Independent contractors take pride in their freedom. They’re experienced, valuable, and ready for business. So it’s not surprising that many professional contractors assume that they can begin assignments with new clients as qualified vendors or sub-contractors – just because they have in the past. But vendor qualification means different things to different clients. And when contractors and clients butt heads over who’s qualified and who isn’t, confusion reigns, projects are delayed, and blood pressures rise.
The Vendor Advisory Services Team (VAST), an MBO Partners service, takes an instructive, consultative approach to vendor qualification. Experienced VAST personnel provide support, guidance, and advocacy as they help contractors through every step of the engagement process. With client managers detached from complex qualification discussions, contractor engagements become smoother, more compliant, and less confrontational for everyone involved.
A Helping Hand
The VAST works with contractors one-on-one to detail their client’s vendor qualification criteria. The VAST explains IRS rules, insurance requirements, Department of Labor considerations, and client-specific conditions before engagement. That means mutual understanding and less conflict.
Contractors have better things to do than to keep track of varying qualification criteria. With the VAST’s honest,
timely advice, contractors understand these criteria, why they’re required, and the smartest ways to meet them.
Customized Migration Plan
The VAST guides non-qualified contractors toward making the changes to qualify. If they cannot do so before the project begins, the VAST provides a personal migration plan so qualification is within reach for future assignments.
Convenient Online Tools
The VAST’s sophisticated online survey systems gather qualification information before conducting a live consultation call. This gives the VAST and the contractor a common platform for discussion and eliminates the confusion often surrounding vendor qualification dialogue.
The VAST maintains secure “Compliance Files” for each contractor who engages through the VAST process. Audit defense has never been easier.
To learn more about how the VAST can improve your business’s contractor engagement process, contact MBO Partners today at 703-793-6000 or [email protected].