Do You Use Contractors In The Home Service Industry? Our Contractor Network Compliance Solutions Can Protect Your Company
Risk Management |April 4, 2022
The last several years have brought with them a significant increase in demand for in-home services, making contractor network compliance more important than ever. PlusOne Solutions can help protect your business, your customers, and your contractors by ensuring you have the information needed to mitigate risk.
People are spending more and more time in their homes, and industry trends and consumer spending reflect that. Homeowners are remodeling kitchens and replacing existing appliances with the latest models, converting home offices and upgrading to the newest technology, purchasing furniture, and more. With each of these changes comes the demand for appliance repair and installation, hardware support for electronics, last-mile delivery, and a wide range of other in-home services.
If your company utilizes a contractor network to support the services that you provide your customers, do you have a compliance strategy in place that you can depend on? As demand for these services increases, will your existing system be able to meet your needs? If not, it’s time to find the solution that works for your business.
Contractor Network Compliance Solutions For The In-Home Service Industry
Contractor Background Screening
Our contractor background screening solutions are designed to keep work environments safe while mitigating operational, legal, and reputational risks. What does that mean for your organization? We understand that the safety of your customers, employees, and contractor network is your top priority, so this solution was crafted with that in mind.
An incident like theft or assault that occurs while a contractor is performing a service in your customer’s home on your organization’s behalf can not only hurt that customer – but it can also cause irreparable damage to your business’ reputation.
How can screening your contractor network help? Our solution runs checks on criminal history, sex offender status, motor vehicle records, and more. Conducting a criminal background check can not only help you to reduce the risk of theft, workplace violence, and turnover, it can also prevent you from contracting with anyone who may not be fit to represent your company. Remember that in the eyes of your customers, your contractor network is not a separate entity – they are the face of your organization.
Ensuring that your contractor has the trade-specific licenses necessary to perform the work that you contracted them for benefits both your company and your customers. Skilled contractors provide a better service experience and produce higher-quality results. It also reduces the risk of damage to your organization’s products or equipment as a result of inexperienced contractors.
Not only is license monitoring a good idea, but some states legally require you to use licensed contractors to perform service work.
COI (Certificate of Insurance) Management
Professional COI management reduces your organization’s risk exposure to underinsured or uninsured individuals in a contractor network. Insurance claims and lawsuits can cost your business a significant amount of money, and you need to know that your insurance requirements are being met. Improperly handling your COI tracking can increase the chance that you could work with contractors that will potentially burn you down the line.
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.
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