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Your vendor insurance compliance should be digital. Everything else is.

Posted by Brett Hazard on Nov 4, 2019, 2:37:44 PM

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We’re tired of the paperwork too, so we created Corrigo Assure – a better way to manage insurance.

Last weekend at a take-out restaurant, I swiped my credit card and the machine asked if I wanted a paper receipt or a digital receipt. I went digital without blinking an eye, and I’m not alone. Think of all the ways your life has been digitized: medical records, car maintenance reports, m onthly billing statements, and just about everything else. It just makes things easier – more manageable, more accessible, and even searchable. No more digging through drawers to find crumpled receipts. And it feels good to save a few trees along the way, too.

Facilities maintenance has come a long way in shedding the dependence on paper. But Certificates of Insurance (COIs) are still managed on paper (or emailed around as PDFs, which isn't much better). Why?

Plus, COIs are pretty useless (as you can read in my last post) – they don’t really deliver the intel you need to make sure you’re really covered. That makes 2 big problems for our community: piles of paper and the intelligence around vendor insurance.

At Corrigo, we knew there had to be a better way. As we realized the extent of the problem, we became determined to figure out an elegant solution that really solves both problems.

Corrigo Assure is the answer. It’s a centralized, digitized way to manage up-to-date, valid vendor insurance information. A COI only scratches the surface, but with Assure, you really know what you need to know, when you need to know it -- full visibility into current coverage and endorsements and insureds, W-9 issues, OSHA violations, bankruptcies, and more. It’s a wealth of knowledge all digitized and ready for action with smart alerts, simple dashboards, and streamlined workflow enhancements.

At the end of the day, you waste less time on paperwork and stay ahead of insurance issues with real intelligence, plus a smart suite of digital tools. It’s peace of mind and a simpler system, so go ahead and toss those piles of COIs into the recycle bin – or feed ‘em to the shredder and enjoy a little payback for all those years of paper pushing frustration.

Learn more about Corrigo Assure

 

Topics: Vendor Management, Technology, Work Flow Automation, Corrigo Assure, Automation

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