Accurate Background Strengths, Domain Expertise, and Key Differentiators
Accurate's commitment to staying at the forefront of technology is evident in its seamless integration of Cloud solutions. Leveraging the power of Cloud computing, Accurate ensures that its clients benefit from scalable, secure, and easily accessible data storage. This Cloud-centric approach not only enhances data management but also facilitates real-time collaboration, a crucial aspect in the ever-evolving HR landscape.
Accurate Background Recent Developments
Accurate Background unveiled its latest innovation—the Social Media Screening Solution—a cutting-edge technology designed to fortify the background check process and offer unparalleled insights into candidates' online personas. This groundbreaking solution comes at a crucial juncture when companies are recognizing the significance of scrutinizing potential hires beyond traditional methods. In an official statement, Accurate Background highlighted how the information gleaned from an individual's online presence can serve as a valuable resource for employers seeking a comprehensive understanding of a candidate's character.
Accurate Background launched additional resources available for its COVID-19 Program to help companies hire and thrive during the pandemic. Accurate’s COVID-19 Employer Resources Hub is a centralized online compendium of all the tools, resources and products available to support companies and their employees. The Accurate COVID-19 Employer Resources Hub includes the most up-to-date tools, resources and products available to support companies, including legislative updates, articles, webinars, eBooks, tip sheets, in addition to relevant products and services. As part of the program, Accurate is also making an Active RNA test available to screen for COVID-19.
Accurate Background Mergers and acquisitions (M&A) Activities
In 2022, Accurate Background acquired Vero Screening demonstrating a strategic approach to market dominance. By bringing together the strengths of two industry leaders, Accurate solidifies its position as a global player, offering a more comprehensive suite of screening solutions while expanding its presence in the European market.
The IT industry is characterized by dynamic mergers and acquisitions, strategic investments, and funding activities that shape the competitive landscape. Accurate Background's acquisition of VerifyNow signifies a strategic investment to strengthen its foothold in the Australian market. Mergers and acquisitions in the tech sector are often driven by the pursuit of complementary technologies, market expansion, and talent acquisition. This move underscores Accurate Background's commitment to growth through strategic partnerships, positioning itself as a key player in the global employment screening market.
In February 2020, Accurate Background acquired CareerBuilder Employment Screening (CBES) from CareerBuilder. The acquisition of CBES, which offers highly complementary background screening and drug-testing services and technology to employers in the U.S. and abroad, is expected to strengthen Accurate’s pre-and post-employment screening leadership and accelerate the company’s mission to deliver the most innovative and comprehensive screening services.
Accurate Background Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Accurate Background applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Accurate Background and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Accurate Background customers.
Accurate Background Overview
Ownership: - x
Number of Employees: 1700
Functional Market: Compliance, Recruiting,
Key Verticals: Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Professional Services, Retail, Transportation,
Accurate Background Key Cloud and HCM Applications
Accurate Background
Accurate Background HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Accurate Background Revenue Breakdown by Type:
Accurate Background HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Accurate Background HCM Applications Revenues By Verticals, $M:
Accurate Background Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
Accurate Background Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Accurate Background Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Accurate Background Customers
No. of Accurate Background Customers: 16000
No. of Accurate Background HCM Applications Customers: 16000
No. of Accurate Background Cloud HCM Customers: x
No. of Accurate Background Cloud HCM Subscribers: x
Accurate Background Solutions boasts a clientele exceeding 16,000 companies worldwide, a testament to its global impact. Reference customer wins include industry giants such as Shaw Industries, Alliance Healthcare Services, Navistar, H&R Block, Randstad, Nestle, Sephora, Ochsner Health System, among others. This diverse portfolio underscores the company's versatility, catering to a wide range of industries, from healthcare and finance to manufacturing and retail. Breaking down the customer base by region, Accurate Background Solutions has established a formidable presence across the globe. Its solutions have been embraced by organizations in North America, Europe, Asia-Pacific, and beyond, highlighting the universal appeal of its advanced screening technologies.
Accurate Background Market Opportunities, M&A and Geo Expansions
Accurate Background's decision to appoint Rashid Ismail as COO is a clear indicator of the company's intention to leverage cloud computing to its fullest potential. Cloud technologies offer unparalleled scalability, flexibility, and cost-efficiency, providing organizations with the agility to adapt to dynamic market conditions. As the new COO, Rashid will likely focus on optimizing operational efficiency by migrating key processes and data to cloud platforms, unlocking a new realm of possibilities for the company.
Accurate Background awarded public sector contract through OMNIA Partners. OMNIA Partners, the largest and most experienced purchasing organization for public and private sector procurement. Through a competitively-solicited contract with Region 4 Education Service Center, state governments, local governments, universities, K-12 schools, and nonprofit organizations will have access to Accurate’s comprehensive employment screening solutions and round-the-clock, 24 hour, seven days a week U.S. based customer service.
Accurate Background Risks and Challenges
While the integration of advanced technologies brings immense benefits, it also exposes companies to certain risks. Accurate Background, like any industry leader, faces both internal and external risks. Internal challenges may include potential system vulnerabilities, data breaches, or operational disruptions. Externally, the company must navigate the evolving regulatory landscape, ensuring compliance with data protection laws and industry standards. Go-to-market challenges such as competition and market saturation further complicate the landscape, necessitating a strategic and adaptive approach.
Accurate Background Ecosystem, Partners, Resellers and SI
In 2023, Apploi's strategic move to partner with Accurate Background not only signifies a commitment to elevating healthcare hiring processes but also underscores the significance of cloud technology in driving such integrations. Both entities leverage cloud infrastructure to streamline their services, providing scalability and flexibility that are paramount in the ever-evolving healthcare labor market.
Accurate Background known as the largest privately held provider of compliant background checks, drug and health screening, and monitoring solutions, recently unveiled two new offices in Thane and Hyderabad, India. This strategic move not only addresses the burgeoning demand for its global background screening services but also sets the stage for pioneering technological advancements to elevate the screening experience.
Accurate Background achieved Workday Certified Integration status. Accurate Background provides customers with a seamless integration that connects Workday Recruiting with Accurate’s complete portfolio of employment screening services. This integration is already being used by companies like Blue Cross and Blue Shield of North Carolina.
Accurate offers proved enterprise-level ATS integration solutions that fit seamlessly into the existing system. We have experience working with the industry’s leading hiring management solutions, including the following: ADP, Bullhorn, IBM Kenexa, myStaffingPro, Oracle Taleo, SmartRecruiters, and others.
Accurate Background Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Accurate Background Public Cloud and Infrastructure (IaaS)
- Accurate Background Platform (PaaS)
- Accurate Background Application Delivery
- Accurate Background Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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