CV Check Ltd (ASX:CV1) has launched OnCite, a free digital credential passport app hosting worker credentials in a single place.
The app allows workers to control their credentials, manage their own compliance daily as well as being able to share the information in a safe way as each credential comes with a validated digital ID.
For organisations, the app means being able to digitise and automate compliance management in one place, allowing every customer and worker access to information from a single source, as well as shifting the compliance burden from administrative departments to the workers themselves.
OnCite is a long-term commitment to helping Australia’s Critical Asset operators affected by the amendments to the Security of Critical Infrastructure Act as it removes silos of information; provides the foundation for collaborative workforce compliance; allows cooperation across critical operators and their supply chains; offers the highest level of security, as well as delivers on certainty in the Know Your People space.
The uptake of OnCite will be driven by the large volume of credential validations undertaken by CV Check.
The IT service management company has validated some seven million worker credentials to date and is confident of increasing uptakes with the launch of the app, which is available for download from Google Play and the App Store.
Next phase
CV Check plans to expand into North America and Europe in the next six to 24 months.
It plans to leverage the cumulative workforce data to monetise insights with third parties such as in identifying skills gaps or where there is a surplus of workforce, among others.
As well, the company plans to pursue inorganic growth with the aggregation of complementary and adjoining Regulatory Technology (Reg-Tech) solutions encompassing screening, verification and workplace compliance management.
It plans to release a software that enables the real-time monitoring and reporting of personal workplace safety next.
For the half-year ended December 31, 2021, CV Check delivered A$12.8 million in revenue, up 84% from the previous corresponding period.