Why cibil score or credit report?

CIBIL - India's oldest credit information bureau, that maintains the credit information of over 500 million users and businesses in India. credit scores and report depict transparent picture of the credit history and financial reputation of individuals and businesses. This data can be valuable information for any employer, institution firms.

Importance of cibil score or credit report: -

Credit Score Verification can significantly reduce the potential risk of fraud in financial services sector. It is crucial to safeguard an organization’s assets and reputation which is more prone to happen in case of financial distress condition

Credit Score Verification also defines the degree of honesty nature and of a person and company i.e. credit hunger, willingness to pay debt, default rate etc. thus it helps management to make adequate decision.

CIBIL CREDIT RANK for companies

provides you the creditworthiness of a company which represents a clear picture into the business viability and stability of the company in question.

Past credit payment behaviour of a company is true indicator of its future behaviour which helps an entity to decide better to at what degree business should be made with other company

Most important cibil credit rank provides a report to make a better decision i.e. extended credit to your customer and worries about payment collection

learn more about it mail us at info@papertrail-services.com

Company check/ vendor due diligence & its importance

Want to Learn and evaluate better about a potential business customer?

Willing to extend credit to your customers?

worried about collection risks?

Want a due diligence of a business as a potential investor or acquirer?

All these benefit u can avail by doing company check/vendor due diligence.

The main motto of this check is mitigation of your risk by covering a wide range of checks for due diligence

Company registry verification – reviewing regulatory records, address, directors’ details, key employee

reviewing of financial record and statement

Physical address verification reputation and reference check

Credit and criminal checks on company, promoters and directors

Want to learn more about it mail us at info@papertrail-services.com

Employee Background Verification & its worthiness: -

Employee background screening ensures a better work place and peace of mind following are some main advantages of employee background screening: -

Employee background screening ensures a good employee are hired which is boon to management and eventually results in great business

Total peace of mind for management

Protects a reputation of a firm because only one bad employee may destroy whole

reputation of a company there are many examples not necessary to name

Reduces the risk of fraud and saves time cost by protecting us to hire bad employee

Reduces the employee turnover ratio and provides a better platform to companies to focus on their core activities

More info about it mail us at info@papertrail-services.com

Blue collar and grey collar staff Background Verification & its importance

Are u an entity involved in providing various services like hosue keeping staff services, driver, nanny to businesses and consumers, plumbers, electricians, masons, carpenters or similar workers to businesses and consumers

If its yes. it’s become very important to conduct Background Verification of your associated staff in order to ensure at your end that customers that you care about fully verified staff which you are placing at their workplaces and homes.

It safeguards entity from unforeseen risks and protects the brand name

For any query about it mail us at info@papertrail-services.com

Kyc verification importance: -

It consists of verification of various id checks I.e. Aadhar verification, pan verification, elector voter id card, driving license check etc. it ensures that you know your employee and customer well and u have a record to reach them any time in and out of employment period

For individuals

Domestic help verification & its significance: -

Day by day steep increase crime rate domestic help verification is gaining popularity and becoming necessity to safeguard from potential risk of crime It reduces the risk of bad hiring such as workers like servant, maid, nanny, gardener, and guard which may have adverse effect on your family if hired bad

Tenant verification & its need: -

Gone are the days where mere being from the same native place and handshake was enough to seal the deal to give your vacant property to tenant. lot have change since those

days steep climb in crime rate and past bad tenants’ examples raised the concerned of allotting property to right tenant

Unfortunately, as a landlord, the only protection that you have against a bad tenant is the due diligence that you conduct that helps to identify the risk.

We are sure experts providing the due diligence of tenant

Want to learn more about it mail us at info@papertrail-services.com