Vault Verify offers a comprehensive suite of HR automation solutions designed to streamline employment and income verification processes, enhance data security, and reduce administrative burdens for HR departments. By integrating seamlessly with major Human Capital Management (HCM and payroll platforms through real-time APIs, Vault Verify ensures timely and accurate reporting while maintaining the highest standards of data protection. Key Features and Functionality: - Employment & Income Verification Services: Automates the verification process, providing real-time access to employment and income data for authorized verifiers, thereby eliminating manual handling and reducing response times. - Vault EDGe Gateway: A secure, real-time API integration platform that connects directly with clients' HCM systems, regulating data access and enabling a controlled ecosystem for HR tech vendors requiring sensitive employee data. - Unemployment Claims Management: Offers efficient and secure management of unemployment claims by providing timely and accurate data through the Vault EDGe Gateway, reducing labor burdens and corporate liabilities. - I-9 Compliance: Ensures compliance with employment eligibility verification requirements by automating the I-9 process, reducing errors, and maintaining up-to-date records. - Tax Credit Management: Facilitates the identification and processing of tax credits, such as the Work Opportunity Tax Credit (WOTC, by securely accessing necessary employment data, thereby maximizing financial incentives for employers. Primary Value and Solutions Provided: Vault Verify addresses the challenges HR departments face in managing employment and income verifications by automating these processes, thereby reducing manual labor, minimizing data exposure, and ensuring compliance with evolving regulations. The platform's real-time API integration eliminates the need for outdated file feeds, providing accurate and timely data access while maintaining strict data security protocols. By outsourcing verification tasks to Vault Verify, organizations can reallocate resources to strategic initiatives, enhance operational efficiency, and achieve significant cost savings.