PRESS RELEASE
NetVendor Acquires ServusConnect
TUALATIN, OR and RALEIGH, NC – NetVendor, a leading provider of vendor management and compliance monitoring software to property managers in the United States, has acquired ServusConnect, a provider of maintenance operations and analytics software to multifamily property managers.
Complete Vendor Management
As property management companies manage their portfolio, finding, vetting and managing third-party vendors becomes difficult. Chasing paperwork and manually tracking vendors is time-consuming and leads to serious risks.
This is why many property managers are turning to NetVendor to manage their vendor networks, reduce vendor-related risk, and save hours of tedious tracking.
What are customers saying?
“NetVendor works independently and directly with our vendors and their insurance agents, which really makes things easy for us by removing the burden of vendor management and allowing us to focus on our core jobs.”
– Friedman Real Estate
No Manual Entry
Vendor automatically into PMS software after compliance check.
RAPID Verification
All COIs are processed in one business day or less.
IRS Rules Dictate 1099 Requirement
TIN Check, Background Check & Vendor Agreement Electronically.
Non-Compliance Visibility
Visibility to Non-Compliance reason or Vendor being “inactive” in Real-Time.
How NetVendor Works...
1
EASY PMC ONBOARDING
We do it for you.
2
INTEGRATION & REPORTING
Automatic PMS integration and detailed compliance reporting.
3
FAST VENDOR SIGNUP
In less than 8 minutes, Vendors are ready to go!
4
WE MANAGE EVERYTHING
Licensed agents manage all Vendor compliance, service and support.
Vendors & PMCs Benefit Together
Benefitsfor Vendors
- We work for the vendor handling all insurance requirements directly with their agents.
- Easy onboarding and enrollment.
- Bi-lingual customer service.
- Exposure to new markets and growth opportunities by being in the NetVendor directory.
Benefitsfor Property Managers
- Saves time, saves money, reduces risk.
- Seamless integration & customizable reporting with leading PMS software.
- Licensed property and casualty experts review all documentation.
- Additional compliant vendor options through our nationwide database.
- Decreased insurance and liability risks.