Background verification is now a standard feature of all business institutions. As the name suggests, the job of such a company is to find out all the details of a persons’ background. The details could be educational authentication, employment verification, reference proof, criminal record authentication, address verification, and drug testing.
The utility of background verification
In India, background verification is performed for a variety of reasons. The concern ordering these verifications usually chooses a separate company, mainly because of the huge workload and intensive nature. The reasons why background checks are done are given below:
- To authenticate educational certificates and work skills mentioned in CV by candidates.
- For verifying the residence address and other credentials of a person taking mobile phone connection.
- Background verification is done by banks for finding the proof of address and earnings of an applicant of loan and credit card applications or new customers.
- Police verification is mandatory for a person applying for a new passport.
- Private detective companies providing confidential background check services for prospective bride and groom.
Some of the well-known companies
Background verification is mostly undertaken by concerns like law enforcement, banks, and Non-banking financial companies (NBFCs). They outsource these jobs to privatized companies with the resources and manpower to do it. Some of the companies who are known for these kinds of jobs are listed as;
- Onicra
This company is known for providing credit rating and performance analysis services for its clients, which may be an individual, Micro, Small, or Medium business enterprise. Their data, analysis, and assessments of an entity are known to be utilized by different companies in the market. It is considered important in the decision–making process of the establishments requiring these services.
- KPMG
With international exposure, this global concern provides many types of verification services for their clients. They also perform background verifications on persons situated abroad. Their overall expertise, discretion, and prompt action have made them an able contender in the field of background verification.
- Auth Bridge
This company was established in 2005 and it claims to have provided its service to more than 140 countries worldwide. According to the concern, a prestigious institution like Cornell University has conducted a case study on how they are improving the HR services in the country.
- iCrederity
This company operates from Bangalore and is known to provide services to all parts of the Indian industry, including Fortune 500 companies. They claim to have developed a specialized method of background verification.
- IDfy
This Mumbai-based company is another name to reckon with in the industry. They provide the following services; background verification of jobseekers, death documentation check, social media checks, and public database checks.
- Verifact
This Bangalore-based establishment provides various types of background checks for their 600+ clients in India and abroad. They also provide tests and services to ease their hiring process.
- First Advantage
This company states to have screened 55 million applications for 35000 companies in 14 countries. Their workforce for this kind of job is huge.
Choosing the apt concern
Background checks became necessary due to the affinity of people to hide certain facts about themselves in fear of negative effects in their career or family life. So, if you are looking for unbiased professionally acquired information, contacting one of the companies would be better.