Wednesday, March 19, 2014

Looking Ahead: Background Screening Trends

Heading into the second quarter of 2014, conjecture for the remainder of the year ahead in the background screening industry is inevitable. And it’s safe to say that background checks in 2014 will be all about data and technology.

A dominant trend potentially reshaping the role of HR in the corporate world, relates to the rapid growth of the knowledge economy. An article, published in The Economist, quotes, “In this environment, a committed, appropriately skilled and prudently deployed workforce is critical in order to outstrip the competition.” Talent acquisition specialists have the ability to exploit their expertise in people, and place themselves at the core of corporate strategy through the use of big data and cutting edge technology.

Each year, HR professionals request millions of background screens and drug tests to support critical business hiring decisions. In this capacity, more data, better data, and stronger analytics lead to a more legitimate talent acquisition strategic plan. That is why over 3,500 customers globally have chosen Aurico as their background screening and drug testing provider.

Since 1991, Aurico Reports, Inc. has explored new and creative ways to utilize data and technology to benefit HR professionals. One of its most noted achievements is the design of the award winning proprietary WebACE™ application.

Whether standalone or integrated into an ATS/HRIS platform, WebACE™ adapts well to discrete HR processes and aligns aptly with overall business objectives.  Mingling data that requires secure transport, consistency as it moves from order entry through reporting, and rigid conditions to meet numerous compliance regulations is often complex. Integrating systems is challenging and demands inherently flexible and fluid system architecture. The fully automated and secure transmission of order information and applicant data from any ATS/HRIS in the marketplace into WebACE™, and then seamless transfer of results back into the secure portal for viewing and reporting, is nimbly executed by Aurico.

With over 700 points of customization and access to 75+ pieces of analytic data, employers are able to independently construct the right combination of data analytics, processing speed, pricing control, and risk mitigation. Customers use WebACE™ as an electronic filing cabinet, multi-lingual paperless screening solution, batch processor, legally compliant adjudication framework, adverse action manager, and applicant assessment tracking mechanism.

In addition, the robust abilities to capture discrete data points, interact with them through reporting instruments, and share information across teams, drive astute business decisions.  As a metric driven platform, WebACE™ synthesizes information to interpret HR performance, productivity, and talent acquisition trends. This is the business intelligence needed by talent acquisition leadership to make projections, accurately forecast, and mitigate hiring risks.

“CEO’s tell me the role HR plays in their organizations is growing,” said Ben Goldberg, President of Aurico. “They’re seeing the value of thoroughly vetting candidates for integrity and character, and want their talent acquisition teams to use the best and most efficient tools available.”  There’s no better resource for process optimization than Aurico’s WebACE™.

In conclusion, Goldberg said, “It’s all about empowerment.  Give your HR leadership ways to eliminate time intensive activities such as order entry, reduce financial exposure, overlay an abundance of metrics, and deliver a predictable service. Then you’ve created true value.”

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