Legal Services
Professional Legal Services
Full Credential Description
How a global MNC halved its BGV time with Managed A global multinational corporation (MNC) faced significant challenges with its background verification (BGV) processes, which were time-consuming and inefficient, leading to delays in onboarding new employees. The company recognized that these inefficiencies were impacting its overall operational effectiveness and employee satisfaction. To address these issues, EY implemented a tailored Managed solution that streamlined the BGV process. This involved leveraging advanced technology and best practices to automate and optimize the verification workflow. The solution not only reduced the time taken for background checks but also enhanced the accuracy and reliability of the information gathered. As a result of this intervention, the MNC successfully halved its BGV time, which significantly boosted onboarding efficiency. This improvement not only reduced the time to hire but also minimized risks associated with hiring delays, ultimately leading to better vendor performance and a more agile workforce. The tailored solution provided by EY transformed the MNC's approach to employee onboarding, demonstrating the value of integrating managed into their operational framework.
Qualifications & Expertise
Leading international law firm with verified case studies