Len Simmons, CIO for compliance specialist Altius, explains the benefits of using specialist software rather than spreadsheets for keeping tabs on contractors and sub contractors.
Contractor management software allows you to formulate your company’s requirements and convey these quickly and easily to contractors and their sub contractors. In addition, without manually checking and approving newly signed documents for every supplier, changes in your requirements can be easily accommodated.
Through some software solutions, you and your contractors or sub contractors can work collaboratively, ensuring mutual understanding at all time of what is required.
You can track everything automatically with contractor management software, in case anything goes wrong. Look out for solutions with built-in audit trails enabling you to see the exact status of a supplier from any previous point in time.
Software solutions can also release you from the day-to-day managing of compliance.
You can check the current and past status of any contractor or sub contractor at any time, as some software solutions provide a real-time view of compliance.
Altius’ Exigo system has been designed to manage compliance across the supply chain, providing a real-time, collaborative solution that will scale with your business.
Automated processes and workflows, real-time status tracking and reporting, and ready-made templates are available to gather contractor and sub contractor information on health and safety, CSR, etc. Exigo also features customisable compliance frameworks, automated report generation, document control and versioning, cloud-based solution and in-built audit trail.
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