The Employer Services segment of First Advantage Corporation (NASDAQ: FADV) today announced that Fullerton India, the retail financial services company, has expanded its employment screening client relationship with First Advantage by adding the award-winning Hiring Management System (HMS) to manage Fullerton’s end-to-end recruitment process. This marks First Advantage’s entry into the talent management space in India.
MUMBAI, April 16, 2007 – The Employer Services segment of First Advantage Corporation (NASDAQ: FADV) today announced that Fullerton India, the retail financial services company, has expanded its employment screening client relationship with First Advantage by adding the award-winning Hiring Management System (HMS) to manage Fullerton’s end-to-end recruitment process. This marks First Advantage’s entry into the talent management space in India.
The First Advantage HMS is a recipient of the HR Systems Excellence Award from the International Quality and Productivity Centre (IQPC) for Innovative and Creative Development of Human Resource Technology and has been consistently ranked as a leading solution by independent sources. First Advantage HMS tracks the candidate from the time the requisition is created through the hired candidate’s entire tenure in the organization. Using this system, recruiters and hiring managers can quickly source candidates and easily identify top applicants, ensuring they find the right hire faster. First Advantage HMS combines dynamic sourcing strategies with tools to assess both hard and soft skills, background information and other key metrics that ensure hiring decisions are informed and timely.
Ashish Dehade, Managing Director (West Asia) of First Advantage, said, “HMS will be configured to Fullerton’s specific requirements. It will help optimize valuable organizational resources by bringing all hiring related processes through the entire employee lifecycle to a common platform. Adoption of HMS will give Fullerton an edge over its competition in attracting talent while saving on precious organizational resources.”
The First Advantage HMS utilizes .NET technology, which allows the system to tailor the recruitment process to each specific user’s needs, including the use of complementary service offerings, seamless HRIS integration and advanced workflow support. The tool has a large database system which can be configured irrespective of the number of employees in an organization. Being a Web based application, it is completely flexible and adaptable to the user organization’s requirements and processes and, being user-friendly, adoption rates are extremely high. The First Advantage HMS solution includes international capabilities such as 13 standard language translations and complete localization of the data scheme.
About First Advantage
First Advantage Private Limited is Asia Pacific's leading provider of background screening services and part of the Employer Services segment of First Advantage Corporation. First Advantage’s Employer Services segment provides a comprehensive suite of global talent acquisition solutions specifically designed to reduce the time, cost and risk associated with candidate recruiting, applicant tracking, screening, assessments and ongoing retention processes. First Advantage’s global reach is strengthened by its offices in Mumbai, New Delhi, Bangalore, Chennai, Beijing, Hong Kong,
Singapore, Sydney, Manila and Tokyo, in addition to the United States, Canada and Europe. For additional information, visit www.FADVasia.com
First Advantage Corporation (NASDAQ: FADV) provides innovative products and services that mitigate risk by helping businesses, non-profit organizations, government agencies and consumers make more informed decisions. Headquartered in St. Petersburg, Fla., the company has more than 4,700 employees in 11 countries that support over 90,000 clients globally. More information about First Advantage is available at www.FADV.com.
About Fullerton
Fullerton India Credit Company Limited, a fully owned subsidiary of Asia Financial Holdings, Singapore, is the fastest growing financial services company in India with an equity capital base of US$ 150 Mn (Rs. 7.00 bn) .The company is focused on providing financial solutions to ‘mass market’ customers belonging to the middle and lower income segments. It follows a relationship led, community based business model with close proximity and engagement with the customer to effectively reach out to them; the company's relationship officers follow a unique model of ‘neighborhood financing’ which focuses on customers within a five kilometer radius of its branches.
In a short span of time, the company has disbursed Rs 1,500 Crores, opened 120 branches spread across 40 locations and has more than 3,500 employees on its rolls.
For more information, please contact:
Paige Vesuvio
Vice President – Marketing
Employer Services
727.290.1000, ext. 2274
paige.vesuvio[at]FADV.com
Henri Van Parys
Corporate Communications Manager
727.214.1072
henri.vanparys[at]FADV.com
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