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Contractor Management

Utilized by high profile, high risk clients to reduce the risk and control the costs of managing Contractor risk throughout multiple sites. Crucial corporate risk management and compliance information is captured for each contractor and third party agency.

Safeguard’s Contractor Management module empowers more effective resource management, enabling clients to consolidate resources across large scale environments, while reducing the amount of time gathering data from numerous sources.

Benefits

Return on Investment

One of Rivo’s high risk infrastructure clients described how Contractor Management was a significant corporate risk before implementing Safeguard’s Contractor Management module:

An accident was caused by a contractor on the client site, and then it was discovered that the contractor’s insurance had expired, leaving the client to cover the costs.

After the Contractor Management module was implemented, automated email reminders ensure that the client knows when a contractor’s insurance is due for renewal and can proactively ensure this is renewed to allow continued approval to work on site.

Additionally, a significant number of Rivo’s clients are able to substantially mitigate claims with Safeguard’s robust audit trail, as well as negotiate five figure reductions in insurance premiums.




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