Forging a strategic partnership with the right data provider has the potential to not only fuel but exponentially propel your organization's growth and success. This is why your choice of data provider is one of, if not the most, critical decisions your Consumer Reporting Agency (CRA) or background screening company will make.
Because this decision plays such a pivotal role in shaping the trajectory of your company’s long-term success, it’s imperative to conduct a thorough evaluation of your potential partners. Key aspects such as scalability and quality should be considered, as well as less obvious topics like security protocols and vendor testing.
In the realm of background screening data services especially, opting for an inexperienced partner and/or a low-cost provider often comes with hidden dangers that could cause major headaches down the road. These providers may lack the infrastructure and industry knowledge necessary to deliver reliable and accurate results. They may also lack the business stability required for sustained consistency and long-term growth. These shortcomings pose significant risks to your business, potentially compromising its reputation and success, as well as the safety of workplaces and the community at large.
Properly evaluating potential providers ensures that you are effectively mitigating risk and contributing to the well-being and success of your business. It’s imperative to assess whether you’re entrusting your business to a well-established company or one still navigating the learning curve… But how?
Stay Tuned for More
This is the start of a weekly blog series that will help you determine how to evaluate your current or potential data provider to ensure they are equipped to support your business’s long-term success. Over the next seven weeks, you’ll hear from a group of InformData’s industry experts as they share their insights on the importance of these seven key areas that should be considered:
- Business Continuity Plan (BCP)
- Rigorous Vendor Testing/Researcher Testing
- Cybersecurity/Data Security
- Customer Service
- Quality
- Scalability
- Friend or Foe
If you’re interested in keeping up with the series, be sure to subscribe to our blog so you can be notified when a new part is published. Our industry experts are looking forward to providing their insights and advice to help you find the best data partner for your organization.
Setting You Up for Success
Armed with decades of background screening experience, we have the industry know-how required to be your go-to source of truth and information. Beyond offering strategic business guidance, we’ve developed the expertise to seamlessly eliminate layers between you and the crucial data you need. This optimizes efficiency and enhances reliability, allowing us to scale alongside your business’s growth seamlessly.
Whether we serve you as your trusted people-data provider or empower you through resources and insights that help guide you to victory, our overarching goal is to contribute to the success of our industry partners. We’re here to assist your CRA in any way we can as you navigate the dynamic landscape of background screening.
As always, feel free to reach out to us to chat about anything background screening or how InformData can contribute to your success. We are always here to help.
