Veriforce® helps supply chain and procurement professionals streamline vendor prequalification processes, improve visibility into vendor compliance with insurance and OSHA safety requirements, and more effectively mitigate third-party and supply chain risk.

Streamline your vendor insurance prequalification process so you can focus on higher priorities

  • With VeriSourceTM COI Tracking, clearly see which vendors meet your company’s insurance requirements and enjoy centralized, web-based access to all of your vendors’ coverage details and certificate of insurance (COI) documents
  • Easily keep on top of vendors’ policy expirations, with KPI (Key Performance Indicator) reports for you, and automated email reminders for vendors
  • Leverage flexible configuration capabilities to group vendors and tailor their insurance requirements based on your company’s procurement and risk requirements
  • Get back some time: Veriforce takes care of collecting your vendors’ insurance details and auditing this data against each vendor’s COI to ensure your requirements are met

 

Learn more about VeriSource COI Tracking

Mitigate OSHA safety risk among your suppliers and contract labor workforce

Safeguard the quality of your OQ program
  • Use VeriSource Safety Compliance Management to enable stakeholders across your organization to easily identify which suppliers and contractors meet your company’s workplace health and safety standards
  • Conveniently access all vendors’ safety program details in one place, including OSHA stats and logs, safety policies, EMR, and more
  • Free in-house safety resources from the hassles of managing a safety prequalification program: Veriforce gathers all required safety program information from your vendors and our experts review it for compliance with OSHA and any client-specific requirements
  • Conduct a deeper level of due diligence: higher-risk vendors can be required to undergo a Veriforce desktop and/or field safety audit to verify their safety program implementation and give you deeper insight into the vendor’s program quality

See more about VeriSource Safety Compliance Management

Get an enhanced view of your vendor relationships and risk

  • Easily and securely integrate VeriSource with procurement, risk management, ERP, or other enterprise or proprietary systems and reporting tools used to manage vendors
  • Share key vendor data from VeriSource – such as current insurance status, overall safety score, or safety audit scores – to enable a complete view of vendor relationships without having to access multiple systems, as well as inform vendor risk profiles as part of a broader supply chain risk management program

Learn more about our integration services