Often this question is raised, what is that a credentialing company does? What is their work profile, or how do they operate? There are many explanations given, some justified, some not up to the mark. So, here are some simple answers explaining how this operates or works.
Credentialing is simply the procedure of evaluating the qualification of a professional. As time has progressed, the importance of credentialing has become refined & significant.
To make it easier to understand, credentialing is more like a verification of the experience & expertise that you’ve gathered on any chosen field. Now a days, it has become very common in almost all the fields for instance, healthcare, insurance, marketing, sales, research, and management to get certified. Various new industries are emerging in this digital age, which has created a demand for a whole new standard & certification.
When you step out of your house and hop in a cab, don’t you worry if the driver has a license or not. That License is basically a credential of his driving capabilities and certifies him to be eligible to drive on the road. Being certified has become the need of the hour, and credentialing companies are playing a major role in doing so. From helping in building a strong Resume to giving an edge to your profile, credentialing has become paperless over the years. Online certifications work the best these days and being ‘certified’ works in full favor of the professional. The industry has seen the rise of many credentialing companies, but lucky few have sustained and have occupied a prominent space in the market.
A credentialing company provides a certification or attestation to an individual or third parties competency to do a particular task/job. This industry has achieved a global status, thanks to the pro quo benefits they provide.
But what are the co-laterals that these credential companies work on?
Well, they provide certifications to everything possible, to professional working in MNC’s, government employee, students, or as a matter of fact to corporate bodies as well.
The skill gap between education & workforce is one of the reasons which has raised the importance of credentialing & further training. To meet the needs of the employers & industry, there are companies which have established their business in and around credentialing & additional certification. The use of credentials will eventually increase more skilled, competent & intellectual professionals entering the workforce.
The Importance of Credentialing:
For any company, it is very important to set up occupational standards which eventually helps in maintaining the company’s mission. Credentialing helps in various ways for instance –
• Helps in raising the standard of practice & level of professionalism of credentialed professionals.
• Improves the overall reputation & perception of the profession.
• Through globally recognized credentials the worker mobility is empowered.
• Offers consumers with certain assurance about the employees’ knowledge and skill.
• Enhances the good business practices which set the benchmark for the organization
To encourage and promote growth and have an impactful influence, credentialing is important for organizations & industry. Along with it, credentialing leads in significant & sustainable growth through its innovative & unique approaches. Now a days, even a small error can cost a lot to the organization. Now, here Credentialing can actually help you in such unfortunate situation.
The concept of credentialing has been here for a while but surely has gained momentum in the past few years. The need to be certified and approved of your competency has given a big leap to credentialing companies. It has become nearly impossible to find people who don’t have a certification to prove their mantle.
In short, a credentialing company has helped many to prove their professionalism in particular domains. And, this trend is going to spread like a wildfire soon.