10 Mistakes Management Companies Make With Vendors
Minimize costs associated with vendor liability risk, better manage compliance and ensure vendors satisfy all requirements.
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Managing vendors requires more than performing a background check.
Without the right solution, the vetting process can be tedious and complex. Missteps and errors can cost you in increasing expenses, risk and fraud. RealPage Vendor Credentialing is a full-service solution that can be customized to your unique business requirements. Work with the vendors you want who meet your compliance requirements with the flexibility to set insurance requirements at the company level or at the property level. Intuitive dashboards provide visibility into their compliance status, success metrics, background checks, risk levels and more for a comprehensive performance profile to aid your selection process.
Reduce Liabilities. Increase Visibility.
Managing W-9s, insurance certificates and other documents can be costly and time-consuming. RealPage Vendor Credentialing minimizes the costs associated with vendor liability and helps ensure vendors comply with your standards. This powerful solution:
- Enables real-time visibility into vendor insurance and liability coverage
- Notifies you when vendor coverage is about to expire and gets them approved before your next project
- Verifies criminal records with comprehensive background checks, insurance and financial status for the vendors who work on your property
- Provides custom reporting details on enrolled, exempt and approved vendors
Accelerate Project Assignments with Credential Key
What do you do when you need a new vendor on site within 24 hours? Are you willing to take unnecessary risks because that vendor doesn’t meet your specific compliance requirements? You can be confident that vendors who participate in the RealPage Credential Key Program meet your compliance requirements. The key icon featured on their Vendor Credential profile means they have been thoroughly vetted and are eligible for same-day approval.
Vendors with this premium distinction are matched with your specific certification requirements. We take care of the insurance paperwork to make it easy for you and further reduce risk, so you can get the vendors you want whenever you need them.