What is Digital Address Verification?
In recent years, fraud cases have increased to a remarkable ratio. For this, most businesses face trouble as they are always in fear of getting duped. 2020 has had the most number of cyber frauds in India. Nevertheless, most of them are initiating digital address verification to run their business properly.
Implementing digital address verification is a crucial step for all businesses across the globe. It is a way the businesses can confirm the addresses of their vendors, employees and customers. If you are running a successful business with many employees, this article is for you. We will discuss everything you need to know about digital address verification in India.
Digital Address Verification – What is it?
The procedure of digital address verification is conducted online. It is a process of verifying the given address by validating it along with a few other photographs. It is conducted with the method of GPS metadata for verification.
Digital Address Verification – What are the advantages?
No matter how enormous your company is, address verification is necessary. But sometimes, physical address verification might be troublesome as this process requires a person to visit the location and verify physically. It is both time consuming and expensive. Sometimes you might also not have a sufficient workforce for travelling places.
For instance, if your business is spreading out its wings across the globe, address verification might stand as a blocker. So with digital address verification, you can get rid of this trouble and smartly scale your business. Here, we have collated some of the benefits of digital address verification.
- Convenient MethodThe procedure of digital address verification in India is extremely convenient, and the entire process can be conducted online and is hassle-free.
- Time-SavingThe digital verification of addresses will not take much time. Since it is conducted online, you can save the most valuable time.
- No Manpower RequiredHad there been no digital address verification, you would have to assign people who would go for verifying, and then the entire procedure would have been so intimidating and costly. But with digital address verification, you can conduct in-house verification. And you will also not have to appoint any person running here to there for verifying addresses.
- Value for MoneyTime is money. While you can save time with DAV, you will also save your revenues. You are not required to hire people for conducting physical address verification by travelling places.
Digital Address Verification – How Will Your Company Benefit?
Initiating digital address verification will immensely benefit every company. If you are the owner of any company, you will want a hassle-free procedure while running your business. So digital address verification will allow you to identify and remove any dominant risk factors and serve legitimate customers.
In a way, you will have the privilege to perform all your business operations free from fraud. So by validating addresses, you can keep your client data polished and accurate.
Digital Address Verification – Why is it an Integral Part of Background Check?
Before performing a background check, it is essential to perform digital address verification. With this, you can ensure that the candidate you will hire for your company is reliable and truthful.
Addresses work as an important platform for both the documentation and proceedings of pre-employment and post-employment.
CheckMyAddress is a unique platform from AMS Inform which is helping organizations across the globe process their digital address verification. The times we live in have made it immensely difficult to conduct background checks. Companies face new challenges daily, and AMS Inform is tackling them with great potential. Their massive global network and bandwidth help access all the crucial databases worldwide.
You will get the fastest digital address verification right at your doorstep.