In today’s fast-paced world, businesses are constantly seeking innovative solutions to streamline their operations and improve efficiency. One area where companies often face challenges is in the verification of employment and income for their employees. However, Equifax Workforce Solutions has developed an integration with COATS Staffing Software that automates the way staffing departments handle verification requests, which is typically manual today. This integration with Equifax’s Work Number is automating the verification process, COATS payroll offering reduces HR workload and helps in securing life’s important moments for employees.
How the Integration Works:
The Work Number® provides automated income and employment information to credentialed verifiers with permissible purpose per the Fair Credit Reporting Act (FCRA) when employees are trying to access loans, credit and government benefits. Trusted by over 2,700,000 employers to respond to the verification requests initiated by their employees.
Benefits for HR Departments:
The integration offers numerous benefits for staffing agencies:
- Time and Resource Savings: With the automation of verification requests, HR professionals can reclaim valuable time that was previously spent manually processing each inquiry.
- Enhanced Accuracy: By eliminating the manual verification process, the integration reduces the risk of errors or providing information without a permissible purpose per the FCRA.
- More Private and Secure: Equifax’s Work Number integration helps ensure the confidentiality and security of employee data, adhering to industry standards and data protection regulations. This helps instill trust among employees and stakeholders, knowing that their sensitive information is handled with care.
- Improved Employee Experience: Through the integration, employees benefit from a more streamlined verification process as their information can be accessed quicker and more efficiently. This can lead to enhanced employee satisfaction and improved opportunities for loans and benefits
The Equifax integration with COATS Staffing Software represents a significant leap forward in automating the verification process for our staffing agencies. By eliminating manual efforts, this integration frees up placement specialists to focus on strategic initiatives while helping ensure more accurate and timely verification of employment and income information.
As organizations continue to embrace digital transformation and seek ways to optimize their operations, The Work Number is a valuable service enhancing efficiency, improving data security over a manual process, and ultimately helping employees with their life events that matter most to them. Contact COATS for more information or call us at 1-800-888-5894.