Xref Limited reported the release of its Enterprise Subscription Platform. Xref is extending its pre-employment offering with the launch of a full-service, hire-to-retire enterprise SaaS platform for employers called "Xref Enterprise". The Xref Enterprise platform extends Xref's addressable market tenfold, and will shift Xref's global business model away from being solely usage-based, allowing Xref to decouple its revenue recognition from recruiting trends.

The Xref Enterprise platform is fully customer-branded, multi-organisational, multi-language, and self-service. Its key features include single sign-on (SSO) and applicant tracking system (ATS) integrations, a custom survey builder, advanced analytics, and custom SMS and email options. It will allow employers to manage employee data from candidacy through to employment, engagement, company exit, and even possible re-hiring.

In addition to reference checking, it will also offer Pulse Surveys that allow HR teams to continuously survey and measure employee satisfaction, and Exit Surveys to gather organisational metrics, derive an employee NPS, and build a talent pipeline of returning employees. The platform has been developed over the last 18 months and features a host of new features and benefits in response to the challenges experienced by the global employment sector during the pandemic. It is designed to build an organisation's corporate memory through data collection of a wide variety of critical candidate and employee metrics, which in turn will help the organisation improve its attractiveness to employees, better compete for talent, expand talent pipelines, and speed up hiring processes.