There are three ways to manage your company’s risk. First, your company can assume the risk, second, they can insure the risk or third, they can transfer the risk. The best way to manage the risk is to transfer the risk. You can transfer the risk through contractual risk transfer, which is transferring the risk to an insurance company. SCA Cert Services can help you with managing contractual risk transfer & managing your vendors or subcontractors certificates.
Instead of you having your employees spend time managing contracts & certificates from vendors, your employees can spend their time helping you grow your company. Most companies will also tell us that they do not have enough volume with certificate and contracts to keep a qualified employee on staff to manage the them. The benefit that SCA Certs provides comes at a fraction of the cost of an employee’s expense to manage the program. A typical engagement to manage the certificate & contracts will cost less than $500 per month. The service also comes with well-organized software to manage all of the data & documents required to keep the service organized for insurance audits and company risk analysis. The final benefit of the service is the ability of your company to tie the certificate compliance to a company’s accounts payable system for vendors. This keeps you from paying your vendors & subcontractors bills, unless they are in full risk transfer compliance.