To enhance Form I-9 compliance, a Fortune 500 financial services company with multiple locations in every major U.S. city implemented a procedure to fax manually completed I-9 forms and accompanying documents to their corporate offices for an immediate audit review. Thereafter, they forwarded the original documents via overnight mail, which were also subject to review. A cost benefit analysis revealed that hundreds of man hours were wasted reviewing illegible faxes or in follow up calls to resend poor quality or incomplete facsimile transmissions. Hundreds of thousands of dollars were spent for overnight mail expenses. As an ever-expanding enterprise, the company sought to gain efficiencies in its process without foregoing corporate involvement.
With I9 Direct’s web based software, the company gained electronic corporate oversight capabilities to monitor each step of the I-9 process in all locations in real-time to ensure compliance with federal and state regulations and its own hiring practices and procedures. A recent cost benefit analysis revealed a 60% savings for the company! |