Quick and Easy Vendor Certification with RealPage Credential Key
It’s 3 a.m. and a resident dials your contact center. The floor in the apartment is flooding, water is inching up the walls and the resident is helpless. You call your preferred plumber and get a recording that the company is closed for the week for a much needed vacation. Other vendors in your tool box don’t work around the clock.
What to do?
The natural next move is to hop on the internet or flip through the Yellow Pages to find another plumber. Problem is, the vendor hasn’t been credentialed or approved, and you don’t know what you’re going to get. Securing insurance verification may take a few days, but the water is still pouring in that apartment.
“Right now, the expectation is to protect the property, minimize the damage and then work on credentialing the vendor after the fact,” RealPage Director Tracy Castleman said. “The reality is if there is any kind of claim associated with that specific job, chances are you may not have coverage.”
But that’s changed. RealPage Vendor Credentialing (formerly now as Compliance Depot) software has taken the next step to provide quick vendor certification when it counts the most. The company’s new Credential Key enables property management companies to quickly onboard new vendors by getting crucial information with just a click of the button.
Credential Key leverages insurance policy information available with Compliance Depot so property managers – and vendors – don’t miss a beat. It’s taking vendor certification to the next step, Castleman says.
“It’s the gold standard in vendor credentialing.”
In simple terms, Credential Key leverages the power of the RealPage Vendor Credentialing software and RealPage’s extensive experience in insurance and risk management to automate and streamline the vendor certification process while reducing tasks that can take days to be completed in just minutes.
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