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Insurance Certificate Tracking and Review - Business Credentialing Services

Outsourced Insurance Certificate Tracking, Monitoring and Management Increases Management Control

 

Business Credentialing Services provides a full service outsourced solution for tracking, monitoring and storing insurance certificates, resulting in increased management control.

 

Benefits

 

Increased Management Control

  • Improve effectiveness of internal controls

    Smart companies look for ways to tighten processes and increase compliance in order to leverage Section 404 of the Sarbanes-Oxley Act of 2002.
     

  • Apply rules by risk level
    BCS gives you the flexibility to tailor different rule sets to groups of suppliers, contractors, vendors or tenants based on their risk exposure.
     

  • Manage Exceptions
    Every business has one-off exceptions to basic rule sets. BCS allows you manage these exceptions right down to the supplier or contract level giving you complete flexibility.
     

  • Analyze Data
    BCS provides your management team with insurance certificate intelligence by distributing monthly executive reports detailing compliance statistics and recommendations for changes to increase compliance based on best practices in your industry. In addition, all critical insurance certificate information in the database may be exported to MS Excel for further analysis by your management team.

 

Are your suppliers insured?

Insurance certificate tracking, monitoring, management & storage

Are your suppliers legal and licensed?

License review and tracking

Do your suppliers follow your Quality, Safety and Environmental requirements?

HSE/Quality programs, audits, certificates and reporting

Do your suppliers have any judgments, liens, bankruptcies or other negative legal factors?

Bankruptcy, liens, judgments

Are your suppliers financially solvent?

Financial screening and credit monitoring

Are your suppliers on any government watch lists?

Debarment, government watch lists

Are your suppliers certified as MWBE?

MWBE/Supplier diversity compliancy

Do you know your supplier's safety record?

Product liability & Organizational Negligence history

Do you really know your employees or tenants?

Individual worker/tenant screening & monitoring

Are you facing a major technology project for which you need expertise and resources?
Systems integration, change management, business process improvement and outsourcing services

 

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