I t started with the rush of filling gaps, more applicants, and less time.

It’s tiring; It imposes significant fraudulent risk. It’s the kind of hiring process your HRs encountered.

And here the new wave of scams starts. It includes falsified credentials, manipulated resumes, fabricated paychecks, and whatnot.

This reminds you more strictly of leaving the traditional hiring process. It evokes the importance of considering employee verification.

It’s conducted to ensure the security and integrity of the workforce. But how you do it matters more.

Let us simplify it for you. With us at Lystproof, you can digitize end-to-end employee background checks. 

Outing the Imposter to Reduce Fraud: How to Do It with Lystproof?

Imagine you’re running a fast-growing fintech company with 500+ employees. Your developers are debugging UPI issues, and sales teams are closing merchant accounts. And, the compliance teams walk around managing the latest laws’ adherence.

In short, your entire team comes with different skills, experience, and educational histories. That means one thing for your HR: every joining or every exit means a new verification chaos. Exactly here, Lystproof comes to play.

It’s the secure digital vault for verified data and documents. It’s where fraud prevention in hiring started. 

Let’s look here:

Centralize vault where verification makes a difference

The moment candidates’ data is shared, it is stored in Lystproof’s encrypted system. It includes employment status, offer letter, contact information, and information about the reporting manager. In fact, you can store your ex-employees’ exit information. List down why they leave, when they leave, or if they serve their notice period.

How does it minimize discrepancies?

• Data integrity: Lystproof ensures temper proof foundation. Every employee document is uploaded and directly linked to their unique ID. This prevents duplicate profiles, misfiled documents, or mismatched records. These often lead to onboarding delays or compliance risks.

• Custom permission: You can set up roles and permissions for your HR staff, handling verification. Limiting it can control authorized access to view, edit, update, and pass employee verification. 

• Standardized authentication: Since you set up your verified company profile, authorized signatories, and official letterhead during onboarding, it excludes falsification possibilities. So even if an employee tries to forge company details or his own data, Lystproof flags it instantly.

• One-click shareable data: Your HRs can share or get certified employee data through a secure link anytime. While the authenticity can be done inside the platform, recipients can get full traceability of every step taken. 

Therefore, every employee record – whether added, updated, or closed – is fully secured. On one hand, Lystproof ensures only genuine candidates clear background checks. On the other hand, it confirms the person verifying that the data is legitimate, too. Thus, it closes the loop on both sides of fraud.

The Key Takeaways: What Lystproof’s Advantages Mean to You

• The fake employees’ malicious intent can be controlled. Now, your company can be protected with genuinely hired individuals.

• Your HRs don’t need to rely on checks during onboarding. Even before issuing an offer, they can go for instant checks, accelerating the hiring process.

• With Lystproof, HRs can ensure compliance with stringent rules. Because the platform adheres to encryption, GDPR guidelines, and a two-factor authentication process.

• Most importantly, tampering with sensitive data becomes nearly impossible. Every action – whether someone uploads, edits, or deletes a document – is recorded in a clear timeline. This gives your HR team confidence to control serious consequences.

Final Thoughts

Employee verification is no longer just optional; it has become inevitable. 

Recent reports present incidents involving North Korean operatives. It shows how they secure their job profiles with fake identities. This sophisticated scam happened due to prioritizing traditional background checks.

Look around, there are more such examples. They all point out how the process can be easily fulfilled with manipulated data sources. This is your reminder to differentiate between traditional and digital background checks.

And, most importantly, how, with the Lystproof digital verification tool, you can set a benchmark to prevent fraud.