Truework streamlines income and employment verification. It provides employees control over their sensitive information, ensuring efficient sharing during critical life events like home buying or job changes. While its learning curve and need for onboarding assistance may deter some, integrated reporting and top security compliance help businesses boost efficiency.
TrueWork Specifications
Employee Information Management
Recruitment and Applicant Tracking
Performance Management
Attendance and Time Tracking
What Is Truework?
Truework is a cloud-based platform that specializes in employment, income, and identity verification. It is designed to give employees control over how their sensitive information is shared online. This platform aims to change the way personal information is shared during important high-impact life events like buying a home, leasing an apartment, and getting a new job.
What Is Truework Best For?
One of Truework’s standout features is its intelligent orchestration. The software connects to multiple major verification data sources and has added intelligence to route each request to the most efficient method. This helps maximize verification speed and coverage. By determining the best source to verify an applicant's information for a particular workflow based on factors like expected response time and success rate, Truework is able to automatically verify more applicants faster while achieving higher verification rates.
How Much Does Truework Cost?
Truework pricing starts at $54.95 per verification, with the software providing multiple pricing plans for all business needs.
Pay As You Go Plan
This plan allows users to pay per verification without any commitments or contracts:
- Employment report: $59.95
- Income & Employment report: $64.95
- Reverification: $19.95
Business Plan
The Business plan is billed monthly and offers advanced features and additional support:
- Employment report: $54.95
- Income & Employment report: $59.95
- Reverification: $19.95
Enterprise Plan
The Enterprise plan offers custom pricing with up to 30% off per verification. The base prices for this plan are:
- Employment report: $59.95
- Income & Employment report: $64.95
- Reverification: $19.95
However, actual costs may be lower due to the discount.
Disclaimer: The pricing is subject to change.
Truework Integrations
The software integrates with other applications, but specific details are not publicly disclosed.
How Does Truework Work?
To start using Truework's income and employment verification platform after logging in, follow these steps:
- Click on the 'Start a verification' button to initiate a new verification
- Select the type of verification request - Employment, Income, or Reverification
- Enter the applicant's details like name, SSN, etc. that are required for the verification
- Choose the verification workflow and method best suited to your needs
- Click 'Submit' to send the verification request to Truework engines
- The status of the verification can be tracked on the dashboard in real-time
- Once completed, the verification report can be downloaded from the dashboard for record
- Additional verifications, reports, or settings can be easily accessed from the left sidebar menu
Who Is Truework For?
Truework software caters to organizations of all sizes across different industries, including:
- Human resources
- Information technology
- Finance
- Manufacturing
- Food and beverages
Is Truework Right For You?
Are you struggling to manually manage high volumes of income and employment verifications across multiple channels? Truework can be the right choice. This verification software ensures maximum speed, coverage, and success rates. Businesses of all sizes, including Caliber Home Loans, Intercap Lending, Octane, and Gersham Mortgage, have relied on the software to simplify and automate their verification workflows.
Truework adheres to the highest data security standards, such as HTTPS, SSL, and SOC 2 Type II compliance. Additional features like configurable integrations, reporting, and dedicated support make it a major verification method. For its scalability, it has received recognition from Deloitte's Technology Fast 500 list.
Are you still unsure whether Truework is the ideal platform for your requirements? Contact us at (661) 384-7070, and we will help you make the best decision.
TrueWork Features
Truework connects to primary verification data sources through its intelligent orchestration engine. This allows it to automatically verify applicants using the best available method, such as payroll data, employment records, or public records, depending on the type of verification.
It gives organizations powerful analytics into their verification processes. Admins can track key metrics like completion rates, turnaround times, and usage patterns for teams or individuals. The dashboard distinguishes performance by verification type and method, which helps identify areas needing optimization.
The software provides advanced income analytics that gives lenders deeper insights into an applicant's financial profile. This feature extracts data from income verification reports to analyze patterns in monthly or annual amounts. With such detailed metrics, lenders can make more informed credit decisions by better gauging each applicant's ability to repay loans.
It automates income, employment, and identity checks crucial for underwriting loan applications. By integrating seamlessly with popular loan origination systems, Truework pulls applicant data directly and routes verifications digitally. This eliminates slow manual verifications that clog pipelines. Lenders benefit from faster turnarounds, which improves borrower experience.
Truework is highly effective for property managers conducting tenant screening and approvals. Its integration with significant payroll providers allows directly accessing income records to verify applicant claims without relying on documents that can be forged. This mitigates the risk of renting to fraudulent tenants.