SYDNEY: Xref Limited and CVCheck Ltd announced the details of a strategic alliance. As a result of the agreement, Xref’s reference checks will be made available to all CVCheck users, while users of the Xref platform will be able to add multiple products from CVCheck to their verification process.
Xref is a high growth business in the human resources technology sector which provides automated reference checking software. The cloud-based, automated nature of its platform makes it a unique candidate referencing solution that not only saves client’s time and money during the recruitment process but also enables them to make smarter, more informed hiring decisions.
CVCheck is an expanding business with growing revenue streams through the provision of its check products to employers, industry associations and individuals. The Company has been operating for more than 10 years and in the process has developed a world-class online platform providing a comprehensive range of checks across the globe.
Given the nature of these businesses a strategic alliance between the two entities creates a formidable offering that will benefit each other’s customers.
All mutual customers will be given the freedom to choose which platform they lead with when conducting candidate verification. The alliance comes as a result of demand from clients for a best-of-breed solution to all candidate verification requirements, across the ANZ region.
Both businesses are dominant in the market and this alliance creates a powerful multi-platform reach that builds on the strengths of each company and offers both even greater spread across a region they are already performing exceptionally well in.
A joint go-to-market strategy has been agreed, which will inform how the sales and customer success teams of both companies take the new offering to potential and existing clients.
The system integration process has already commenced. While the alliance is focused on addressing a need in the ANZ region, global Xref clients will also benefit from the addition of CVCheck, since the platform is able to procure checks from around the world.
Xref also intends to open up current integrations to offer CVCheck services to clients using Xref via an ATS or other HR tech solution, in the future.
Rod Sherwood, CVCheck CEO said: “Xref and CVCheck are leading people risk management providers across ANZ, building trust in business through the provision of verified information and checks for both employees and contractors. Our two companies have been winning clients in our market place through one common feature: delivering very high-quality customer service that is enabled by technology. There has been long held demand amongst the Xref client base for products offered by CVCheck and more recently demand has been identified amongst CVCheck clients for product now available in Xref. Our work has already begun on bringing mutual benefit to both client bases.”
Fletcher Building Australia, Shandell Riley, Talent Acquisition Manager said, “We currently use CV Check and Xref in various parts of our business and the decision to move to a single platform solution will certainly be beneficial to us. More options and easier access!”
Brennan IT, Adam Crofts, Head of Talent Acquisition and Engagement said, “As a leading Managed Service Provider, we need to ensure we have done all checks and measures before hiring any candidate and currently, Brennan IT uses both Xref and CVCheck to do so. In a talent short and very competitive employment market we need to act with urgency to make offers to the best talent in the market. Both Xref and CVCheck have time saving and, what I would regard as, best in class solutions to help talent acquisition make confident hiring decisions. The alliance between Xref and CVCheck signals the start of something extremely exciting and valuable to both Brennan IT and the industry as a whole.”
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