Yardstik: Pioneering Trust and Safety in Human Capital Management in a Dynamic Business Era

For businesses, building a Circle of Trust is very hard. Data exists to help companies better establish trust and safety within their workforce, but a system is needed to find, structure, and deliver that information.

 

In an era where agility in business is paramount, companies constantly juggle the challenge of adapting their workforce to shifting market needs. More than ever, companies need tools that do not just help them recruit, but thoroughly vet and monitor their workforce with confidence. However, traditional background-check mechanisms fall short. They are not only cumbersome, but also provide a one-and-done snapshot, lacking ongoing critical insights.

This is where Yardstik shines.

As an innovator in workforce management, Yardstik offers a game-changing approach to trust and safety. It does not just simplify hiring processes but reimagines them. Proudly, MissionOG recently led a $12 million expansion round for this transformative company to help scale its growing success with customers.

 

Reasons for our investment in Yardstik:

 

1) Addressing the Modern Onboarding Challenge

Most businesses today, especially those scaling rapidly, face the daunting task of vetting large volumes of job candidates. Legacy solutions are not only tedious for employers, but also for candidates who repeatedly undergo checks across various employers. Yardstik recognizes this gap and provides a nimble solution that meets the intricate demands of modern HR and the desired candidate experience.

 

2) Comprehensive, Real-Time Insights:

Established in 2020, Yardstik’s “Trust and Safety” platform rectifies the fragmented nature of worker verification processes. By collating data from diverse sources, they offer timely, dependable insights covering identity verification, background checks, employment verification, and more. The result? Companies can make swift hiring choices rooted in increased confidence born from a superior solution.

 

3) Designed for High Volume Hiring Companies

Yardstik’s impact is not restricted to conventional job markets. They have made significant inroads into gig marketplaces, healthcare, sports and entertainment, and the hospitality sectors, expanding their customer base 300% in the last year. During references calls with their clients, customers cited switching to Yardstik from an existing solution due to unique approach that proves to be faster and less expensive due to its use of various data sources. A few customers said cost efficiency was greater than 30% versus their legacy solution. Their value proposition is meaningful, with clients viewing the Company as a catalyst for safe, cost effective, compliant expansion.

 

4) Seamless Integration

Yardstik’s forward-thinking API-centric strategy allows for smooth integrations into major Application Tracking Systems (ATS). By forging partnerships with top ATS platforms, Yardstik ensures its unparalleled trust and safety services are available within familiar workflows.

 

5) Continued Innovation

Their commitment to adaptability is highly evident. New features like continuous workforce monitoring, certification validation, social media monitoring, and fraud detection only enhance Yardstik’s offerings, solidifying its position as a leader in the space.

 

For MissionOG, investing in Yardstik means supporting a company that is reshaping the background check industry and contributing to a more trustworthy and secure business environment. With its innovative technology, diverse customer base, and commitment to trust and safety, Yardstik is poised for continued growth and success.