Your employees are counting on your support as they make important decisions in their life. Buying a new home, getting a new vehicle or taking out a loan are just some examples where you are called upon to provide proof of employment & income on an employee’s behalf to a bank or financial institution.
cfactor’s on-demand Employment Letters remove the administrative burden from your HR and payroll staff while delivering a better, more timely experience for your employees.
cfactor's Income / Employment Confirmation service is:
- Convenient; Employees securely serve up their own employment
letters - any time, any place. Employers love it. When they get a verification call from the bank, with just a few clicks they can pull up the same information.
- Personalized; Employment letters branded to your company, your data and your languages/currencies – in essence an extension of your payroll department.
- Cost effective; Not only do you get a secure, cost effective solution, you also get peace of mind knowing that the process is providing accurate information in an efficient manner.
Manual income / employment confirmation processes are labor intensive. It can take weeks to assemble the necessary information and get it in the hands of your employees. With cfactor, your employees generate their own letters on-demand - any time, any place.
Unlike other services, cfactor is personalized to your company - reflecting your brand, unique compensation structures, roles, locations, currencies, and languages.
Our customers have been able to virtually eliminate the turnaround time on employment letter requests. On an annual basis, our customers routinely average more than 1 letter for every 2 employees. Using cfactor, they have been able to replace a labour intensive, non-strategic process with a cost-effective self-service solution.
cfactor’s easy to use, secure web-based Income / Employment Confirmation service efficiently interfaces to existing portals, authentication systems and HR/Payroll applications. Remove errors, limit liability, and ensure sensitive information is only available to authorized individuals.