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AuthLead for background check and verification
Highlights
AuthBridge, India’s leading provider of background screening and risk management services has introduced AuthLead, the industry’s first background check and verification product targeted at CXO and senior level hires.
New Delhi: AuthBridge, India’s leading provider of background screening and risk management services has introduced AuthLead, the industry’s first background check and verification product targeted at CXO and senior level hires. The development is well-timed as the company has recently celebrated 10th year anniversary of its founding. AuthLead features a specially designed senior executive screening and advanced background check solution that goes beyond the regular processes and ensures that the senior executive hiring is clean and compliant to various global and other regulatory standards.
Ajay Trehan, CEO-Founder of AuthBridge said, “AuthBridge’s 10th anniversary is a tremendous milestone for the company. Over the past ten years, we’ve introduced global standards and incredible innovations in background verification, including AuthLead. AuthLead meets a critical industry need for ensuring above-the-board hiring of senior executives, at a time when more Indian companies are going global and are subjected to high levels of international regulatory scrutiny.”
“This is an industry-defining product designed from the ground up for leadership hiring, which combines all our experience in background screening with true innovation in screening processes. We expect AuthLead to become the global standard for leadership background screening soon”, he added.
Research by AuthBridge suggests that the hiring cost for a senior level candidate can go up to 10% of the total CTC, while the cost for background verification totals up to a meagre 0.25% of the CTC. On the other hand, the cost of a bad senior level hire can run into millions of dollars with potentially severe damage to company’s reputation.
With MNCs and startups on a extensive leadership hiring spree, there is a greater chance of error while selecting the right candidate. Candidates hired at CXO levels or the people heading businesses or are positioned in other critical roles need to be shortlisted with even greater caution. Corporate frauds and crimes are not unheard of. Any untoward incident may have a greater impact on the organization and leads to tainting the credibility of the service provider, which translates into rampant loss of revenue, in addition to the hassles of the legal proceedings.
“We are empowering corporate boards and HR leaders with a breakthrough product that significantly derisks a hiring decision as vital for the company’s survival as it is when they are hiring a CEO, CFO or other senior executives,” Ajay added.
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