Why Manual COI Management Is Costing Your Business: The Case for Automation Managing Certificates of Insurance (COIs) manually is a costly and error-prone process that can leave your business exposed to compliance risks. In today’s fast-paced business environment, relying on spreadsheets or outdated methods leads to inefficiencies that hurt your bottom line. This blog explores Read The Full Article →
Essential Compliance Metrics for 2025: How to Track and Improve Your Compliance Program Key Metrics for Compliance Success Monitoring the right metrics can mean the difference between a strong, efficient compliance program and one that exposes your organization to unnecessary risk. In 2025, businesses must focus on a few essential compliance metrics to ensure their Read The Full Article →
Beyond COI Management – How Compliance Automation Supports ESG and Regulatory Reporting Expanding the Role of Compliance Automation For many organizations, compliance automation is primarily associated with managing COIs and ensuring vendor compliance. However, its benefits extend far beyond basic documentation. Compliance automation can significantly aid Environmental, Social, and Governance (ESG) reporting and broader regulatory Read The Full Article →
The Future of Compliance Automation – Trends and Innovations to Watch in 2024 Compliance Automation in 2024: What to Expect As the regulatory landscape continues to shift, the need for advanced compliance solutions grows. Automation in compliance management is no longer just about streamlining processes—it’s about transforming how businesses handle risk, maintain records, and adapt Read The Full Article →
How Compliance Automation Saves Time and Reduces Costs for CFOs The Hidden Costs of Manual Compliance Processes Compliance processes are often viewed as necessary but time-consuming by CFOs and financial managers. From tracking Certificates of Insurance (COIs) to ensuring all vendors have up-to-date documentation, manual compliance takes up significant resources—both in terms of time and Read The Full Article →
Top COI Compliance Mistakes in Construction Projects and How to Avoid Them The Importance of COI Compliance in Construction In the construction industry, managing Certificates of Insurance (COIs) is crucial to ensure that every contractor, vendor, and subcontractor on-site has the proper coverage. A missed or incorrectly managed COI can expose your company to significant Read The Full Article →
How to Manage COI Renewals Effectively with Automation The Risks of Manual COI Renewal Management For companies working with multiple contractors and vendors, Certificates of Insurance (COIs) are crucial for managing risk and ensuring compliance. However, manually tracking COI renewals can be a time-consuming and error-prone process. Missed renewals can lead to liability exposure, non-compliance fines, and lawsuits if an incident occurs while Read The Full Article →
Certificate Holder vs. Additional Insured: The 2024 Guide to Understanding the Differences Why Understanding the Difference Matters in 2024 When it comes to insurance policies in industries like construction, real estate, and contracting, the roles of a certificate holder and an additional insured are often misunderstood. This confusion can leave businesses vulnerable to liability and Read The Full Article →
How SmartCompliance Users Can Get Started with Single Sign-On SmartCompliance is proud to offer our users enhanced security and user-experience with Single Sign-On! Now, SmartCompliance users can experience the additional convenience of Single Sign-On along with the ease of compliance tracking and certificate management. What is Single Sign-On? Single Sign-On affords users the opportunity to Read The Full Article →
What Are the Main Benefits of Integrated Risk Management Software? There is an increase in demand for Integrated Risk Management (IRM) Software with the changing roles of risk management and information technology (IT) teams. An IRM approach brings teams together rather than a divided approach where each team manages its own risks. Discover what IRM is and Read The Full Article →
