Leveraging The Work Number Database to Deliver Digital Employment and Income Verifications for More Employers and Their Employees
As a part of the company’s continued effort to expand the benefits of automated verifications to businesses of all sizes, Equifax announced a new integration between The Work Number® and Apex® HCM, a leader in human capital management technology for payroll service bureaus.
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Business owners often must fulfill HR functions such as providing verifiers with employment and income history for current or past employees who are applying for a home mortgage, an auto loan, social service benefits, or other financial services. With the new integration between Apex and The Work Number, business owners can spend less time responding to requests from verifiers and more time growing their businesses.
“Apex delivers great value to its customers by focusing on ease of use and efficiency,” said Joe Muchnick, Senior Vice President and General Manager of Employer Services and Talent Solutions at Equifax Workforce Solutions. “Through this new integration with The Work Number, Apex payroll service bureau customers can now help their clients realize efficiencies in a whole new way, through employment and income verifications.”
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The Work Number database is the industry-leading, centralized commercial repository of income and employment data in the United States, with 136 million active payroll records. Its streamlined, transparent and automated service helps credentialed verifiers with permissible purpose complete the instant verifications that employees count on when applying for financial services or social service benefits.
“We’re thrilled to provide our payroll technology to enable our service bureau customers in offering income and employment verifications to their employer customers,” said Wes Muschara, Vice President of Product Management for Apex HCM. “The Work Number from Equifax is the type of value-added service that aligns with Apex principles of being the easiest to use and driving efficiencies for our service bureaus and their clients. The most important aspect of this partnership is the impact to the employee experience for all employees on our platform. They get the timely income and employment verifications needed to go about their personal financial lives.”
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