Why the name Docuverus?
Verus is a Latin word that means true, real, genuine, or actual. It perfectly describes the document contents we are looking for. So, we shortened documents to docu and combined it with verus.
HOW IT HAPPENED
Docuverus was founded by a team of industry experts who have decades of experience in background screening.
After reviewing thousands of financial applications, we came to a startling conclusion: The process of manual review and calculations was no longer able to provide the accuracy and certainty needed in an a technology-based environment.
Computer-based fraudulent activity was going undetected and leasing staff were consistently miscalculating applicant income. As we went further into discovery and realized the dominate correlation between mis-approved applicants and bad debt, we knew a new system was needed to prevent fraud and assure that threshold calculations were accurate.
Two years of development were put into the Docuverus technology platform, and our launch yielded immediate results. Today, Docuverus has processed thousands of financial application documents for scores of clients, and is revolutionizing an industry which has typically accepted bad debt as normal part of doing business. We continue to advance and expand our technology offerings as we become the most accurate and comprehensive all-in-one income and ID verification platform.