#United States #San Francisco #Technology #verification #Truework

Truework Launches the Truework Intelligence Platform

In the evolving landscape of financial technology, Truework emerges as a groundbreaking leader in income and employment verification. The company recently unveiled its Truework Intelligence Platform, aimed at optimizing verification processes for mortgage lenders and property managers. With this advancement, Truework offers a comprehensive and automated verification solution unlike anything seen before in the industry.

What is the Truework Intelligence Platform?

The Truework Intelligence Platform integrates sophisticated data methods, predictive modeling, and a set of unique features designed to streamline and enhance the verification experience. By delivering automatic orchestration and data standardization, the platform aims to replace outdated vendor methods and improve accuracy significantly. As outlined by Ryan Sandler, CEO and Co-Founder of Truework, the platform's design prioritizes efficiency and transparency, ensuring users receive reliable verification without the cumbersome processes typically involved.

Key Features of the Intelligence Platform

Truework's latest offering includes several advanced features to facilitate seamless operational workflows for businesses:

• - Expanded Data Coverage: The platform now includes not only existing data methods such as payroll connections and automated outreach but also bank income and tax transcripts to ensure comprehensive coverage for all U.S. employees. This multi-channel engagement approach allows Truework to determine the most effective method for data collection for each verification request.
• - Predictive Modeling: Clients will benefit from enhanced prediction capabilities regarding report turnaround times and completion probabilities. With these insights, organizations will have better foresight into the verification timeline and can plan optimally.
• - Strategic Integrations: Truework focuses on flexibility, allowing teams to incorporate the platform into their existing processes. Custom configurations and integrations with other systems can be tailored to suit individual organizational needs, making the transition to Truework Intelligence as smooth as possible.

Addressing Industry Challenges

In today's competitive consumer data landscape, many organizations struggle with point solutions and unreliable vendors that often lead to subpar data and ultimately hinder business outcomes. Truework sets itself apart by adopting a holistic approach, emphasizing comprehensive solutions over simply returning the first available data set. As Sandler explains, the company is concerned with providing an accurate representation of each consumer, using technology to maintain trust and precision in data management.

Currently, Truework collaborates with eight out of the top ten lenders in the U.S., proving its capability to significantly reduce operational costs. Organizations utilizing the platform report average completion rates of 75%, coupled with a 50% decrease in associated costs, marking a pivotal shift in how mortgage lenders verify income and employment.

A Call to Action for Lenders and Property Managers

Truework encourages mortgage lenders and property management companies to explore the latest features of the Truework Intelligence Platform. The company believes in helping businesses transition to a more efficient verification process that not only meets the industry's demands but also prepares them for future challenges.

To learn more about how Truework's innovative platform can enhance verification workflows, businesses are urged to visit the official Truework website and inquire about becoming early adopters of this cutting-edge technology. The future of income and employment verification is here, and Truework is leading the way.