All businesses that deal with contractors all the time needs
to have contractor management system in place if it is expected to run
smoothly. This especially true in
Australia where strict compliance to government regulation is expected of its
business, working and trading community.
Contractor management is managing of outsourced work done by
contractors for a specific company by making sure that their work documents and
insurances are updated and/or current.
This includes the contractor’s ABN, Insurance Certificate of Currencies,
Workers Comp Certificate of Currencies, permits, licences, accreditation and
the like.
Contractor management is done in-house by the human resource
and personnel department or outsourced entirely. However there are services available that
allows a company to outsource the management but data is available and
accessible online anytime by the HR and personnel department of the company. This service is invaluable for companies
whose entire workforce is on a contract basis and is mostly out on the field or
if you are dealing with tenants spread across the state or the whole continent.
This is most especially true for people in the construction
and transportation business. If you are
in construction, chances are your workers do not report to the main office
everyday but is instead out on the production site for months on end. If the insurance or the license of anyone in
the crew is overlooked and an accident happens, insurance claims may be forfeit
and the bills would have to be shouldered by the company whether it is property
damage or injury. So it is crucial for
these types of businesses to have a well-managed tracking system.
Keeping track of all the compliance documents is a simple
task but it is time consuming and detail oriented. It is also highly subject to human error
because every human resource and personnel department has other concerns aside
from contractor management. And most
often, this department is understaffed.
Outsourcing compliance managements allows the department to work more
efficiently because the data is easily accessed and updated. Keeping track of
renewal dates and notifications are taken cared of already.
Outsourcing
contractor management is the most practical way to go because a deadline or
detail that is overlooked may cost your companies hard earned dollars that
could have been left to the insurance companies. To know more about outsourced
contractor management and certificate tracking, go to this site.
