How Technology is Changing the Face of Risk Management

The Impact of Technology on Risk Management

Being a Compliance Officer is a tough job, and it may soon be a job recorded in the history books with the age of technology rendering it obsolete. There is no doubt that an auditor’s job is only getting more complicated with increasing OH&S regulatory pressures to ensure Risk Management, and the need to stay compliant. If technology makes staying compliant easier and simpler, why not use it? This article shares some insight into the age of big data as well as the automation of business processes and the impact it will have on compliance over the next 5 years.

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Vendor Management- Best Practices Checklist

Vendor Management

Vendors and vendor management plays a vital part in the achievement of your business, regardless of what industry you’re in. Utilizing the following vendor management best practices to affirm a solid relationship with your vendors will enhance your company’s total performance in the market. Disregarding these sound seller administration standards will bring about an unworkable relationship that could adversely affect your business.

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Contract Management: Contractor Supplier Strategy

Contractor-Supplier demand and compliance management analysis is moving up the value chain. Organisations now need to adhere to external best practices with a vision and strategy, as well as 1-3-5 year implementation plans. Having a Contractor Supplier Strategy has become vital to the success and smooth running of a project. Moreover, companies need to ensure alignment with the overall business Strategy Commercial intelligence and corporate social responsibility when it comes to managing suppliers and contractors efficiently. Performance measurement & value reporting plays a key role in effectively managing these relationships. 

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OHS Supplier / Contractor Management Guide for Employers

Contractor Management Guide

Some of our clients manage thousands of contractors across 100 plus sites. Imagine trying to store insurance certificates, work permits, SWMS, contract information on these companies and keep them up to date. Over 10,000 documents stored across a hundred site in filing cabinets? Impossible.

This post includes a Contractor Management Guide for employers on what their responsibility is in managing contractors according to Comcare, the ACT, and Safe Work Australia. Where employers engage contractors to perform work, effective contract management is essential to ensuring that they meet their OHS duties both to the contractors and to others, such as employees and third parties.

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Contractor Management

Careful Contractor Management: Responsibilities Of Each Party

A proper contractor management system requires proper management of the safety and health of contractors. This approach protects contractors, employees, and members of the public from Health and Safety harm, and minimizes the risks a company faces. For this to be possible, each party should know and handle their responsibilities as required. An independent individual or organization engaged to perform some work in any trade or profession is a contractor, while a contract supervisor is the one in charge of the procedure.

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Essential Components of an Effective Contractor Management

Contractor Compliance

Your management of workplace compliance is not complete without a proper Contractor Management System to manage contractor compliance. You may have a comprehensive and strong OHS management system but this won’t protect you if something happens and you have non-compliant, poorly trained contractors working on site. Your OHS management plan is incomplete without a compliant, reliable and efficient contractor management system.

Do you have a complete and effective contractor management system in place?

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Pre-qualification: An Essential Component of Contractor Management

Pre-qualification

Often ignored by most companies in Australia, pre-qualification is an essential component of an effective contractor management system. Not only is pre-qualifying your contractors before they start work a great safety control measure, it can also prevent a very expensive lawsuit in-case an incident occurs. Most contractor companies are non-compliant. When one of Australia’s largest property developers implemented a contractor pre-qualification system, they were surprised to discover that 91% of their contractors were non-compliant.

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