Today, SJV Data Solutions is pleased to share our latest e-book, “Close More, Churn Less and Create Subscription Revenue Through Continuous Criminal Monitoring”.
Prior to this month, the industry was talking a lot about Continuous Criminal Monitoring and how it could help end-users effectively manage post-hire risk though real-time alerts generated when an existing employee is booked or incarcerated in over 85% of all jurisdictions across the United States.We know everyone is preoccupied with COVID-19 right now, and that’s where the attention should be. However, we also recognize that many of you in the background screening industry have some time on your hands and could use a little distraction.
In this ebook, we'll layout the case that CRAs need to find ways to break away from the pack with unique offerings that create additional revenue streams.
Read more about four ways Continuous Criminal Monitoring helps CRAs grow:
- Growing marketplace demand
- A steady (and new) stream of subscription revenue
- Higher margins
- Expanded customer relationship
There are a number of benefits to the impact Continuous Criminal Monitoring has on CRAs’ businesses, but the North Star we should all rally around are the benefits to end users. According to our partner, Appriss Insights, 12% of the workforce is likely to be arrested over the next five years. That number increases to 20% over the next seven years.
Our expansive learning resource includes the following sections:
- The State of the Background Screening Industry in 2020
- What is Continuous Criminal Monitoring
- The Case for Continuous Criminal Monitoring, and
- How to Add Continuous Criminal Monitoring to Your Services
So, if what are you waiting for? Most of the enterprise-level background screening companies are already offering this subscription-based product to the marketplace.
If that doesn't pique your interest, I don't know what will.
But you can start by downloading our e-book here😜
Nick Fishman is a guest blogger for SJV Data Solutions. Fishman is the president of Fishman Group Consultants and has over 20 years of experience in the background screening industry serving in various executive capacities.