Cisive Company Profile

Background

Cisive is a leading provider of global background investigations, drug testing, and compliance and risk management solutions. The company specializes in delivering comprehensive services that assist organizations in making informed hiring decisions, ensuring workplace safety, and maintaining regulatory compliance. Cisive's mission is to mitigate employer hiring risk by providing actionable intelligence and clarity throughout the hiring process.

Key Strategic Focus

Cisive's strategic focus centers on offering tailored solutions to industries with stringent regulatory requirements, such as financial services, healthcare, and transportation. The company emphasizes:

Comprehensive Background Screening: Providing in-depth investigations that go beyond standard checks to ensure thorough candidate vetting.

Compliance and Risk Management: Assisting clients in navigating complex regulatory landscapes to maintain compliance and mitigate risks.

Technological Integration: Leveraging advanced technologies to streamline the screening and onboarding processes, enhancing efficiency and candidate experience.

Financials and Funding

Cisive operates as a privately held company and does not publicly disclose detailed financial information. However, it is known that the company has experienced significant growth, expanding its workforce to approximately 900 employees.

Technological Platform and Innovation

Cisive distinguishes itself through proprietary technologies and innovative methodologies, including:

Financial Anomalies Search Technology (FAST): Developed to address reductions in credit report information, FAST enables compliance officers and recruiters to efficiently retrieve missing credit data, ensuring adherence to regulatory requirements.

Onboarding Portal: An integrated platform that automates new hire processes, reducing manual tasks and accelerating time-to-fill metrics.

Cisive Analytic Reporting Tool (CART): A real-time analytics engine that provides customizable HR analytics, facilitating data-driven decision-making.

Leadership Team

Cisive's leadership team comprises experienced professionals dedicated to advancing the company's mission. Notably, the company has undergone significant leadership changes following its acquisition by GTCR, a private equity firm. This transition involved the replacement of several C-suite executives, reflecting a strategic shift in the company's direction.

Competitor Profile

Market Insights and Dynamics

The employment background screening industry is characterized by a competitive landscape with several key players offering a range of services. Cisive holds a notable position in this market, with a market share of approximately 7.31%, ranking fourth among its competitors.

Competitor Analysis

Cisive's primary competitors include:

HireSafe: Established in 1997, HireSafe provides background screening services and competes in the business support services industry.

Info Cubic: Founded in 2002, Info Cubic offers similar services and operates within the same industry, with a smaller workforce compared to Cisive.

TruDiligence: Operating since 1993, TruDiligence provides background checks and has a significantly smaller team than Cisive.

Checkr: A technology-driven background check company known for its real-time tracking and integrations.

GoodHire: Offers customizable background screening services with a focus on user-friendly interfaces and quick turnaround times.

HireRight: Provides comprehensive background screening services globally, integrating with various applicant tracking systems.

Strategic Collaborations and Partnerships

Cisive has established strategic partnerships to enhance its service offerings and technological capabilities. Notable collaborations include:

Oracle: Integration with Oracle Talent Management Cloud to streamline background screening workflows.

IBM Kenexa: Partnership to provide talent management solutions that assist organizations in sourcing and hiring top talent.

iCIMS: Registered partnership offering integration with the iCIMS Talent Platform for enhanced talent acquisition processes.

SAP SuccessFactors: Collaboration to provide recruiting solutions that help source, engage, and hire talent effectively.

Workday: Partnership to deliver enterprise cloud applications for finance and human resources.

SmartRecruiters: Integration with their Talent Acquisition Suite to provide seamless and secure transmission of candidate data.

PeopleFluent: Collaboration to redefine talent management with an innovative Talent Engagement Cloud.

Jobvite: Partnership to offer comprehensive recruiting software that helps companies hire top talent efficiently.

HealthcareSource: Providing talent management software tailored for the healthcare industry.

Oracle PeopleSoft: Enabling organizations to architect a global foundation for HR data and improved business processes.

SilkRoad: Offering talent activation solutions that deliver personalized talent journeys.

SumTotal Systems: Providing unified Human Capital Management solutions for talent management.

myStaffingPro: Applicant tracking solution with integrated technologies for efficient employment screening.

SAP Fieldglass: Technology for services procurement and external workforce management.

Accurate Biometrics Inc.: Fingerprinting services company offering electronic fingerprint solutions.

Social Discovery IQ: Provides in-depth, FCRA-compliant social media background reports.

eScreen Inc.: Technology-enabled third-party administrator providing employment screening applications.

i3screen: Offers a smarter screening process with exceptional customer support and technology.

Acuity Cloud Solutions: HR consulting partner specializing in HCM cloud-based application services.

The Sue Weaver C.A.U.S.E.: Nonprofit organization promoting the necessity of criminal background checks on service employees.

Summit Payroll Services: Provides human resource management, payroll, and benefits administration solutions.

Fleetworthy Solutions: Leading provider of compliance services and software to the transportation industry.

Operational Insights

Cisive's commitment to accuracy and compliance is evident in its operational practices. The company boasts an industry-leading accuracy rate of 99.9994%, underscoring its dedication to delivering reliable background screening services.

Strategic Opportunities and Future Directions

Looking ahead, Cisive aims to expand its global footprint and solidify its position as a preferred partner for Fortune 1000 companies in highly regulated industries. The company's involvement with The Velocity Network Foundation reflects its commitment to leveraging blockchain technology to enhance data privacy and security in career credentialing.

Contact Information

For more information about Cisive and its services, please visit their official website: Cisive

Cisive maintains active profiles on various social media platforms to engage with clients and industry professionals.