What is Verify?

Salarify Verify is a simple and intuitive platform that gives employees control over providing verification of income and employment. They can share verifications online with financial institutions anytime, anywhere, within seconds.

It’s free for employers and employees as well.

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The Problem

Currently, employees request income verifications from HR and Payroll departments, often interrupting their work and putting additional, time-sensitive burdens on them such as confirmation calls.Meanwhile, for employees – who are under lots of stress due to the loan or other financial product they are about to take on – the entire process requires 7-30 days.

Employee

Requests

HR department

Issues

Employee

Receives, forwards

Provider & HR Dept

Receives, reconcile data

Employee

Signs contract

The Solution

Verify enables employees to share their income verification documents with trusted financial providers instantly.

Employee

Requests service

Employee

Grants access

Salarify

Forwards verified data

Financial Institution

 Receives the data package

Employee

Signs contract

Why Verify?

Quickest income and employment verification

Processes to obtain verification of employment just became faster for employees, leading to higher satisfaction and fewer work hours lost.

Supports HR and Payroll

It's not necessary to issue a verification of employment for requesters using Salarify Verify anymore, nor to reconcile data over the phone. HR and Payroll capacities are freed up.

Stress-free Solution

Making a financial decision can be stressful as it is. Lots of employees feel extra pressure when they have to include their employer as well. Verify takes away this tension from the process.

Cooperation with the local regulators

We work in cooperation with local regulators, to deliver income verifications to all Hungarian financial institutions securely.

How can I implement Verify as an employer?

1. Tech implementation:

We set up a secure line for our systems to communicate.

2. Parameterization:

After a quick survey/meeting with HR/Payroll we make sure that our system gets consistent data flow from the employer’s payroll software.

3. Informing Employees:

Spread the word in your company! We will provide all the needed materials to support your communication.

4. Automated system:

Forget about the proof of income documents for good and focus on the job that really matters. Verify takes care of all the boring stuff.

How can I implement Verify as an employer?

1. Tech implementation:

We set up a secure line for our systems to communicate.

2. Parametrization:

After a quick survey/meeting we make sure that our system gets consistent data flow from your payroll software.

3. Informing Employees:

Spread the word in your company! We will provide all the needed materials to support your communication.

4. Automated system:

Forget about the proof of income documents for good and focus on the job that really matters. Verify takes care of all the boring stuff

Security

1. We work directly with the industry leaders in the payroll providers space to ensure the highest level of data security

2. We comply with all the local legal regulation, GDPR included, when it comes to data privacy and security

3. We only access the data that is strictly necessary to complete the income and employment verification, while providing logs both to the employer and employees of which data was accessed and when

4. We have a data abstraction infrastructure to create fully encrypted data packages and send them through secure channels, to prevent from undisclosure of personal data

5. We store all sensitive data using the combination of AES-256-GCM and Bcrypt encryption.

Ready to get started?

It’s free and it always will be. Don’t waste more time on issuing income certificates manually.

Employer early access

Still have questions?

Our colleagues are happy to assist you and talk about how Verify can improve your business.

Talk to us!

Want verified income data?

Get consumer-permissioned, trustworthy income and payroll data in seconds.

Institutional early access

Frequently Asked Questions

It’s really easy! Employees log into the Verify mobile app or web application, select the institution they want to share their income verification with and click “Send”. That’s it, the selected financial institution can already access the document.

We generate revenue from the institutional site, that’s why verify is and will be free of charge for all the companies and employees.

No, after the implementation Verify operates fully automated, it doesn’t require any manual work from the HR or Payroll department.

By default Verify uses a standardized income verification format accepted by most financial institutions. Having the parameterization set up with your Payroll department, Verify can also deal with whatever custom templates institutions require.

The other option for you to get the needed income verification documents is to request it through your employer’s HR office manually.