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Proof of Concepts :

  • img

    Weekly Timesheet

  • img

    Employee ID Data

  • img

    Monthly Timesheet

introduction to
TIMESHEETS

Timesheet fraud is a common cause of financial loss for employers with payroll fraud accounting for up to 20% of all fraud suffered by organizations. It negatively impacts project management and resource planning, while employees recording more hours than worked is hard to detect and manage.

With traditional punch clocks, employees can punch in for their colleagues if they are running late and with more advanced technologies employees can opt-out of using biometric scanners due to privacy laws.

The VeriDoc HR solution prevents anyone from illegally changing the hours.

Employees use their personal mobile device with two-factor authentication (2FA) to clock in and clock out, so that colleagues can’t clock in on their behalf. Time and location stamps on the blockchain are immutable, providing a trustworthy audit trail if timesheet records need to be inspected.

VeriDoc Global has a finished patented blockchain solution that eliminates document fraud and counterfeits. By using a mobile device, anyone can simply scan a VeriDoc Global secured QR code and verify within seconds whether something is genuine or fake.

ID-image
ID-image

PROOF OF CONCEPT

You may test our proof of concept for yourself.

When it comes down to it, as an employee you just want to be paid on time, what you are owed. And as an employer, you want to be able to pay for time worked with the knowledge that it's been done without fraud.

Employers save time and money lost each year due to timesheet fraud and employees have an easy and quick method of clocking on to their timesheets and seeing a record of all their hours worked.  Transparency on both sides.

The VeriDoc timesheet solution prevents anyone from illegally changing the hours.

You're able to test it out and scan the QR codes yourself on your smartphone to see the technology working for yourself.

Don’t have a QR code reader to find out? Download the VeriDoc Global QR code reader here for free:

fake-id
Download
Document Sample
download icon SAMPLE
Download our VeriDoc Global
QR code reader application.
appstore appstore
Test our proof of concept
for yourself.
Test Today

HOW DOES THE
VERIDOC GLOBAL

SOLUTION WORK?

WHAT ARE OUR
KEY FEATURES

key

FOREFRONT OF TIMESHEET SECURITY

Data is immutable on blockchain and can’t be breached via an attack on a single server or database.

key

Reduction in costs

Organisations can dramatically minimise the costly expenses of timesheet fraud, and save time with the precautions they currently try to undertake to verify document authenticity.

key

Increased safety

Eliminates the ability for employees to create fake timesheet.

WHAT ARE OUR
KEY FEATURES

key

FOREFRONT OF TIMESHEET SECURITY

Data is immutable on blockchain and can’t be breached via an attack on a single server or database.

key

Reduction in costs

Organisations can dramatically minimise the costly expenses of timesheet fraud, and save time with the precautions they currently try to undertake to verify document authenticity.

key

Increased safety

Eliminates the ability for employees to create fake timesheet.

Veridoc global
solution

Timesheet fraud is a common cause of financial loss for employers with payroll fraud accounting for up to 20% of all fraud suffered by organizations.

VeriDoc Global has developed a patented blockchain solution that involves embedding a QR code on a timesheet with a unique digital hash inside the QR code. The hash holds a string of information that is then placed on the blockchain network for security, verification and most important end user validation.

Using a QR code reading app, employers can scan the QR code on the timesheet once it has been submitted to them to verify the authenticity of timesheets.

Using any QR code reading app, scan the QR code on the timesheet and the app will show you the true document produced by the issuer. This allows you to compare and see if the timesheet is an original or a fake.

ID-image

This is Our
TIMESHEET CREATOR FLOW

creator-number
creator-number

CREATE A TIMESHEET

Creator creates a timesheet.

creator-number

GENERATE QR CODE

VeriDoc Global generates a unique
QR code and places the QR code
inside of the timesheet.

creator-number

GENERATE PDF IN
CLIENT’S SECURED SERVER

VeriDoc Global generates a PDF from
the new timesheet and stores this on
the client’s secured server.

creator-number

GENERATE UNIQUE
HASH VALUE ON BLOCKCHAIN

VeriDoc Global generates a unique hash
value for the timesheet and places this on the
blockchain.

creator-number

POPULATE THE DATABASE

VeriDoc Global populates a database with the
unique hash value, blockchain transaction
record and URL of the PDF (to preview the
timesheet original).

This is Our
TIMESHEET
CREATOR FLOW

  • flow
    creator-number

    CREATE A TIMESHEET

    Creator creates a timesheet.

  • flow
    creator-number

    GENERATE QR CODE

    VeriDoc Global generates a unique QR code and places the QR code inside of the timesheet.

  • flow
    creator-number

    GENERATE PDF IN CLIENT’S SECURED SERVER

    VeriDoc Global generates a PDF from the new timesheet and stores this on the client’s secured server.

  • flow
    creator-number

    GENERATE UNIQUE HASH VALUE ON BLOCKCHAIN

    VeriDoc Global generates a unique hash value for the timesheet and places this on the blockchain.

  • flow
    creator-number

    POPULATE THE DATABASE

    VeriDoc Global populates a database with the unique hash value, blockchain transaction record and URL of the PDF (to preview the timesheet original).

This is Our
TIMESHEET READER FLOW

reader-number
reader-number

QR CODE READER

Timesheet is scanned
using a QR code reader.

reader-number

PREVIEW ORIGINAL TIMESHEET

User is redirected to a secure VeriDoc
Global webpage that displays the unique
hash value, blockchain transaction record
and preview of the timesheet original.

reader-number

VISUAL INSPECTION

User validates the authenticity of
the timesheet by visual inspection.

reader-number

VALIDATE HASH VALUE
ON BLOCKCHAIN

User may validate the unique hash
value on the blockchain and verify that
the hash values are identical.

reader-number

INFORMATION UPDATE

The QR code can be updated with additional
information showing amendments to the original
timesheet (optional).

This is Our
TIMESHEET
READER FLOW

  • flow
    creator-number

    QR CODE READER

    Timesheet is scanned using a QR code reader.

  • flow
    creator-number

    PREVIEW ORIGINAL TIMESHEET

    User is redirected to a secure VeriDoc Global webpage that displays the unique hash value, blockchain transaction record and preview of the timesheet original.

  • flow
    creator-number

    VISUAL INSPECTION

    User validates the authenticity of the timesheet by visual inspection.

  • flow
    creator-number

    VALIDATE HASH VALUE ON BLOCKCHAIN

    User may validate the unique hash value on the blockchain and verify that the hash values are identical.

  • flow
    creator-number

    INFORMATION UPDATE

    The QR code can be updated with additional information showing amendments to the original timesheet (optional).

VERIDOC GLOBAL
MEDIA BLOGS

passport
25 September, 2019

The Evolution of HR in a Blockchain Future.

Today we are going to look at how blockchain technology is going to impact HR and the way we work. Modern Human Resources is continuing to change quickly with the role expanding into different areas as the workplace evolves. HR professionals are no longer simply responsible for hiring, compliance, and assisting with payroll. They are now on the hook for creating robust policies that protect both employees and the employer.They’re responsible for finding candidates who aren’t just qualified, but are also a good culture fit and will be able to support the overall mission-critical objectives for the business. HR leaders and executives also need to create policies that help grow a business culture that retains employees and increases productivity.

Read more
passport
4 November, 2019

Securing Recruitment in a Blockchain World.

Imagine a world where the recruitment process took one-third of the time. Job seekers wouldn’t have to wait weeks for a response, they would get an outcome within days. Resume details could be verified quickly, accurately and businesses would be able to cover themselves from fraud and liability.Not only is it reassuring but it would have the added effect of deterring fake resumes, promoting honesty and confidence in the job field.So why does it even need to come to this? Most of what goes on the resume is the experience we’ve gained within the workforce and the education we have earned along the way. We make sure the dates are correct sometimes only the best we can remember and gather up certificates, lucky if you

Read more

blockchain
supporting blogs

blog
9 July, 2018

Blockchain Payroll: It Makes Zero Sense that You’re Still Living Paycheck to Paycheck (And You Don’t Need to Anymore)

Ever had a job that pays a regular paycheck? If you have and you’re not...

Read more
blog
11 February, 2020

The three types of Payroll Fraud: are Your Employees Stealing from You?

Most of the time, when people thinking about employees stealing from their jobs, they think of people raiding the supply closet and bringing home boxes...

Read more
blog
18 November, 2014

3 Employee Timesheet Fraud Cases: The Brazen and Bold

Timesheet fraud is distressing because of the money that companies lose, but also due to the breaches of trust that occur. A research study conducted by the Association of Certified...

Read more

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