Does In-House Vendor Credentialing Lead to Asymmetric Risk?
Property managers and owners handling vendor credentialing and compliance on their own are more vulnerable for risk than they may realize. Having friendly relationships with a suite of contractors trusted at their word, or asking community managers, coordinators or untrained staff to perform insurance, financial, licensing and criminal background checks can spell trouble. Relying on employees and manual processes to govern vendor credentialing to save on costs or because “we