Payentry Enhances Employment Verification Services
In a significant move to improve the payroll and human capital management landscape, Payentry has announced a strategic alliance with Equifax. This partnership focuses on enabling clients to utilize The Work Number, which is recognized as a leading source for consolidated employment verification. With this collaboration, Payentry aims to streamline processes for employees and employers alike, enhancing the verification of employment and income details for important personal milestones such as applying for loans or government benefits.
Streamlined Access to Employment Verification
Through this new offering, employees of Payentry's clients will have the unique ability to authorize Equifax to share their employment and income information quickly and efficiently. This service is designed for credentialed verifiers, which include lenders and government agencies, allowing them immediate access to essential employment data, thereby minimizing the often labor-intensive involvement of human resources.
Value Addition to Payroll Providers
Furthermore, Payentry's software licensees – independent payroll service providers utilizing the Payentry platform – can also access The Work Number for their clients. This expansion allows payroll providers to enhance the value they provide, reducing HR workloads while ensuring employees enjoy a more rapid and secure verification process. Consequently, it strengthens their service offerings, increases customer satisfaction, and builds trust among clients.
Leadership Perspectives
Geoffrey R. Duke, Chief Executive Officer of Payentry, asserted the importance of this collaboration by stating, "Our clients trust us to simplify complex payroll and HR processes. By integrating with The Work Number, we're ensuring that employers face fewer administrative burdens, while employees benefit from a swifter verification cycle. This partnership showcases our dedication to fostering collaborations that optimize service to our clients, licensees, and their employees who depend on our solutions."
The Work Number: A Respected Industry Standard
Recognized widely across the nation, The Work Number from Equifax serves as the benchmark solution for attesting employment status. By partnering with Payentry, employers not only experience increased operational efficiency but also enhance their compliance protocols, all while providing their workforce with exceptional control and ease in managing their verification needs.
Comments from Equifax Leadership
Jeff Wagner, Vice President of Business Development at Equifax Workforce Solutions, stated, "We are excited to collaborate with Payentry to present the advantages of The Work Number to their client base. Our automated solutions streamline employment and income verification processes, saving essential time and minimizing paperwork for both employers and employees, especially during critical life moments."
About Payentry
Payentry is committed to delivering innovative payroll and human capital management solutions, designed to help businesses enhance their operations, maintain compliance, and improve the experiences of their employees. With a dedication to providing cutting-edge technology coupled with personalized service, Payentry enables businesses to manage their workforce confidently. Operating as a DBA of MPAY LLC, a corporation founded in 1994, Payentry stands as a key player in payroll and HCM solutions across the United States, focusing on their software-as-a-service (SaaS) products.
Contact Information
If you're seeking more information regarding Payentry’s innovative payroll solutions, please contact Dena Garvin-Smart at (909) 946-2032.
Frequently Asked Questions
What is the purpose of Payentry's partnership with Equifax?
The partnership aims to enhance the employment verification process, allowing quicker and more secure access to employment and income data for employees and employers.
How does The Work Number benefit users?
The Work Number provides a reliable and fast way for credentialed verifiers to access essential employment data, minimizing HR involvement.
Who can benefit from this service?
Employees, employers, and independent payroll providers can all benefit from enhanced verification services.
What improvements does this partnership bring to employers?
Employers can expect reduced administrative burdens and increased efficiency in verifying employment and income.
How does Payentry empower its clients?
By offering innovative tools and personalized service, Payentry helps businesses manage their workforce with confidence and efficiency.
