EUGENE, OR--(Marketwired - July 12, 2016) - SheerID, the instant eligibility verification provider enabling large and small enterprises to provide exclusive offers to special interest groups, launched SheerID Employee Verification Solution today. Aimed to help enterprises streamline employee purchase programs and corporate channel partnerships, the easy-to-use, fraud-proof platform instantly verifies employees against authoritative data using just the name, address and company name. SheerID can instantly verify 65 million employees from over 44,000 employers, including the federal government and 75% of the Fortune 500 companies.
In a recent Google Consumer Survey conducted by SheerID with over 500 respondents, results showed that only 22% of those whose companies offer an employee discount program use it often, with a whopping 72% noting they only sometimes use it. The survey also found that 46% would use it more often if it were easier to use, and 51% would use it more often if they could use it to shop directly with the companies that offer the discounts in-store and online. Lastly, the survey showed that 27% of qualified respondents shared their discount with those that didn't qualify.
To better meet the demands of their employees and increase the revenue potential of these channels, companies can incorporate SheerID Employee Verification Solutions directly into their internal intranets and on their web sites, allowing for automatic employee verifications online without the fear of ineligible parties redeeming exclusive offers. Through Employee Verification, enterprises can perform the following functions:
Limit the number of transactions permitted through internal employee discount programs
- Support "friends & family" events
- Document, track, and analyze eligibility metrics
- Create new employee incentive programs or employee recognition programs
- Allow employee partner groups to shop directly instead of through portals
- Reduce fraud associated with in-house solutions
"While many enterprises offer employee purchase programs, it's clear that there are steps they need to take to help these programs reach their true potential," said Jake Weatherly, CEO of SheerID. "This product was developed to give these enterprises not only more opportunities to leverage partner relationships, but also create a better customer experience for employees who are eligible for these offers."
The Employee Verification Solution adds to SheerID's legacy in eligibility verification solutions. To date, SheerID's allows businesses to instantly verify military personnel and their families, K-12 teachers and faculty, college students, first responders, influencers, and non-profit organizations. Unlike other verification solution providers, SheerID does not require sensitive personal information to perform verifications. SheerID is the only verification service provider that can verify employment without requiring a Social Security number.
SheerID's instant eligibility verification solutions ensure margin and profit protection for enterprise and SMB clients while also making personalized marketing programs scaleable. By instantly verifying consumers' eligibility against authoritative data, SheerID delivers a seamless customer experience without interrupting the shopping process. Backed by Voyager Capital, the SheerID verification solution helps clients, including Spotify, The PGA TOUR, and Foot Locker, protect their exclusive offers to high value customer segments such as military, students, and teachers. Verification is available across multiple channels, including online, in-store, via mobile device, or over the phone, all while still keeping customer information safe and secure. SheerID's verification services can be configured for any e-commerce website, internal customer sales/support system, mobile application, or POS system.