What should your organization look for in a contractor compliance system? Here are some of the signs that you’ve found the right compliance provider.
There’s no denying that the contractor workforce is expanding rapidly, with most companies reporting double-digit growth in the use of contractors over the last few years. Utilizing a contractor network is an excellent solution for many companies that want to provide products or services to their customers quickly and easily, and tap into the skills and expertise that this workforce holds.
While contractors can offer your company increased flexibility, ensuring that they are meeting the requirements of your organization presents a different kind of challenge. This group is often geographically dispersed and will not have gone through the same selection process that an in-house employee has. Additionally, your contractors will usually not work closely with a management team, and their performance is not monitored like an employee’s performance would be.
Implementing the right contractor compliance system can help hold contractors to your requirements. Your system should allow you to carefully screen and monitor the contractors that you include in your network. It should also aid you by checking that they hold the appropriate licenses and certifications needed to perform the work you have contracted them to do and verify they have current and sufficient insurance coverage according to the requirements of their contract.
As you search for the right contractor compliance partner, you may find plenty of options available. How can you tell which one is right for you? Here are three of the signs.
COI (certificate of insurance) compliance is time-consuming and complex, but it is critical to reduce your risk and protect your reputation. Because of this, network managers choose to outsource certificate of insurance management, functions, and processes to experts who can handle it for them.
When PlusOne Solutions manages your organization’s contractor COIs, we work to minimize disruption in operations due to non-compliance while verifying that your contractors are insured according to your requirements. This means that we are proactively communicating with the insurance agent and the insured, verifying that policies are active and remain active, that the correct limits and coverage are in place, and providing necessary reporting to your organization.
We know that the safety of your customers is your number one priority, and we’ve designed each facet of this screening process with that in mind. When we conduct background screening services for your contractor network, our focus is on accuracy and compliance. We provide comprehensive criminal background checks, continuous criminal monitoring, and contractor drug testing to help you reach your compliance goals.
There’s no reason to seek out multiple compliance vendors when you partner with PlusOne Solutions. Our complete range of solutions means that we’re your single source for all things compliance, and our dedication to providing industry-leading service helps us build long-lasting relationships.
Many of our clients choose us because they have identified pain points in their contractor compliance system, and our solutions meet and resolve those challenges. This is our ultimate goal at PlusOne Solutions, and we work to accomplish it by providing experienced, precise, and efficient services. Contact us today to learn more about how we can help your organization.
Contents are provided for information purposes only and should not be construed as legal advice. Users are reminded to seek legal counsel with respect to their obligations and use of PlusOne Solutions services.
About PlusOne Solutions
PlusOne Solutions has been an industry leader in the risk management field by specializing in compliance programs that meet the complex challenges of geographically dispersed contractors, vendors, and employee networks. PlusOne Solutions protects companies from possible financial, legal, and reputational risks associated with contractor and vendor relationships while creating safer work environments. To learn more, visit https://www.PlusOneSolutions.net.To receive these updates directly in your email inbox, sign up for the newsletter. Questions or comments? We want to hear from you.
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