Understanding a customer’s financial wellbeing requires access to a variety of data. Easy access to this data is the key to creating better digital experiences and helping your business grow. Work Report™ is a quick, simple and secure way for customers to share their verified employment and income information with organisations they choose, directly from an employer’s payroll database, in seconds.
Accessing payslip information direct from source confirms financial stability. It helps you verify the employment status of a customer, their employer and tenure as well as their income, eliminating the need for physical documents and reducing the risk of fraud.
Work Report™ provides the seamless digital experience your customers want with no payslips or bank statements to manually collect. Cut the time to source data and make informed decisions, quicker.
With the power of Work Report™, you can make better, faster decisions that benefit your customers – and you.
Save time, cut operational effort and streamline processes with the UK’s first digital income and employment verification service
Say goodbye to manual collection and verification of paper payslips and letters of employment
Verify income, employment status and tenure in seconds
Make better informed decisions using the most up to date and accurate income and employment data
Remove friction and improve the customer experience making it easier and quicker for customers to access products and services
Attract and accept more customers online with no additional risk
Cut the risk of fraud to zero when accessing consented payslip data directly from source
Confirm an individual’s Gross and Net income, as well as understanding details such as commission payments and deductions
Oakbrook’s aim is to personalise and simplify borrowing, that’s why they decided to utilise Experian’s Work Report™, which plays to their key strengths of simplifying customer journeys and personalising outcomes using digital technology. Oakbrook believe that having access to verified income and employment data adds a huge amount to the customer experience.