TotalVerify from Equifax vs. Vault Verify

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
TotalVerify from Equifax
Score 6.5 out of 10
N/A
Equifax provides employment, income, and education information to lenders, credit issuers, government agencies, and others so they can make faster and more informed decisions.N/A
Vault Verify
Score 9.1 out of 10
N/A
Vault Verify creates value for HR by establishing a real-time API integration with all major HCM platforms. The Vault EDGe Gateway eliminates mass offsite data storage and provides up-to-the-second accurate information. Vault Verify also offers an automated employment and income verification platform for employers of all sizes. It is used by clients to eliminate labor costs, and reduce data exposure risk. Vault Verifiy is used to: Improve data…N/A
Pricing
TotalVerify from EquifaxVault Verify
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
TotalVerify from EquifaxVault Verify
Free Trial
NoNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
TotalVerify from EquifaxVault Verify
User Ratings
TotalVerify from EquifaxVault Verify
Likelihood to Recommend
7.0
(0 ratings)
9.1
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
TotalVerify from EquifaxVault Verify
Likelihood to Recommend
Equifax Verification is best suited to our needs in our rental application process, whereby applicants 18 years of age and older are required to submit to a credit and background check in order to assess their application. This is in conjunction with following all applicable local, state and federal fair housing regulations, which Equifax does a great job in following, as well
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I think it is well suited for the request types we get and our experience with VV has been seamless.
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Pros
  • Verifying criminal history
  • verifying identification documents
  • checking a person's details in the tenancy database
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  • Took a large amount of manual work off of our plates
  • Quick turn around for requests
  • Accurate information provided - took the human error part out
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Cons
  • they can reduce their pricing
  • they can improve their customer support
  • they can make changes to their user interface
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  • We get various requests for employment verification letters from current employees. It would be nice to have a feature within vault verify that could house various letter templates and allow us to direct all our employees there. Rather than creating a letter inhouse.
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Likelihood to Renew
No answers on this topic
Vault Verify has been the best company to work with. The implementation was so easy, quick, and smooth, the customer service is beyond that of other HRIS systems, and the level of trust with I have for Vault Verify to handle our verifications of employment are beyond what my expectations were. All of this and we get money back for every verification that is comppleted was almost too good to be true, but it is true! I recommend this company to everyone who asks! I work with a lot of vendors and they are by far the best
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Alternatives Considered
Suppose you are a property manager and would like to verify your tenants' details. In that case, Equifax is one of the most popular and commonly used id verification or background check software that is suggested to use. Cost wise every check is about $13 but it is worth paying the money and getting the tenants verified rather than having the wrong tenants on the property. Other software do not provide any reliable data
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Our company previously used Equifax. We had issues with customer service and overall performance. Vault Verify was a game-changer for us.
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Return on Investment
  • were able to trust out tenants
  • sometimes even if we have to engage with a contractor Equifax helps us to trust them
  • We also do Equifax verification with people before signing up any business collaborations
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  • It has saved us multiple hours of work per week.
  • It gives our employees immediate access to the VOEs they need.
  • It has paid us instead of having us pay them.
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