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Return on Investment Simplifying:
The WorkOasis online vendor registration process makes it very easy to manage vendor files; not only does our process move this activity and responsibility from the customer to the vendor, it is also self-regulating and features alerts on all documents based on certificate of insurance (COI) expiration dates. Vendors can be notified of expiring documents early, and your operations can be alerted not to send new work orders to non-compliant vendors.
Cost Reduction:
WorkOasis typically saves 5 hours and fifteen minutes per year, per contractor in avoided administrative costs related to strategic sourcing, maintaining and updating contractor files, and 1099 preparation.
Furthermore, there are additional soft cost savings in the risk management area related to insurance expiration management, business license tracking, and compliance with Federal laws (I-9, EEOC and OSHA).
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