How does the platform manage vendors, contracts, and certificates of insurance?
A contractor shows up to work on the roof. Their certificate of insurance expired three months ago. Nobody knows because the COI binder lives in the administrator\u2019s office and never gets reviewed.
Detail
Every vendor has a record with active contracts, COIs, W-9s, OSHA documentation, and performance history. COI expiration triggers a renewal request 60 days out. Work orders cannot route to a vendor whose COI is expired. Vendor performance — on-time, on-budget, defect rate — informs sourcing.
Insurance gap exposure drops to zero. Vendor performance becomes data-driven instead of intuition-driven.
Key points
- Avetta',
- , 'COI tracking vendors
https://seniorcre.com/workflows/facilities/vendor-and-contractor-management