As a Property Manager, you have additional challenges when trying to stay on top of all the vendors and contractors utilized by each individual location. With ProQual for Property Managers, you can have the knowledge that each of your vendors and contractors have been registered, and have all the documents on file that co-inside with your specific vendor registration requirements.
In addition, ProQual helps your team collect, verify and manage insurance compliance for each property, whether they be in one state or all in multiple states across the U.S.
Protection against changes in contractor insurance coverage, fraudulent document submissions and inaccurate coverage types.
Through our producing agency verification, you are immediately notified if anything has been changed, altered, or cancelled with the insurance coverage of your contractors and vendors. ProQual also verifies coverage requirements are being met, and contacts your contractors and vendors if changes are required.
Document collection and verifications.
ProQual not only collects documentation required by your firm, but goes the extra step to verify every document received. Whether it be bonding reference letters, trade licenses, business registrations, Minority Business Entity registrations or others, your organization will have the knowledge you need, when you need it.
Consistent Client-specific qualifications.
With ProQual, you set your qualification requirements by choosing your “Unique Screening Criteria” (USC). Upon program commencement, the ProQual team then helps your contractors and vendors enroll, collects the required documents, then screens them based on your organization’s risk-management guidelines and parameters. Details, all documents collected and results are provided through online detailed report access and report summaries.
Financial risk-mitigation services of your contractors & vendors.
ProQual helps your firm determine the financial stability of your contractors and vendors by pulling public records for bankruptcy filings, tax liens, and filed judgments. ProQual also has the ability to pull further detailed types of business credit reports should your firm require a more detailed internal analysis, all of which may be executed at any frequency to meet your specific needs.
Easy and beneficial enrollment for contractors & vendors.
The initial enrollment process for your contractors and vendors takes only minutes to complete. Once enrolled, the ProQual team will follow up with your contractors and vendors to help stay on top of any missing submission requirements. The ProQual process is also a “self-check” device so your contractors and vendors know what information on their business may be fraudulent or incorrect.
Verification is key to risk mitigation. Meet with ProQual today!