Evaluate the risk generated by all vendor types and develop standards, policies and procedures to offset this risk.
Resolve issues with vendors or insurance companies with informed knowledge and supported by experts.
Systematically collect and monitor all contracts and certificates from the full scope of third parties.
Under one roof, Certrax implements enterprise standards and defines vulnerabilities/issues in 3rd party risk, contract management & government regulation.
Certrax technology provides a clear and concise view of all compliance issues
and successes through out your portfolio appropriately accessible to all your company risk managers.
Through rigid process adherence the Certrax specialist team applies your risk policy
consistently across all portfolio properties ensuring that effective subrogation
of risk is taking place.
Our advanced technology, expertise and client focus allows the Certrax solution to be a fraction of what any effective in-house solution typically costs.
Certrax continually quantifies the compliance of each vendor/tenant at your property
to measure their adherence to your requirements and reports that information at
all levels within the organization.
Certrax understands the complexity of risk mitigation. We present the critical items that require a business decision, clearly, concisely and in near real-time.
Here's what our customers say:
"We spent a lot of time and money ensuring we had the best risk mitigation plan
in place fo over 300 of our properties. Once we rolled
the risk out to the properties we realized there was no easy and unified way to track the implementation were risk
occurs, at each building. We engaged Certrax who took our plan, implemented and managed
it through out our portfolio and now we have transparency and assurance that the
plan is being followed at a national level.
- National Hotel Risk Manager
"We gave Certrax 10 buildings to test and they found over 90% of the hired contractors
were not affording sufficient coverage for their type of work. Certrax
implements OUR standards and manages the COIs, contracts and leases with all the
information on tap to everyone on our team. The management companies
save time and money, we are assured protection and I sleep better.
- Head of Risk Management for Large REIT
Practically a new headline everyday.
Certrax uses advanced cloud technology designed specifically to solve the ever changing
compliance challenges that facing portfolio and asset managers today. We
created a system designed from the ground up to encompass a comprehensive solution
that is both easy to use and understand as well as inform and train where needed. Certrax is built on a bedrock of multi-layered
security that can be accessed from anywhere using your team's secure credentials.
We designed our compliance engine to effectively determine the cause(s) of the compliance
issue and recommend the correct solution in real-time. From 1 property
or 1000 properties, the system will easily scale and automate these compliance tasks
while providing a precise gap analysis of the compliance issue(s) as well as the recommended
Designed from a deep understanding of the myriad of risk complexities, AICE makes your job easier
by analyzing compliance risk factors and determining the proper course of action.
Interface easily and quickly with suppliers, tenants, brokers via the communication center. Easily
customizable templates that through the compliance engine can send themselves out
depending on analysis criteria.
We integrated contract management technology directly into the compliance platform
to simplify your life and strengthen the compliance results.
Certrax is a trusted partner in delivering the industry’s highest consistent compliance rate
of over 90%. Our combination of proven methodology and technology effectively and efficiently lowers your risk through our
flexible and scalable solutions.