Why On-Demand Fuel Delivery is trending in India: Advantages and Challenges of this Novel Concept

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Why On-Demand Fuel Delivery is trending in India: Advantages and Challenges of this Novel Concept

The service business has grown by leaps and bounds as a result of its simplicity of use and convenience, and it has become an inseparable part of the everyday life of the average person. 

 

It’s a time when on-demand delivery services are gaining popularity and have shown to be beneficial – especially given our current circumstance, which has severely restricted our physical availability. 

 

Now that we have millions of restaurant delivery apps, shopping apps, and city transport apps to make our lives easier, why wouldn’t we want a critical doorstep fuel/diesel delivery service to meet our fuel needs?

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On-demand fuel delivery

On-demand Fuel Delivery Applications are becoming increasingly profitable as fossilized fuel has become a big contributor to global economic development. For example, it makes little sense for farmers in remote sections of the nation to travel miles to the nearest gasoline station and fill their canisters with diesel generator fuel when the fuel can be delivered right to their door. 

 

However, with increased scope comes both the positive and negative aspects of on-demand fuel delivery services. Some of them are listed below:

Advantages:

Minimize Cost

Consumers may now save a lot of money on fuel purchases and usage. Consumers can save up to 50% on fuel expenses because no extra infrastructure is required for bulk storage. In the case of fuel delivery services, a one-time investment in specialized trucks and advanced software to monitor and analyze fuel loading and delivery can assist to minimize pilferage and ensure fuel purity.

Quality and Quantity

Consumers can expect trustworthy, high-quality, and quantity gasoline from the finest vendors listed on the app. Furthermore, technical mechanisms such as geo-fencing and digital billing ensure that no pilferage occurs and that the consumer only pays for what he receives.

Safety

Using fuel delivery services has a number of advantages. Diesel is delivered in fire-resistant, safety-compliant bowsers. The staff in charge of gasoline distribution has also been thoroughly educated to deal with difficult scenarios. 

Delivery available 24 hours a day, 7 days a week

On-demand fuel delivery takes convenience to new heights. Consumers may now access services at any time and from any location, without the need to invest in storage facilities. Quick delivery times provide a simple and stress-free fuel purchase.

Reduced Carbon Footprints

This service reduces carbon emissions by reducing the number of journeys to local gas stations. 

Challenges:

While customers would benefit immensely, app-based fuel delivery service providers must overcome these issues in order to offer high-quality fuel: 

Modern Infrastructure

Fuel delivery App developers should invest in a fleet of specialized cars, as well as trained staff and significant maintenance expenditures. Bowsers that are built as per PESO requirements are required. 

Robust IT infrastructure

Online fuel delivery applications necessitate a solid IT infrastructure that can handle your fleet of cars, end-user requests, and a delivery operation. Users must be able to use bug-free technology simply, with a straightforward UI experience and the ability to record vital and relevant data. 

Reporting and Analysis

Reporting and analysis are important features of delivery apps. Smart technologies that assess fuel levels, enable geo-fenced delivery to minimise leaks and pilferage, and activate alarms when triggered will give useful information for day-to-day operations. 

Unauthorized Fuel Delivery Sources

Fuel should only be obtained through approved channels. Fraudsters will be tempted to offer adulterated fuel at significantly cheaper costs in order to make a fast buck, notwithstanding the immeasurable harm it does to cars and machines. By ignoring safety regulations, delivery logistics are also jeopardised. Consumers must make sure that only legitimate delivery service providers are used. 

Regulatory Approvals

It is critical for App providers to adhere to government regulation and standardization in order to ensure that consumers and suppliers have a positive experience and to avoid potential legal issues. 

 

There are several safety concerns that the on-demand fuel delivery app must address, since the government will not grant certification until certain requirements are completed. Before beginning operations, on-demand fuel delivery applications must obtain authorization and approval from the authorities to verify that they comply with legislative requirements. 

 

On-demand fuel delivery began as a curiosity, but it soon gained traction. Diesel delivery services are already accessible in major cities around the country, and the company is expanding to new locations at a rapid pace. Because of its ease and better usage of scarce resources, on-demand fuel delivery service will explode once regulation is established. Not to mention the enormous value for time and money that consumers will receive. 

How can MIMO help?

Effective fleet management and last-mile delivery optimization will help you make fast hyperlocal deliveries, whether you are an e-commerce vendor or a local delivery service. So, are you ready to use last-mile delivery tools to boost the quality of your hyperlocal deliveries? MIMO can help your business come online with the best hyperlocal delivery services in the region.  

 

Successful management of the transportation distribution process is becoming increasingly important nowadays. MIMO Technologies offers a tech-enabled platform to easily transport goods and products and achieve a high degree of precision in e-commerce and hyper-local delivery. 

 

Our field officers are qualified to complete deadline-oriented work and deliver it to your customer in India’s most remote locations within pre-determined timelines. More than 14000 field officers serve in various rural and semi-urban areas. 

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Importance of Education Verification Checks in Modern Hiring

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Importance of Education Verification Checks in Modern Hiring

When applying for a job, you will almost certainly be required to demonstrate that you have met a minimal academic requirement. While some positions may just demand a high school diploma, others will require a college diploma or perhaps more. 

 

When writing a CV, be sure to include a list of your academic accomplishments. However, some people, believe it or not, are not always entirely honest. According to one estimate, up to 40% of individuals have lied on their resume, with schooling being one of the most typical areas where people mislead. According to the same poll, 46% of resumes had some type of contradiction between an applicant’s academic claims and their educational institution’s records. 

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It’s no surprise, therefore, that education backgrounds are one of the first things businesses look at when doing background checks on potential employees. 

 

But what would an education verification check on your schooling reveal? What kind of information would your new supervisor be able to obtain? Where should you embellish a little on your resume, and where should you give the truth? We’ll cover all you need to know about education verification checks in this post, as well as how to do your own background check to discover what your future boss could find out.

The Importance of Education Verification Checks

Before you employ, conduct an Education Verification check to ensure that a candidate’s claims about their education, degree, training, or certification are accurate and to identify any potential anomalies. This service, also known as an Education Background Check or an Education Check, is used to verify academic experience at high schools, universities, colleges, and vocational institutions. 

Education verification checks assist you to:

What Does a Background Check for Education Verification Show?

To verify credentials, education verification checks contact the candidate’s universities, colleges, vocational schools, and high schools that include: 

Professional License Verifications: When Should You Use Them?

A Professional License Verification guarantees that the applicant is licensed to operate in a certain occupation and gives the credential title, current status, issue, and expiration dates as some professions require both specific training and a valid professional license. 

It is possible to examine licenses for occupations such as: 

Why Should Employers Verify Education Credentials?

1. To protect against Claims of Negligent Hiring

Employers are obliged to take reasonable precautions to safeguard their business and workers. A small business may be exposed to liability if a new recruit engages in risky behavior or injures a coworker while on the job. Pre-employment screening can help identify warning signs that a person and a position aren’t a suitable match. 

2. Verify that an applicant possesses the necessary certifications

Certain occupations, particularly in the fields of healthcare, fitness, and teaching, need a high level of competence supported by specialized certificates and degrees. If a candidate does not have the necessary skillset to execute the job, the organization may be exposed to a great deal of risk. 

3. Fraudulent Credentials and/or Degrees

Employers may use school verification to ferret out diploma mills, phony academic degrees, and desperate people trying to pad their applications with downright fraudulent information.

4. Feel secure in the knowledge that your organization follows all privacy and data security regulations.

It’s vital to safeguard the confidentiality and security of sensitive information about your applications. To secure data and the sensitive information you receive about your candidates, you need to follow privacy rules and utilize encryption.

How can MIMO help?

By partnering with a third-party background screening company, you will be able to receive all the information you need quickly. Working with a reputable background check firm will save you time and money while also ensuring that you remain compliant in the customer screening process. 


The simple truth is that recruiting the best personnel is a rigorous competition, and you must be at the top of your game to attract and keep the best. Making the right hiring decisions will have a significant influence on your business, resulting in higher productivity and decreased turnover. MIMO offers all-inclusive background check services with a focus on protection to provide you with the most reliable and up-to-date details. 


For more information and to avail of our Background verification services, please contact us at https://mimo-technologies.com/

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Everything you need to know about Hyperlocal delivery-Marketplace, Challenges, and Process

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Everything you need to know about Hyperlocal delivery-Marketplace, Challenges, and Process

The way individuals purchase and businesses deliver has changed as a result of technological advancements. Customers are spoilt with numerous options in this era of speedier and more efficient delivery. They have complete control over when and where the order is delivered. Consumer expectations are growing, forcing firms to rethink their delivery methods and rely on technology to make them work. Hyperlocal delivery is the newest trend, after next-day and same-day deliveries. A company can select a hyperlocal delivery strategy based on its delivery needs. 

 

The hyperlocal delivery business is anticipated to reach $3634.3 billion by 2027, according to online reports. During the projection period, the market is expected to increase at a compound yearly growth rate of 17.9%. 

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What Does Hyperlocal Delivery Mean?

Do you have any plans to establish a hyperlocal delivery strategy in your company? Understanding what hyperlocal delivery is is the first step on this path. Hyperlocal delivery is defined as picking up products or items from a vendor and delivering them directly to customers’ doorsteps. This form of delivery strategy links local retailers and vendors with customers and is limited to a certain territory, location, or pin code. 

 

Let’s look at an example to better grasp hyperlocal delivery. If a consumer requires a certain product or item, they may simply go to an online store and place an order. Not all e-commerce suppliers, however, can deliver it in one or two hours. Hyperlocal delivery enters the picture at this point. A nearby vendor or merchant can quickly accept the order and deliver the goods, culminating in a one- or two-hour delivery period. 

What is the process of hyperlocal delivery?

A consumer puts an online or physical order with a local retailer. When the vendor accepts the order, a driver (either from a third-party hyperlocal delivery service provider or from within the company) picks up the item from the store and delivers it to the customer’s address. 

Which firms may benefit from a hyperlocal delivery model?

As previously stated, hyperlocal delivery may be made within a certain geographical area and time frame. As a result, it’s suitable for food delivery, grocery delivery, pharmacies, vegetable and fruit delivery, and pharmaceutical delivery, among other things. Such organizations are able to receive orders and deliver them quickly.

Hyperlocal Marketplace

A hyperlocal marketplace provides local retailers or sellers with delivery services. It has the necessary resources, such as a fleet and drivers, to pick up and deliver items to specific consumers. Hyperlocal marketplaces assist retailers in delivering items quickly and easily, allowing them to reach new heights. Such firms can provide a variety of things in the smallest amount of time, including groceries, meals, medications, and a variety of other items (in even less than an hour). 

Hyperlocal Delivery Model Benefits

Local stores are struggling to survive and thrive in this digital era, as enterprises migrate to online platforms. All of these stores are benefiting from the hyperlocal delivery strategy, which is helping them stay afloat in the sector and grow their client base. Aside from that, the hyperlocal delivery model has a slew of additional advantages, including: 

What is the best way to create a hyperlocal delivery network?

If you wish to provide hyperlocal delivery services, follow these steps to get your delivery network up and running: 

Overcoming the Challenges of Hyperlocal Delivery

By automating their procedures, hyperlocal delivery firms can alleviate the challenges connected with hyperlocal shopping, hyperlocal logistics, and hyperlocal food delivery. Yes, incorporating hyperlocal delivery software is a great way for a hyperlocal delivery service provider to stand out and overcome other delivery-related challenges without having to spend more money. 

 

Meeting customers’ expectations with the proper products/services at their chosen time and place is critical to any business’s success. And, in order to reach this aim, both online and offline retailers are using technology into their delivery processes. As a result, a new delivery trend known as hyperlocal delivery has emerged. Food, vegetables, fruits, medicines, groceries, and other items can all be delivered using this model. 

How can MIMO help?

Route planning and last-mile distribution optimization are critical in pandemic situations to ensure smooth operations. Field staff and courier agents should be able to monitor their orders in real-time, ensuring that customers receive their orders on time.  

 

Effective fleet management and last-mile delivery optimization will help you make fast hyperlocal deliveries, whether you are an e-commerce vendor or a local delivery service. So, are you ready to use last-mile delivery tools to boost the quality of your hyperlocal deliveries? MIMO can help your business come online with the best hyperlocal delivery services in the region.   

Successful management of the transportation distribution process is becoming increasingly important nowadays. MIMO Technologies offers a tech-enabled platform to easily transport goods and products and achieve a high degree of precision in e-commerce and hyper-local delivery.  

 

Our field officers are qualified to complete deadline-oriented work and deliver it to your customer in India’s most remote locations within pre-determined timelines. More than 14000 field officers serve in various rural and semi-urban areas.  

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How the Gig Economy Can Benefit from Blockchain-Enabled Employee Verification

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How the Gig Economy Can Benefit from Blockchain-Enabled Employee Verification

It’s becoming increasingly important for organizations to maintain the safety and competency of their human resources as their workforce evolves by hiring more freelancers. The recruiting process for freelancers is easier and faster than for permanent staff. Many businesses don’t even have a documented recruiting procedure in place for hiring and managing freelancers. However, as more workers are employed as freelancers, the chance of avoiding the background check increases. 

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With more unidentified persons having access to sensitive data, financial assets, corporate knowledge, and customer records, it’s more important than ever to protect businesses and their customers against data breaches and fraud. Employees are the face of the firm for many companies and online startups. A cab driver or delivery person’s behavior, for example, has a direct influence on the public image of the company they work for. As a result, putting money into a solid background check programme has become critical. 

Traditional Background Verification's Challenges

Traditional verification services providers are also encountering significant issues in performing faultless inspections owing to a lack of reliable data. 

 

Accuracy of data on education credentials, employment experience, and even police verification has become a significant concern. And, on occasion, due to intrinsic obstacles in the process, freelancer data is not accessible in a timely manner. Despite these obstacles, huge firms spend anywhere from $1.5 million to $2 million on the personnel background check procedure. However, owing to financial constraints, small businesses cut corners and do not always complete the strict background check process. 

 

Several organizations do two or three background checks. The entire procedure takes weeks and a significant amount of money. This results in a delayed onboarding process and a negative impact on the company’s bottom line. 

How can Blockchain-Based Employee Verification Benefit Companies?

A blockchain, or distributed ledger, is a system for storing large amounts of data in blocks that are linked to each other without the need for a single administrator. 

Every new addition is verified by all of the nodes on the blockchain. 

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What role does it play in employee background checks?

You can reorganize an employee’s whole CV by saving each experience and certification milestone as a separate block. This is how it will help: 

These advantages can help recruiting managers save time and money. Furthermore, owing to a lack of resources or time, the HR teams will not bypass any background checks. 

Time for blockchain-based employee verification to go mainstream?

Multiple issues in the recruiting process can be solved with an automated and distributed blockchain-enabled employee background verification. 

Employers will be able to hire high-quality employees in less time and for less money if blockchain-enabled employee background verification becomes more widely used. 

What is in store for Freelancers/Gig Workers?

Here’s how it can assist:

Conclusion

Working remotely will become more popular in the coming years as more companies embrace digital transformation. More professionals will work in the gig economy as a result of the goal to “do what you love.” At scale, using a blockchain-enabled employee background verification system can assist freelancers and employees in working in a safe and secure environment. 

How can MIMO help?

Here at MIMO, we are aware of the high levels of transparency, complex legislation, and laws that the financial sector and other industries must adhere to and comply with. MIMO offers all-inclusive background check services with a focus on protection to provide you with the most reliable and up-to-date details. 


With the latest technology in operation, MIMO’s background screening services can be used to perform verification quickly and easily by organizations. Companies need to send a request to MIMO for a background check and they can receive all relevant records without delay. This will help you save a lot of time, which you can then utilize for more productive tasks. 

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What are the KYC Procedures for Merchant Onboarding?

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Evolution of Hyper-Local delivery Services in the era of COVID-19 Pandemic

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Evolution of Hyper-Local delivery Services in the era of COVID-19 Pandemic

In this age of rapidly changing technology, numerous hyperlocal delivery companies and organizations are bolstering their services to suit the demands of consumers who want things to be delivered instantly and at their doorstep. 

 

Hyperlocal delivery services have expanded in popularity over the previous several years, with the major domains seeing increased demand in food, groceries, household essentials, and pharmaceuticals. In reality, the hyperlocal delivery industry in India received $2 billion in investment in 2017-18, and $1 billion by the end of 2019. 

 

Zomato, Swiggy, UrbanClap, BigBakset, and 1mg, among others, have become household brands in the hyperlocal delivery market. 

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Pandemic-induced disruption

Surprisingly, although the globe has been gripped by the coronavirus pandemic, which has shattered many economies, the hyperlocal delivery industry has been steadily growing despite the early challenges created by the COVID-19. 

 

The main driver of development may be linked to consumer behavior, which has shifted as a result of the coronavirus fear, and now they prefer to have everything at their fingertips and within walking distance without having to venture far. 

 

Not only that, but investor interest in this sector remains strong, with $533 million invested until November 2020. According to Tracxn statistics, the sector received $1.7 billion in investment in 2018. 

The Gig Economy

The gig economy lies at the heart of the development and success of on-demand platforms.Hiring, training, and maintaining permanent delivery employees in an environment that is more or less flexible has proven untenable in the past for startups. According to a BCG research, India’s gig economy has the potential to create 90 million jobs and generate $250 billion in revenue. 

 

These remarkable figures might be attained more sustainably if additional possibilities were created. Despite greater instances, the second wave of Covid has seen less migrations from cities and towns to countryside, as individuals have more options to earn and support themselves and their families. The hyperlocal delivery segment’s continued development is mostly due to the availability of riders for deliveries. 

Evolution of Hyper-local delivery during Pandemic

The consumer expectation of quick deliveries has been a tipping point in e-commerce. It’s no longer a benefit, and waiting for your packages to arrive as soon as you place an order is no longer a big deal. Another possible side effect of the pandemic is that the expectation of rapid deliveries has led to a lot of supply chain innovation. 

 

While hyper-local delivery has been a difficulty for numerous e-commerce and hyperlocal firms, technology has enabled them to find effective and accessible alternatives. Routing, batching, demand prediction, and rider allocation have all benefited from AI and machine learning techniques. The extra logistical benefit of strategically situated distribution centers and flexible warehousing brings companies closer to the final customer and makes hyperlocal more viable than ever before. 

The hyperlocal delivery sector has a long way to go.

Hyperlocal became one of the most important services to emerge from the epidemic, particularly for the transportation of vital commodities. Because it is a capital-intensive industry, the market’s previously established participants have consolidated as demand has increased. With companies like Zomato and Swiggy entering the market and quickly expanding, the industry has seen significant development and serves as a case study for how Indian businesses are adapting. 

 

With the growth of e-commerce in the country, many products must be delivered promptly within a certain radius of an area. With a hyperlocal delivery startup, this is incredibly simple to accomplish. Given how readily shipping behemoths have penetrated the nation, India most certainly has the infrastructure for this. In terms of growth, it took a pandemic to realize the importance of these businesses, and they have experienced exponential development as a result of the demand produced during this time. 

 

Going forward, the hyperlocal delivery area will continue to grow, particularly at a time when the COVID-19 fear is widespread and many customers have become accustomed to getting essentials at the click of a button. 

The hyperlocal delivery sector has a long way to go.

Hyperlocal became one of the most important services to emerge from the epidemic, particularly for the transportation of vital commodities. Because it is a capital-intensive industry, the market’s previously established participants have consolidated as demand has increased. With companies like Zomato and Swiggy entering the market and quickly expanding, the industry has seen significant development and serves as a case study for how Indian businesses are adapting. 

 

With the growth of e-commerce in the country, many products must be delivered promptly within a certain radius of an area. With a hyperlocal delivery startup, this is incredibly simple to accomplish. Given how readily shipping behemoths have penetrated the nation, India most certainly has the infrastructure for this. In terms of growth, it took a pandemic to realize the importance of these businesses, and they have experienced exponential development as a result of the demand produced during this time.

 

Going forward, the hyperlocal delivery area will continue to grow, particularly at a time when the COVID-19 fear is widespread and many customers have become accustomed to getting essentials at the click of a button. 

 

How can MIMO help?

Route planning and last-mile distribution optimization are critical in pandemic situations to ensure smooth operations. Field staff and courier agents should be able to monitor their orders in real-time, ensuring that customers receive their orders on time. 

 

Effective fleet management and last-mile delivery optimization will help you make fast hyperlocal deliveries, whether you are an e-commerce vendor or a local delivery service. So, are you ready to use last-mile delivery tools to boost the quality of your hyperlocal deliveries? MIMO can help your business come online with the best hyperlocal delivery services in the region.  

 

Successful management of the transportation distribution process is becoming increasingly important nowadays. MIMO Technologies offers a tech-enabled platform to easily transport goods and products and achieve a high degree of precision in e-commerce and hyper local delivery. 

 

Our field officers are qualified to complete deadline-oriented work and deliver it to your customer in India’s most remote locations within pre-determined timelines. More than 14000 field officers serve in various rural and semi-urban areas. 

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What are the KYC Procedures for Merchant Onboarding?

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5 Common Mistakes in Background Screening and How to Avoid Them

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5 Common Mistakes in Background Screening and How to Avoid Them

The mere notion of mistakes in background checks sends shivers down the spines of most HR managers. A mistake in personnel screening can have serious implications, ranging from disciplinary action to the loss of a potential recruit. Unfortunately, you won’t be able to protect yourself by omitting any job background checks. A bad hiring can expose your company to theft, lost time, and excessive turnover expenses. 

 

Background Screening is an absolute must. As a result, you must use caution when you conduct such checks. Fortunately, the majority of mistakes in background screening are quite simple to prevent. 

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Here are some of the most typical mistakes made during employment screening:

You Don't Have a Screening Policy That Is Consistent

Many errors in background screening may be traced back to one fundamental mistake: 

You took a decision that may be considered discriminatory. In many situations, it’s just an issue of inconsistent procedures. 

 

For e.g.: You may have run a credit check on one accounting applicant but not the other. Perhaps you ran a thorough background check on one candidate while settling for a short criminal report on another. It makes no difference how reasonable your reasoning is. When you subject various candidates to different standards, it always looks bad 

The Solution: Set a standard and stick to it.

Determine what information about a candidate for a given position is absolutely important to know. Do you have a criminal record? What is your credit score? Is there a cultural fit? 

 

Then devise a formal process for vetting each and every candidate in the same manner. Different methods might be established for various roles. However, if two candidates are seeking the same position, you should ensure that they are being reviewed using the same criteria. 

You don't allow applicants to correct background screening errors.

It’s easy to treat a background check report as a yes-or-no question when you’re in a hurry to make a hiring choice. Is the applicant’s record free of blemishes? If the answer is no, they’re out. If yes, they’re in. 

Pre-employment background checks, however, cannot disclose the whole story. 

The Solution: Provide applicants with an opportunity to reply to their screening results.

Asking otherwise potential prospects if they can explain a blemish on their record is always a good idea. Naturally, this adds to your HR manager’s workload. In reality, because follow-up takes time, failing to ask questions is probably a typical oversight. 

You Failed to Get Permission

Before performing background screening, you must get written authorization. This may seem too apparent to include among the most common background screening errors, but it does happen. 

The Solution: Ensure that the screening process cannot begin until your prospective employee gives written consent.

Asking for too much

Few employers are so keen to safeguard their company that they perform every background check they can think of. Imagine being pulled over for speeding and being asked for your driver’s license, registration, college transcript, work history, and three-character references. You’d most likely get defensive. You could also consider it a violation of your privacy. The majority of the documents had nothing to do with the officer. 

 

If you ask to view your credit report and driving record, a graphic designer is likely to feel the same way. It’s like digging into someone’s personal life for information that has nothing to do with the candidate’s potential to serve your organization.

The Solution: Only look at records that are relevant to the position—no more, no less.

Take a step back and consider what you truly need to know about a prospect before you can trust them with your organization.

Conducting Social Media research personally

Of course, one of the most typical mistakes in background screening would be using social media. Is there any element of modern professionalism that hasn’t been impacted by social media? Many companies, understandably, use social media to assess candidates for cultural fit. It’s reasonable, but it’s also inconvenient. Why? 

 

Because social media has a lot of information you don’t want to know the information you couldn’t lawfully question in an interview. You could find out about a candidate’s age, religion, sexual orientation, or political views. You may learn whether they have children or if they’ve had any recent health problems. Anyone would have a hard time proving you discriminated against them based on this information. However, as a general rule, it’s preferable to stay away from acquiring this information while making recruiting decisions. 

The Solution: For cultural fit tests, use a professional employment background screening agency.

An employment screening agency can assess a potential hire’s character objectively. They can give data that helps you to make informed human capital decisions while concealing information that could lead to unconscious prejudice. Furthermore, when it comes to human capital due diligence, a professional background screening business is likely to be more experienced. It is, after all, what they do on a daily basis. They understand what to search for, where to look for it, and how to interpret the information. 

Professionals should handle social media screening and other cultural fit studies. 

How can MIMO help?

By partnering with a third-party background screening company, you will be able to receive all the information you need quickly. Working with a reputable background check firm will save you time and money while also ensuring that you remain compliant in the customer screening process. 

 

The simple truth is that recruiting the best personnel is a rigorous competition, and you must be at the top of your game to attract and keep the best. Making the right hiring decisions will have a significant influence on your business, resulting in higher productivity. MIMO offers all-inclusive background check services with a focus on compliance adherence to provide you with the most reliable and up-to-date details. 

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What are the KYC Procedures for Merchant Onboarding?

The merchant onboarding process is at the core of the payments industry, any business who want to onboard merchants onto their platform can use the techniques described here to comply with guidelines and mitigate risk.

How Technology is Revolutionizing the Employee Screening Process

Employee Screening

How Technology is Revolutionizing the Employee Screening Process

Is it necessary to digitize personnel records? If that’s the case, how can it be of assistance?

Digitalization of data may be extremely beneficial in one area, namely conducting background checks on prospective workers. According to a recent poll done by EY, organizations may use technology-driven tools and solutions to complete employee screening in the wake of the Covid-19 epidemic and shutdown.

An online poll was used to interview top executives from HR departments around the firm. According to the findings, 68% of respondents had difficulty conducting background checks during the lockdown. 

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Technology has influenced nearly every aspect of our lives today, so it’s no wonder that it’s changed the way employee screening is conducted. The speed with which background screening can be conducted is one of the most important effects of technology. What used to take days, weeks, or even months to properly examine may now be found practically immediately. 

 

Individuals, small companies, and others who would have found the processing time and expenses prohibitive in the not-too-distant past now have the capacity to perform simple employee screenings thanks to technological advancements. 

Background Verification Benefits from the Technological Revolution

A HR department’s major job is to find and hire qualified and dependable employees for the firm. Employee Screening has been totally transformed by modern technology, making the process of recruiting new employees far less labor-intensive. If a recruiter begins reviewing a large number of applications and then verifies the given information, it may quickly become a tedious and time-consuming process, causing them to overlook a suitable applicant. So, by incorporating cutting-edge technology into the recruiting process, a firm may not only improve its efficiency but also save a significant amount of time. 

AI and Machine Learning

Employee Screening has been reimagined thanks to artificial intelligence (AI) and machine learning. The advanced algorithms can scour a much bigger dataset for links that can be used to piece together a coherent background report from sources all around the country and the world. 

 

Machine learning lets the computer “learn” as new information is absorbed, and AI can detect trends and patterns. The algorithms can then take the massive amount of data, put it into pre-defined data points, and spew out results that are simple to read and comprehend. 

 

People-oriented research has nearly vanished from the employee background screening process, leaving people free to decide how information should be presented and used rather than sifting through countless databases in search of answers. 

Predictive Technology

Employee screening using predictive technology is a cutting-edge use of technology that has been available for a long. The underlying idea is that by combining AI and machine learning, a person’s background knowledge may be used to generate reasonably accurate predictions about future behavior. 

 

The programme, which comes in a variety of flavours, detects potentially dangerous behaviour and assesses the risk it poses in various circumstances. For example, the predictive analysis for someone looking into a possible child care provider will differ from someone looking into the same individual as a potential manufacturing machine operator. 

 

Concerns about bias and accuracy have fueled opposition to predictive technology. Despite the fact that firms selling predictive technology describe it as nothing more than a tool to warn potential employers to potential problems, the potential for abuse in how the “predictions” are used still exists. Time and technology, on the other hand, march on, and predictive technology appears to be here to stay. 

Being technologically responsible

Data possesses enormous power; therefore, data privacy is a serious concern. In this sector, digitization comes with the duty of keeping user data secure and safe. As background verification rules and demands change, it becomes an inherent duty of service providers to handle this data appropriately, and all firms in this area must take this seriously. As a result, our area requires robust regulations, data security procedures, and adherence to worldwide norms. 

 

In the verification space, technology’s importance will only grow. Background data intelligence will help employers easily identify genuine candidates and hire employees with proven backgrounds of identity, profile, and reputation as more government bodies, educational institutes, and businesses move toward digitizing their databases and AI-technology becomes more intuitive with machine learning.

 

It may be argued that cutting-edge technology such as Artificial Intelligence and Machine Learning will help analysts replicate their cognitive processes by assisting them in identifying connections, deciphering their meaning, and raising red flags as needed. Data may be gathered from a variety of places online, including social media, blacklists, negative media, court records, and other internet platforms. 

 

This is the era when technology is dictating the process of employment background checks and how they should be used. So, like every other industry that technology has transformed, background screening will experience a transformation, although for the better, thanks to the tremendous power of technology! 

How can MIMO help?

With the latest technology in operation, MIMO’s background screening services can be used to perform verification quickly and easily by organizations. Companies need to send a request to MIMO for a background check and they can receive all relevant records without delay. This will help you save a lot of time, which you can then utilize for more productive tasks. 

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Effective Ways to Improve Cash Collections and ensure timely Payment Settlements

Employee Screening

Effective Ways to Improve Cash Collections and ensure timely Payment Settlements

Many small businesses find it difficult to collect money from their consumers. However, sometimes it is the business owners who are to blame. Many businesses have inefficient invoicing and collection procedures that lead to readily avoidable issues. 

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Here are a few ways to keep the cash flowing:

Improve your invoicing

Many small businesses find it difficult to collect money from their consumers. However, sometimes it is the business owners who are to blame. Many businesses have inefficient invoicing and collection procedures that lead to readily avoidable issues. 

Improve your invoicing

Many firms harm themselves by issuing invoices that aren’t prepared well. Bills and invoices must be detailed while remaining basic and straightforward. Everything should be itemized on the invoice, and it should be sent as soon as possible. This eliminates the uncertainty and questions that lead customers to wait. Avoid using charming graphics or flashy colors that detract from the invoice’s essential business function. Make it clear how checks should be written, where they should be mailed, the due date (or simply “On Receipt”), and any instructions for paying online, by credit card, debit card, PayPal, or other means. 

Use a billing or invoicing service that is cloud-based

 Small enterprises, self-employed professionals, and freelancers can benefit from online invoicing and billing services. Bill.com, for example, is a popular online invoicing solution that can help you streamline and speed up your accounts receivable process. Invoices can be quickly created, sent, and tracked. Customers may view and pay your invoices online, and the money is deposited directly into your account. 

Provide discounts for early payment and pre-payment

Many car rental businesses and hotels offer two prices when you hire a car or make a hotel reservation: A lower price if you pay in full now, and a greater price if you pay later. Why don’t you give it a shot? Consider giving a 2% to 5% discount for paying in advance. Customers will be rewarded, and you will save time and work by not having to try to collect afterwards. 

Set a late payment penalty

First, you’ll need to create a clear and consistent policy that explains how late payments can result in a fee. Even if you don’t charge the cost or waive it for loyal clients who are late for legitimate reasons, simply stating it on your invoices will encourage fast payment. 

Deposits, down payments, and/or progress payments are required

While this is standard operating practice in various industries and professions, it can be used by a variety of small enterprises. Don’t be scared to request a portion of your payment up front and further payments as the project progresses. 

When it comes to missed payments, take a personal approach

If payment is sluggish to arrive, follow up personally and courteously. It’s more likely to fail if you ask a clerk, bookkeeper, or someone else to make these connections. Personal attention may also offer you useful information on why the payment is late, such as customer service or product issues. 

Check the creditworthiness of your customers

Customers’ credit ratings are being checked by an increasing number of small enterprises, both businesses and consumers. Experian, Transunion, and D&B are just a few of the credit scoring companies that offer low-cost options for small enterprises.

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Set reminders and safeguards

A step-by-step timetable for initial invoicing and follow-ups is essential for effective billing and collections. This should include a policy of issuing invoices as soon as possible and following up with letters, emails, or phone calls if payment is not received within the time limit provided. Your invoicing process should also incorporate protections to ensure that the correct invoice is always sent to the correct customer. Make use of an invoice numbering scheme and avoid repeating numbers. This might lead to a lot of misunderstandings and delays. 

Develop a backup plan

If at all possible, at least two persons should be able to manage your company’s invoicing and collection obligations. Invoicing won’t come to a halt whether someone goes on vacation or quits.

How can MIMO help?

Our cash collection service is convenient since it ensures the security of your money without forcing you to leave your office. MIMO Cash Collection Service takes care of all of your cash management needs and keeps your cash deposits safe, allowing you to maximize your cash flow. MIMO provides a simple-to-use solution that takes care of all of your financial needs, from cash deposits to e-money transfers. The entire collection and deposit process is handled by our qualified personnel, reducing the danger of theft, cash mishandling, and fraud. 

 

The worlds of payments and communications are rapidly evolving, and emerging technology will assist in streamlining the payment process for consumers, ensuring that invoices are paid on time, and reducing the burden that comes with nonpayment for small business owners.

A few benefits of adopting our software model entails:

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Challenges and Opportunities in Last-Mile delivery

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Challenges and Opportunities in Last-Mile delivery

As the market expands, we’re seeing significant shifts in buyer wants and expectations, particularly in the shipping and logistics sector. Previously, a delivery period of 5-6 days was considered typical, but now, if companies take the same time, customers are more likely to cancel their orders since they know that other companies might deliver the same product in a matter of hours.

 

Retailers are looking for rapid, flexible last-mile delivery solutions to meet the increased need for seamless, immediate delivery. To comprehend this, we must first understand what last-mile delivery entails and what the primary last-mile issues are. 

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The delivery step from the warehouse to the customer’s doorstep is known as last-mile delivery. The main goal of last-mile delivery is to deliver the package as rapidly as possible. 

Last-mile delivery is the most inefficient procedure in the entire delivery chain, according to 61% of logistics businesses. So, let’s take a look at some of the most crucial aspects that influence last-mile delivery.

Common Challenges in Last-mile Delivery:

Lack of Transparency

Buyers want to know where their merchandise is located and when it will arrive. As a result, the most important criterion for developing trustworthiness is visibility. The majority of firms provide package trace IDs that display the product’s delivery status. People aren’t happy with tracking codes in today’s tech-driven environment. Even if the delivery is made the same day, they want to inspect every stage of the last mile procedure.

High Delivery Costs

Retailers and logistics businesses face a problem in providing an excellent delivery experience while being profitable. In fact, the last mile alone accounts for 28% of the total delivery cost. A lack of infrastructure to deliver things on time is one of the key factors. Failed deliveries, long routes, driver salaries, and fleet operations all have a substantial impact on delivery costs.

Unpredictable Factors

We can only foresee one thing when it comes to last-mile delivery: it is unpredictable. Some last-mile issues are beyond human control, such as traffic, weather, and flat tiresThe only thing logistics businesses can do is maintain constant communication and devise a backup plan for delivering goods fast. 

Route planning that isn't up to par

Route planning can be perplexing and psychologically draining for a novice. Several elements, such as fuel efficiency and environmental restrictions, play a role. The main cause of late deliveries is ineffective route planning. Logistics organizations can utilize route optimization tools to overcome this barrier and increase efficiency. 

Opportunities in Last-Mile Delivery:

Drones and delivery bots are both on the rise

Several logistic organizations are experimenting with robotic equipment such as drones and self-driving cars to undertake last-mile delivery. Amazon has already made a $530 million investment in Aurora, a self-driving car startup. Companies must, however, obtain authorization from government authorities before employing them. 

Increase in the number of urban warehouses

As the concept of same-day delivery grows in popularity, eCommerce companies will need to begin constructing warehouses in major cities. It is critical to have warehouses in cities so that things can be delivered quickly. This not only speeds up delivery but also makes delivery agents’ jobs easier.

Smart Tracking Technology

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Technology such as LI (Location Intelligence) is being used by logistics companies to improve the last mile delivery process. This technology includes capabilities such as real-time tracking, better visibility, route optimization, and fleet management. 

 

The LI system tracks the shipment’s progress, keeping users up to date on the delivery status. Retailers may take use of this technology by monitoring weather conditions and optimizing routes to deliver packages in the best possible conditions. This technology aids eCommerce businesses in overcoming the obstacles of last-mile delivery. 

Environmental Policy

To provide a fantastic delivery experience to clients, businesses must collaborate with numerous logistics companies. An eCommerce firm, on the other hand, can be a big source of carbon emissions. With customers becoming increasingly conscious of environmental issues, last-mile solutions that reduce pollution must include electric vehicles. Companies reduce carbon emissions and work in a more environmentally responsible manner by employing EVs.

Enabling last-mile delivery & logistics for E-commerce

Are you looking for a quick way to track orders in real-time, as well as last-mile delivery and e-commerce services? Using the intelligent MIMO application framework, MIMO has efficient end-to-end Transshipment logistics. The framework manages and optimizes last-mile delivery & e-commerce logistics across the entire distribution chain for your back-end functions with transparency and seamless integration. 

 

Successful management of the transportation distribution process is becoming increasingly important nowadays. MIMO Technologies offers a tech-enabled platform to easily transport goods and products and achieve a high degree of precision in e-commerce and last-mile delivery. 

 

Our field officers are qualified to complete deadline-oriented work and deliver it to your customer in India’s most remote locations within pre-determined timelines. More than 14000 field officers serve in various rural and semi-urban areas. 

Why choose MIMO for last-mile delivery?

The most critical part of the supply chain business is last-mile distribution. From quick real-time order monitoring and timely updates to smooth delivery, our tech-enabled platform ensures on-time deliveries.  

 

Our team consists of highly skilled professionals who are drawn to deadline-oriented work and can move your products from your warehouse to your customer in the most remote locations within pre-determined timelines.

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Key Challenges in the Digitization of the Supply Chain

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Key Challenges in the Digitization of the Supply Chain

Digitization may be the most popular buzzword in today’s global supply logistics. However, the trend toward an end-to-end (E2E) digitally-driven supply chain is more than just a fad; it signifies a fundamental transformation in how planners and managers manage and deploy their planning and production processes. 

 

If we define supply chain digitization as the movement toward a fully integrated sequence of planning and production solutions that work together to create a more visible and agile supply stream across, it’s easy to see why this is a top priority for companies looking to stay competitive and grow in the twenty-first century. Not only can digitization help businesses run more efficiently and effectively, but it also gives them the flexibility and reactivity they need to handle and prevent any breakdowns in demand planning, production, transportation, and yard or container management. 

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However, as digitization becomes more of a necessity across the supply network, planners and managers must examine the obstacles and dangers of reworking their supply pipelines to conform to a more digital platform. As a result, businesses must consider a number of critical concerns, including What are the risks of embracing digitization and reengineering a company’s supply chain? What should firms keep in mind when implementing an all-digital platform into their supply chain management strategy? And how can these hazards be avoided so that genuine end-to-end (E2E) visibility can be achieved?

Companies seeking a better knowledge of their entire supply condition and the efficacy of their planning and production procedures may find the answers to these questions to be very helpful. With that in mind, let’s look at some of the significant issues in digitizing the supply chain, as well as why firms should consider them while reengineering their supply networks.

Integration of systems and solutions

The full integration of supply chain solutions as a primary driver of this digitization is perhaps one of the most typical problems in establishing a digitized supply stream. Because the complexities of today’s automotive supply chain are so diverse, organizations frequently use a variety of planning, production, and reporting/data management solutions at the same time. Developing a digital supply chain strategy necessitates a top-to-bottom approach that unifies all applications. The successful development and implementation of such a strategy will aid in the elimination of functional silos as well as increased communication and collaboration around planning and production benchmarks and targets.

Connecting disparate data points and sources

In recent years, the Internet of Things (IOT) has emerged as a force in supply chain management, allowing for more accurate, responsive, and accessible data management and analytics as well as integrating systems and solutions. Digitizing the supply chain uses the Internet of Things to connect multiple means of gathering, organizing, and assessing data, allowing planners and managers to produce more accurate demand projections and more effective planning strategies. Furthermore, the spread of Industry 4.0 has hastened this convergence. 

 

The linking of data sources aids planners and managers in developing enhanced what-if scenarios and simulations, both of which are crucial for driving production program planning schemes. If these connections aren’t managed and administered, vital data points and actionable data won’t be used to determine how effective and responsive a company’s planning and production strategies can be. 

Communication and teamwork must be encouraged

Digitizing the supply chain is a crucial step in breaking down communication barriers within a company. This means that main stakeholders in the supply chain will be better able to share data, collaborate on crucial initiatives, and work together to guarantee that processes are seamless and free of bottlenecks, disruptions, and failures. 

 

Because a digitized supply chain is built in part on a central data storage hub with many access points, the days of waiting days or weeks to evaluate data sets and transmit the conclusions of said data are long gone. A key driver of end-to-end (E2E) visibility is the ability of those in the supply chain to access data and express its importance in real-time. 

Some planners and managers feel that because a manufacturer implements integrated planning solutions and properly controls data sources, the collaboration will just happen. This could not be further from the truth. Collaboration and coordination throughout various stages of the supply chain are crucial functions that must be formed, nourished, and grown over time, rather than byproducts of digitization. 

How can MIMO help?

The influence of digital transformation is obvious in today’s fast-paced, tech-focused world. Established firms are being disrupted by ever-changing and growing technologies. As a result, to move forward, business owners must invest in transformation. 

 

However, for firms that did not begin digitally, automating, and redesigning processes to improve operations is sometimes insufficient. They must also create effective consumer and employee experiences. This often necessitates firms transforming existing structures and procedures into digital processes via a robust plan devised with the assistance of digital transformation consultants. 

Is your business digitizing its information? Is your company being challenged by digital transformation considering that everything is now online? Are you interested in digital transformation? MIMO keeps up with these changes and has extensive experience in its successful implementation. We can assist you in digitizing, digitalizing, and ultimately digitally transform your company.

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What are the KYC Procedures for Merchant Onboarding?

The merchant onboarding process is at the core of the payments industry, any business who want to onboard merchants onto their platform can use the techniques described here to comply with guidelines and mitigate risk.