Talent Acquisition, RECRUITMENT & RETENTION

HireRight Launches New Background Screening Analytics Solution

HireRight Launches New Background Screening Analytics Solution

HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, today announced the launch of its new background screening analytics solution, HireRight Insights. Through its modern data visualization and reporting tools, HireRight Insights provides users with actionable insights into their company’s screening activity to help them optimize program performance, monitor program health, and diagnose potential warning signs.

HireRight’s 2023 Global Benchmark Report – based on more than 2,000 survey responses from human resource, risk, and talent acquisition professionals earlier this year – found that 27% of global respondents expect applying analytics to recruiting to be a major challenge between 2024-2026, and 28% reported understaffing in their HR/recruitment teams last year. HireRight Insights can help businesses directly address these challenges, driving productivity by replacing manual – and often time-consuming – data analysis with intuitive analytics dashboards and rich data visualizations, providing presentation-ready graphs and charts at the users’ fingertips.

“HireRight Insights is a powerful analytics solution that empowers customers to better understand the effectiveness of their background screening program,” said Jim Daxner, Chief Digital Officer at HireRight. “It offers businesses a simple, cost-effective way to manage their screening program reporting needs, saving time and internal resources by reducing the administrative burden of manually creating reports and enabling users to focus on tracking key metrics against their business goals.”

HireRight Insights can help tell the story of a customer’s background screening program, with analytics dashboards presenting a program overview, turnaround time, adjudication status, and orders in progress. Additionally, customers can use several filters, including region, country, package, and date, to further refine their results.

About HireRight

HireRight is a leading global provider of technology-driven workforce risk management and compliance solutions. We provide comprehensive background screening, verification, identification, monitoring, and drug and health screening services for approximately 38,000 customers across the globe. We offer our services via a unified global software and data platform that tightly integrates into our customers’ human capital management systems enabling highly effective and efficient workflows for workforce hiring, onboarding, and monitoring. In 2022, we screened over 24 million job applicants, employees and contractors for our customers and processed over 107 million screens.

Spotlight

You are not the leader of an administrative function focused on overseeing workforce activities, L&D, and recruiting. You are far more than that. You are a strategic advisor to the business, and your role, whether the C-suite fully understands it or not, is to help your organization transform to reach and even exceed audacious b


Other News
HR Practice

Modern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024

Factorial | February 05, 2024

With the New Year underway, many businesses are reevaluating their HR software solutions to increase efficiency and effectiveness in the evolving HR management landscape. Gartner data highlights that businesses frequently replace HR software due to system inefficiencies, missing features, and reliability concerns. Key reasons for dissatisfaction include inefficiency (34%), insufficient functionality (29%), and unreliability (13%). In response to these challenges, modern HR software solutions are offering five new features designed to enhance efficiency within its software AI-powered Applicant Tracking System : New AI-powered Applicant Tracking System (ATS) to streamline the traditional CV screening process, a major bottleneck in recruitment. This innovative feature allows hiring managers to assess applications based on various criteria such as company values, job descriptions, CVs, offer letters, and custom questions. The result is a significant reduction in screening time, ensuring a comprehensive evaluation process. Geofencing Precision: Geofencing Precision addresses challenges faced by organizations with multiple locations or flexible policies. By incorporating geofencing capabilities into its time-tracking features, HR software solutions help prevent unauthorized overtime, a key contributor to increased labor costs and decreased workforce productivity. This enhancement allows HR leaders to enforce accurate clock-ins at designated workplaces, thereby reducing labor costs and enhancing employee accountability. Insights V2 Data Analytics. Insights V2 provides organizations with comprehensive data for informed decision-making. Users can now filter company data using multiple parameters, simplifying the process of checking and exporting valuable metrics in real-time. This timely and accurate insight is crucial for strategic decision-making. Time-Saving Documentation: Time-Saving Documentation enables users to pre-fill forms with document templates and fillable PDFs. This streamlined process, combined with personalized data, enhances efficiency for employees verifying information, meeting the growing demand for tools that simplify administrative processes. Seamless Payroll Integration: HR software solutions are seamlessly integrating payroll and benefits administration with HR management processes. This aims to enhance organizational efficiency by reducing manual errors, improving accuracy, and fostering collaboration between HR and finance departments. Recognizing this, Factorial, a leading provider of HR software solutions, is introducing innovative features from AI-powered applicant tracking to payroll integration. Jordi Romero, Co-founder and CEO of Factorial, emphasizes, "These new features reflect our dedication to empowering HR teams globally. By harnessing the power of technology, we aim to transform the way organizations approach human resources, fostering efficiency, collaboration, and success." As businesses strive for greater efficiency and effectiveness in the new year, Factorial is committed to providing support and solutions. About Factorial Founded in 2016, Factorial offers people-centric solutions for HR teams, automating processes so they have more time to dedicate to the people within their organization. With over 75,000 users across 65+ countries, Factorial serves clients such as KFC, Booking.com, and Whisbi. Factorial became Europe's newest Unicorn in 2022 following a Series C investment round.

Read More

Spotlight

You are not the leader of an administrative function focused on overseeing workforce activities, L&D, and recruiting. You are far more than that. You are a strategic advisor to the business, and your role, whether the C-suite fully understands it or not, is to help your organization transform to reach and even exceed audacious b

Resources