Employment referencing is a process full of uncertainties, from delayed responses to employers that are no longer trading. These challenges waste time for verification teams and create unnecessary friction in what should be a straightforward task: confirming employment and income details.

The Company Trading Date Check changes that. By incorporating employer-level data into the process, Konfir allows businesses to identify discrepancies in employment dates and recognise when a reference will never be received. This is one of our first steps into using deeper employer data for verification, with more to come in the future.

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What is the Company Trading Date Check?

The Trading Date Check compares the operational timeline of an employer (i.e. from when a company was incorporated through to when it ceased trading) with the employment dates provided by applicants. It identifies two critical insights for verification teams:

• Discrepancies in Dates: If an applicant claims to have worked for an employer before the company started trading or after it ceased trading, this will be flagged for review
• ‍Non-Viable References: If a company has ceased trading, teams can immediately stop chasing references that won’t be received.

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Why It’s Useful

1. Avoid wasting time chasing dead-end references

Verification teams can stop chasing dead ends. Knowing upfront when a reference is unachievable saves hours of manual follow-up.

2. Improves understanding of discrepancies

Konfir’s Employment Attribute Alerts already show you where there are differences between verified and declared data. The Company Trading Date will often complete the picture by showing ‘why’ there’s a difference - as differences in dates are often explained by how long a company has actually been active

3. Supports Compliance and Fraud Detection

Discrepancies between candidate claims and trading history can indicate potential fraud or misrepresentation.

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The Bigger Picture 

The Trading Date Check is our first step in using employer-level data to power verifications. Over time, we plan to expand this capability, incorporating additional employer insights like industry, director data, and more. These enhancements will give verification teams even more tools to work quickly, accurately, and confidently.

Request a data point.

For now, the Trading Date Check sets a new baseline for efficient referencing: one where teams can avoid unnecessary delays and focus on actionable leads.

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Conclusion

Referencing is easier when you have the right data. The Trading Date Check helps verification teams move faster by identifying discrepancies and non-viable references from the outset. It’s a simple but effective step toward smarter employment and income verifications—and there’s more to come.

Interested in learning more about how it works? Want to request more Employer data? Get in touch!

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