As a vendor, your reputation is the lifeblood of your business. By credentialing through Compliance Depot, you can achieve “approved vendor” status at major companies that you may or may not currently do business with. In addition, you can save time and money by outsourcing operational matters, including:
- Management of insurance certificates, reducing vendor operating costs and exposure to liability.
- Alerts of any criminal activity of previously screened employees.
- Management of you and your companies public data information.
Benefits of Vendor Compliance:
Provides a level playing field for all vendors in that each will be required to furnish a certificate of insurance, proper licenses (when required) and criminal backgrounds on those providing services on a property. Vendors will no longer have to bid against other vendors that do not have insurance, licenses or criminal background checks in place.
Compliance Depot will manage the vendor’s insurance certificate process which will include notices, prior to expiration, to the vendor and insurance agents so that the vendor will not have a lapse in insurance coverage.
The vendor that is registered will have increased exposure to Compliance Depot clients that are searching for preferred compliant vendors.
Vendors will have the ability to screen their employees and subcontractors for criminal information and that information will be housed on the Compliance Depot website. This service provides Vendor companies with an affordable National criminal and OFAC search.
Avesta managers will have access to the Compliance Depot website that maintains a database of background check information on participating vendor members and determine whether the vendor’s employees/subcontractors have passed a background check.
The Compliance Depot website provides vendors access 24/7 to the status of the screening process, as well as information needed to meet the screening criteria of our clients.
Need more reasons to enroll in Compliance Depot?
Download our free pdf flyer on Vendors Top 10 Reasons to Enroll here.