vendor credentialing

How Does Vendor Credentialing Protect Your Property?

Vendor credentialing provides advantages that save time, money and provide protection for your property. You wouldn’t allow a tenant to move in without a background check, so why do business with a vendor who hasn’t been thoroughly vetted? Compliance Depot Vendor Credentialing software background checks vendors and makes sure their insurance, financial standing and background[]

Purchasing Strategy Multifamily

How to Capitalize on Your Purchasing Strategy

Multifamily properties are valuable to their vendors, but sharing the wealth could put apartments at a disadvantage. Jennifer Lester, Vice President Vendor Management/Strategic Purchasing Advisory Service at RealPage, says a common mistake properties make is having too many vendors in their stable. At RealWorld in July, a team of purchasing specialists talked about effective techniques[]

The dangers of not vetting your vendors

The Dangers of Not Vetting your Vendors

Wacky incidents involving contractors damaging apartments during construction or renovations may seem hard to imagine. But serious damage and liability can result from those sometimes seemingly comical bumps, oopsies, and drops. Just listen to these doozies, all true stories shared by Compliance Depot: A cement truck enters an apartment community drive for a concrete pour[]

12 Ways a Vendor Network can Strengthen Vendor Relationships

The vast world of multifamily can be difficult for vendors and contractors to navigate. Vendor networks offer companies that provide services relevant to apartment operation a way to find the thousands of properties who often need help. But the success of vendors – and the ultimate benefit they provide to property managers – depends on[]

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