Key Benefits of Using Truv for Government Agencies
Truv offers several benefits for government agencies looking to improve their verification processes:
- Reduce fraud, waste, & abuse: By providing direct-to-source, high-quality data.
- Significant cost savings: Annual savings can be substantial, with one example showing $10M in savings over The Work Number.
- Budget predictable pricing: Helps agencies manage their verification expenses effectively.
- Faster time to decision: Automation and accurate data lead to quicker eligibility determinations.
- Easier client experience: Streamlined verification process for applicants.
- Broader coverage: Verifies income and employment for 96% of the US workforce, including self-employed individuals, gig workers, and military personnel, addressing gaps in legacy solutions.
- Higher quality data: Information is sourced directly from payroll providers and bank accounts.
- Comprehensive reports: Provides detailed reports, paystubs, W2s, and 1099s.