Truework Partners with Gusto, Giving Small Business Employees Access to Instant Income Checks
SAN FRANCISCO, April 13, 2021 / PRNewswire / – Truework, the consumer-centric revenue verification platform, today announced an exclusive partnership with Enthusiasm, the modern people platform that provides small and medium-sized businesses with payroll, benefits, and human resources, to support income and employment audits for any Gusto Platform employee. This partnership will extend Truework’s network to more than 100,000 small businesses and their employees who use Gusto, making Truework the largest provider of small business verification.
The verification process can be lengthy and insecure. Due to the nature of most requests processed during high impact life events like buying a home or starting a new job, audits can present serious fraud and privacy risks for vulnerable employees. Auditors will call, email, or sometimes even fax a company on short notice and often without the employee’s express consent. HR teams, especially in small businesses, are unprepared for the threat of fraudulent audit attempts.
This partnership with Gusto will make it easier for employees of the Gusto platform to verify sensitive information by giving them better control over the way their employment data is shared. With Truework, job information can be shared directly with third-party auditors, but it is only after employees have given their consent that the data can be sent outside the platform.
“Revenue verification is a great example of a process that has been streamlined and secure for employees of large companies, while small businesses and their employees are left behind,” said Ryan sandler, CEO and co-founder of Truework. “Anyone who has worked for a small business while applying for a mortgage knows how tedious this process can be. a long list of more important things to do to help their customers. ”
“At Gusto, we strongly believe in the notion that companies are data custodians, not data owners, and employees deserve transparency and ownership of their personal data,” said Somrat Niyogi, Head of business development at Gusto. “In partnership with Truework, we’re giving employees the privacy and consent they need to take greater ownership and control of their data while dramatically reducing the time employers spend on the employee verification process.”
For employers using Gusto, Truework saves time by automatically responding to verification requests from lenders, landlords, and other third parties. On average, 25% of employees engage in some life event or transaction every year that requires this type of verification, saving Gusto users tens of hours per year.
To learn more about the Truework and Gusto partnership, visit https://blog.truework.com/2021-04-13-gusto-launches-exclusive-partnership-with-truework/
Truework is an employment and income verification platform that gives consumers control over their personal data. Truework digitizes the verification process for HR departments, banks, and more to make it faster and more secure for individuals to be verified when applying for loans, jobs, and apartment rentals. Founded by Ryan sandler, Ethan Winchell and Victor Kabdebon in 2017, the company is backed by Sequoia Capital, Khosla Ventures, Activant Capital and others. To learn more, visit www.truework.com.
Gusto is a modern online people platform that helps small businesses take care of their teams. In addition to full-service payroll, Gusto offers health insurance, 401 (k) s, expert human resources, employee self-integration, and team management tools. The company serves more than 100,000 businesses nationwide and has offices in Denver, New York State City and San Francisco.