Due Diligence

There are many reasons for investigating and evaluating an entity and their assets. Whether it’s a reasonable effort to prevent undue risks such as background checks or a regulatory compliance requirement such as Know-Your-Customer (KYC), there should be clear outcomes and actions. Then why is the general consensus that it feels like a checkbox with limited to no value?

Background Checks

With Prae, you can quickly lookup a candidate and see both their exposure and risks. No need to request personal information as the process is opaque to the candidate. With Prae, you can even pre-screen a candidate before a traditional background check and continuously monitor during their probationary window.

Mergers & Acquisitions

With Prae, you can quickly lookup the executives and employees of the acquired company to see their exposure and risks. Identify potential landmines and avoid reputational damage and/or a poor fit of people and culture. With Prae, you can get a head start on monitoring risky employees.

Know-Your-Customer

With Prae, you can quickly verify the identity of a customer. Confirm their digital identity matches the information you’re required to collect under the USA Patriot Act. See their exposure and risks. If and only there is risk, with Prae, you get both enhanced due diligence and continuous monitoring.

Contact Us

Background Check Concerns

A 2025 Benchmark Report cited non-compliance with regulations, costs of bad hire, financial loss thru criminal activities, brand reputation, and workplace safety & security as the top concerns amongst organizations across North America (U.S. & Canada), EMEA (Europe, Middle East, & Africa), and APAC (Asia-Pacific).

M&A Vetting Concerns

Non-compliance with regulations, loss of shareholders interest and/or valuations, brand reputation, and both people and cultural integration are cited as the top concerns amongst organizations across North America, EMEA, and APAC.

KYC Concerns

Non-compliance with regulations, financial loss thru criminal activities, and brand reputation are cited as the top concerns amongst financial institutions.

Common Challenges

  • More than three-quarters of businesses have found candidate discrepancies during the screening process in the last 12 months. Identity mix-up, incomplete and/or outdated records, and jurisdictional limitations impact the accuracy and precision of screening candidates.

  • An organization’s ability to sift through and filter the volume of information, noise, and false positives varies wildly. Background check companies neither summarize nor highlight red flags.

  • The turnaround time for a singular check is highly dependent upon the type of checks performed. Factors such as missing information, extensive work/living history, unresponsive references, and manual court searches further delay the turnaround. There is NO continuous monitoring.

  • Awkward candidate interaction and experience when organizations that are not required to, proactively pursue a background check. Upon request, candidates must disclose information to perform the background check.