VOIE Applicant Experience

Accelerate approvals, streamline your underwriting process, and transform the borrower experience with automated VOIE.

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Transcript

Hello, today I'd like to walk you through a demo of MeasureOne, the leading consumer permission data platform. Today, I'll walk you through the applicant experience when completing a VOIE or verification of income and employment request, which can be done via credentialed sign in to their payroll or employer account or document upload. 

 

So let’s get started! The applicant is first taken to this screen. They receive an email with a link to complete the request, and when they click on that request, this is the screen they are taken to. This explains MeasureOne's role in the data process and reiterates that we do not sell personal information, and we only share the data to which the applicant consents. 

 

They will click continue which takes them to the screen that shows the option to connect to their Payroll/Employer account or to upload a document. Because we’re showing the credentialed sign in today, I’ll click on the payroll/employer sign in option. This next screen shows the applicant’s search for their employer.  I’ll note that we have mapped 100% of the US employment market, and we have over 8,100 payroll systems spanning Fortune 500s, gig economy employers, and traditional Cloud payroll providers such as ADP, which means MeasureOne has nearly the entire market covered. 

 

In the event that the applicant cannot find their employer or payroll provider at all, and I'll just input a fake one to show what happens when you can't find it in the search, they can click here on "can't find employer/payroll account." 

 

This will also prompt them to upload two recent pay stubs or a W2 as a backup solution.

 

Now I'm going to go back and search for my employer. MeasureOne. 

 

As you can see, it has been mapped to TriNet because that is our payroll system. I'm going to input my credentials and click connect, and it's as simple as that. Now my TriNet account has been successfully connected. 

 

Once the user gets to this point and has completed the request or uploaded their documents, you as the business user will be able to access the VOIE details. So I'm going to click here on "VOIE", and you will receive a report with all the relevant income and employment information for that user, which you can also download.

 

That completes the applicant experience experience for submitting a VOIE data request. Thank you for your time and for following along. For additional demos with MeasureOne, please visit measureone.com/videos.

What is Consumer-Permissioned Data? 

Consumer-permissioned data puts the consumer at the center of each and every data transaction. Businesses obtain explicit permission from the consumer to access and use their personal data directly from their primary data source, typically consumer credentialed accounts.

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Let us show you the value of consumer-permissioned data for your business

MeasureOne is a pioneer in data and analytics, transforming the way consumers can access and share their data with lenders. As the first consumer-permissioned data platform-as-a-service on the market, MeasureOne has the ability to share actionable data in real time and we are looking forward to offering this service to our lenders.

Elena Ioneko COO and Co-founder, Turnkey Lender
Credit and Lending Learn More

MeasureOne has changed the game for degree verifications. Their consumer-permissioned data platform provides our clients’ applicants a user friendly experience; expediting the verification, and delivering accurate results.

 

Marc Linchuck COO, Global Investigative Services
Background Screening Learn More

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