COI Compliance Management – Going a Step Further
“Appearance blinds, whereas words reveal.” Oscar Wilde Obtaining and evaluating Certificates of insurance (COIs) from business partners with whom we form agreements is a well-established, standard process in most industries. This process is intended to facilitate the collection of information and to assure those with whom we do business are fulfilling their contractual obligation to main...
Challenges of Managing Certificates of Insurance for Homebuilders
Homebuilders are in the business of trust, relying on their good name to grow their business as they build new homes for families. But while they’re focused on the specifics of developing a neighborhood, the administrative challenges can sometimes derail operations. In particular, managing and tracking certificates of insurance can be a big issue. Subcontractors come and go, and when peo...
Gain efficiency and improve control by establishing a web-based Vendor Registration & Qualification Portal
“The single biggest problem in communication is the illusion that it has taken place.” George Bernard Shaw The path to success in reaching organizational objectives requires establishing relationships with a multitude of suppliers needed to support our day-to-day business activities. Once the vetting work is completed and, a supplier is selected, the new vendor set-up process begins. As ...
