Category: CertFocus

A Better Reporting Tool For Stronger Risk Management

Posted on September 9, 2022 by -

eyJidWNrZXQiOiJjZm1hLXN0YWdlIiwia2V5IjoiZmlsZXNcL2Q0MDVjZjQ3LTE3NDQtNGQ4OS04MGZlLTU5MzA2NWExYzU2ZS5wbmciLCJlZGl0cyI6eyJyZXNpemUiOnsid2lkdGgiOjEwODB9fX0 1

Democratize data with a simple, secure reporting tool

Companies don’t lack for risk management data. Valuable business intelligence (BI) about vendors, suppliers, and third-party contractors continually streams into organizations from myriad sources and systems. What many do lack, however, is a secure, simple way to access, integrate, analyze, and deliver that data so people across the organization can make informed decisions and manage risk effectively.

Generate and share reports based on real-time data faster

Vertikal RMS empowers your company’s staff to turn data into appropriate action in an instant with improved dashboards and reporting features that are easy for anyone to use. And you can still control who gets to access what with customizable security for sensitive data.

  • Agile and responsive access to real-time data
  • Fast display of metrics and reports
  • Visualized charts and graphs

 

Enhanced features for simple, secure reporting

Vertikal RMS’s reporting tool enables teams to build dashboards and process reports easily—no technical skills or coding knowledge required. Employees can configure, generate, and share reports quickly and securely with each other, clients, business partners, and regulatory agencies. Extensive data governance, data- and field-level security, and group- and role-based security options are built in.

Employees throughout an organization can use Vertikal RMS’s enhanced data export and reporting features to help the company effectively manage the insurance requirements, financial, and safety requirements of your business ecosystem. Generate and share more thorough, timely reports faster:

  • Track certificate of insurance compliance across your entire vendor network
  • Generate dynamic ad hoc reports backed by real-time data
  • Visualize compliance data to pinpoint and assess risk proactively
  • Demonstrate compliance for more advantageous insurance terms
  • Generate standard and uniquely configured reports (scheduled and exportable)
  • Set up custom KPIs and analytics

About Vertikal RMS

Vertikal RMS provides the best certificate of insurance tracking and prequalification solutions that help your organization rise above risk. We work hard to stay ahead and develop cutting-edge technological solutions and services that help you move beyond reactivity toward a more strategic level of risk management. Vertikal RMS streamlines and automates even your most complex, labor-intensive risk management processes with flexible, intuitive, secure reporting systems that are easy to use.

Contact us to learn more about how Vertikal RMS will make your risk management strategy more successful.

RELATED: Tools to Take Control of Post-Pandemic Risk Management, Reduce Subcontractor Risk, CertFocus Empowers Organizations To Achieve Compliance At Any Scale

We’re Sorry We Missed You at CFMA’s Annual Conference and Exhibition, May 2022 in Atlanta, GA

Posted on June 16, 2022 by -

IMG 4009 e1655421774646

The Construction Financial Management Association (CFMA) Annual Conference and Exhibition took place on May 14th – 18th in Atlanta, GA at the Hyatt Regency. The CFMA has a longstanding reputation as the sole organization dedicated to providing financial professionals with unparalleled career development and networking opportunities.

The event delivered a great opportunity for construction financial professionals to become even better at what they do by attending sessions offering introduction level courses for those new to the industry, and also advanced courses to keep those with a bit more experience fully engaged. The event featured something for everyone.

2022 CFMA Conference and Exhibition in Atlanta, GA

About Vertikal RMS

Vertikal RMS provides certificate of insurance and prequalification solutions that help your organization rise above risk. Vertikal RMS streamlines and automates even your most complex, labor-intensive risk management processes with flexible, intuitive, secure reporting systems that are easy to use.

This year, our Vice President of Sales, Allison Shearer and other members of the Vertikal RMS team met with a large number of risk management and other professionals at the various CFMA conference events and inside our Vertikal RMS booth. Allison is an experienced sales executive with documented successes in certificate of insurance management, third-party prequalification services, and business process automation disciplines.

In case you were unable to attend, we are so sorry to have missed you. Below are some of the insights that Vertikal RMS’s Vice President, Allison Shearer, and her team shared with visitors to Vertikal RMS’s booth at the CFMA Conference and Exhibition.

How can you hold your vendors, suppliers, and third-party contractors to a higher standard?

Vertikal helps you understand the risk that the vendor, supplier, and third-party contractor bring to your business and presents you with risk ratings and scores to help you understand whether or not you should be working with the subcontractor. Vertikal also gives you the flexibility to choose from full-service or self-service options. Plus, you gain the opportunity to collaborate with industry-certified experts on challenging issues.

How can Vertikal RMS help reduce the time, cost, and effort it takes to manage your complex vendor relationships?

Our user-friendly solutions and expert support provide you with everything you need to increase transparency across your vendor, supplier, and contractor relationships.

What are the latest updates on Vertikal’s solutions, including CertFocus, PreQual and ShieldCor?

  • CertFocus by Vertikal RMS delivers a dynamic Certificate of Insurance (COI) tracking software that leverages Optical Character Recognition (OCR) and machine learning technologies to help organize, simplify and monitor subcontractor COI tracking and compliance.
  • PreQual by Vertikal RMS combines dynamic software with expert financial analysis to bring a new level of transparency to your outside business relationships without disrupting your existing processes and workflows.
  • ShieldCor helps you spot new opportunities and deeper risk insights to optimize your operational infrastructure, so you can base key decisions on timely, accurate and reliable information.

 

Vertikal RMS delivers the tools organizations need to rise above risk and adapt to a rapidly transforming world. We work hard to stay ahead and develop cutting-edge technological solutions and services that help you move beyond reactivity towards a more strategic level of risk management.

Contact us to learn more about how Vertikal will make your risk management strategy more successful.

RELATED: Reasons to Connect with Vertikal at CAPPO, Highlights 2022 RIMS Conference, Reasons to visit the Vertikal booth

 

 

CertFocus Empowers Organizations To Achieve Compliance At Any Scale

Posted on May 25, 2017 by -

news photo1

As a Risk Manager and an insurance expert, you understand the importance of Certificate of Insurance Compliance to your risk transfer process. Therefore, the services you seek from a COI management provider need to be more comprehensive than those that simply point out a problem, without offering sound service solutions.

The services provided by basic COI tracking companies may help identify compliance deficiencies, but on its own, most COI tracking companies lack the solution-based approach that most businesses require. The complexities involved in fixing a compliance issue can be extremely time-consuming, costly and challenging. The industry insight and insurance knowledge required to help achieve proper COI Compliance only comes from experienced insurance professionals. With a nearly 99% customer retention rate, CertFocus by Vertikal RMS has proven time and time again that we have the people, tools, and knowledge to consistently support a diverse range of organizations. CertFocus by Vertikal RMS is a full-service COI compliance service. There is a tremendous difference between our business model and the rest of the industry.

Our goal is to be more than just a vendor; we want to be an extension of your risk management department— a true partner. CertFocus by Vertikal RMS has a long-standing track record of excellence that is supported by the COI industry’s highest-rated customer service — for insurance professionals, by insurance professionals. That might be one reason why over 60% of our current customers came to us after trying other services. Organizations soon realize that other providers in our industry offer basic, non-responsive, cookie-cutter approaches with lackluster service and limited resources that end up wasting time and money.

That is just one reason why we provide a dedicated CIC, CISR, CPCU, and CRIS certified account manager for each of our customers. These team members are trained to help solve any problems that may arise. Other companies stop at COI tracking, but that is where CertFocus by Vertikal RMS begins.

Whether you are a mature and robust corporation or a quickly growing business, you can’t afford to let your COI tracking vendor’s poor results and service turn your risk transfer program into a rotting cavity. CertFocus by Vertikal RMS sets the standard in the COI compliance industry because we solve problems, put people first, and use our expertise to help you rest easy.

 

RELATED: Reporting Tool For Stronger Risk Management, Tools to Control Post-Pandemic Risk Management, Simplify Subcontractor and Vendor Relationships, Create a Culture of Vendor ComplianceÂ