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Welcome to the Q3 edition of Avvanz’s newsletter! We’re excited to share the latest on background screening, compliance solutions, and company updates. Stay informed, stay ahead!

Why Background Checks Are Essential

In today’s fast-paced business environment, the importance of making informed hiring decisions cannot be overstated. A thorough background check helps protect your organization, ensuring you hire trustworthy employees who will contribute to a positive work culture. Here are some key reasons why background checks are critical:

Safeguard Your Company’s Reputation
Your employees represent your brand. Given that 3 to 4 of every resumes pose some form of discrepancies, wrongful hires can lead to reputational, financial and security damages to your organization.
Mitigate Security Risks
With cyber threats and internal security breaches on the rise, verifying an employee’s past can protect your company from insider threats. A robust background check will help identify any red flags, such as criminal activity, that could compromise your business’s security.
Ensure a Safe Work Environment
A key part of building a safe and productive workplace is ensuring that employees do not have a history of violence or harassment. Background checks help create a secure environment for all employees, which in turn boosts morale and productivity.
Verify Qualifications and Skills
Misrepresenting qualifications on resumes is more common than one might think. Background checks allow you to verify an applicant's education, certifications, and past employment to ensure they have the skills required for the role.
Reduce Turnover and Hiring Costs
Hiring the wrong person is costly. Background checks help you hire candidates with a proven track record, leading to higher employee retention and reducing the need for frequent rehiring, which can drain resources.
Compliance with Industry Regulations
Many industries, such as finance and healthcare, have strict regulatory requirements that mandate thorough background checks. Failure to comply with these regulations can result in fines or legal penalties.
Safeguard Your Company’s Reputation
Your employees represent your brand. Hiring someone without proper vetting can lead to reputational damage if they have a history of misconduct. Background checks ensure that you bring in individuals whose values align with your company's.

Investing in comprehensive background screening helps you make smarter, safer hiring decisions while maintaining your company’s integrity and reputation. To learn more about our background checks, click here.

Customer Due Diligence (CDD)

Our CDDGlobal solution helps you to stay compliant with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. Services include:

  • KYC Checks: Verify customer identities.
  • Adverse Media Monitoring: Stay aware of potential risks.
  • PEP Screening: Identify high-risk individuals.
  • Ongoing Due Diligence: Maintain continuous compliance.
To Learn More about CDD, click here.
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Product Updates

At Avvanz, we continuously enhance our services to meet your evolving needs. This quarter, we’re introducing:

  • Improved User Interface in ScreenGlobal 3.0 for a more seamless experience.
  • Faster Turnaround Times on background checks and due diligence reports.
  • Enhanced Security Features across all platforms to ensure data protection and compliance.
  • Self-Screen capabilities, allowing candidates to proactively verify their own credentials before applying for roles.
  • CDD Global (Company Due Diligence), ensuring comprehensive compliance checks and risk assessments for businesses worldwide.
To Learn More about CDD, click here.
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Industry Insights

Stay ahead of HR and compliance trends with our Industry Reports.

Get insights on global regulatory changes to stay competitive and navigate evolving compliance requirements.

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Company Updates

Avvanz is proud to be part of the Monetary Authority of Singapore (MAS) Panel, alongside our existing roles on the MOM (Ministry of Manpower) and ECDA (Early Childhood Development Agency) Panels.

FEATURED:

In this webinar, Avvanz announces the opening of its new office in India, expanding its global presence to better serve the region. For more webinars, click here.

Leadership Breakthrough Summit

Join us in this 3-day retreat on November 20-22, 2024

  • Elevate your skills,
  • Connect with visionaries, and
  • Unlock your leadership potential
Register Here
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Latest Events

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Job Fair
Avvanz during the Job Fair at National Teacher's College. Over 60 companies and HR executives has attended, an excellent opportunity to connect and explore new career possibilities.

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Avvanz Midyear Party
Avvanz recently hosted its Midyear Party, bringing together the team for a day of fun, connection, and celebration. The event featured an exciting program filled with games, performances, and inspiring speeches.

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Art Jam Event
The event was a fantastic display of creativity and teamwork, showcasing the diverse talents within our team. To top it off, special prizes were awarded to the winners, making the event even more memorable!

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Career Fair
Avvanz participating in the Career Fair at National Teacher's College from July 31 to August 1. This exciting event brought together over 600 students providing a fantastic opportunity for networking and career growth.

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Know More about Avvanz: