ST. LOUIS, MO, Aug. 12, 2004 (MARKET WIRE via COMTEX) -- TALX Corporation (NASDAQ: TALX), announced today that its industry-leading service for automated income and employment
verification, The Work Number, will be used by Ford Credit.
In all branches nationwide, Ford Credit will use The Work Number to
verify employment and income for financing automobile purchases.
With thousands of transactions each month, Ford Credit will benefit
from faster, more accurate, and more secure verifications while
gaining significant cost savings from an automated process. Ford
Credit will additionally reduce the amount of telephone calls their
investigators need to place to obtain employment verifications.
Stacey Simpson, managing director with The Work Number says, "Ford
Credit will benefit from decreased costs and also from an improved
ability to detect fraud involved with the application process. In
addition to the tangible cost savings Ford Credit will be gaining,
consumers themselves benefit from an expedited verification process
and faster approvals. It's a true reflection on the quality of our
service when a company such as Ford Credit, which is utilizing a Six
Sigma approach to implement the nationwide process, chooses The Work
The Work Number is able to provide Ford Credit with the custom
ability to designate which local users are authorized to use the
verification process. This will prove to be extremely important to
maintain the proper control at over 100 sales branches nationwide.
About The Work Number
The Work Number is America's leader in automated employment and
income verifications. More than half of all Fortune 500 corporations,
most federal government employers, and many local employers such as
state governments, school districts, and hospitals have outsourced
employment verification to The Work Number contributing to over 90
As the number of available employment records has steadily increased,
so has the number of verifiers that access the data. TALX has
established accounts with over 50,000 entities that regularly use The
Work Number to receive verifications. These include about 6,000
social service agencies across all 50 states and over 30,000
commercial verifier accounts. For more information about The Work
Number, visit www.theworknumber.com.
TALX Corporation is a leading business process outsourcer of
payroll-related and human resource services. TALX holds a leadership
position in two key employment-related services -- automated
employment and income verification services via The Work Number(R)
services and unemployment cost management services via UC eXpress(R).
TALX also provides paperless payroll services, W-2 services and
automated time entry and approval services. Based in St. Louis,
Missouri, TALX empowers users to complete transactions independently
utilizing available multimedia including Web, interactive voice
response, speech recognition, fax and e-mail. The company's common
stock trades on the NASDAQ Stock Market under the symbol TALX. For
more information about TALX Corporation, call 314-214-7000 or access
the company's Web site at www.talx.com.
Laura H. Browder
SOURCE: TALX Corporation