork, making the process completely digital and remote.

·        Superior onboarding experience: K:Discover offers a smooth DIY process for both candidates and HR managers, delivering a positive experience right in the pre-employment stage.

·        Tracking and reporting: The solution comes with an easy-to-track verification dashboard and automated real-time report generation, so HR managers can decide who to give a clean chit to and onboard without a doubt.

Simplify and strengthen your background verification process with K:Discover.