Vendor Networks Help Vendors and Property Managers
New apartment communities continue to crop up across the country.
As the boom continues, the need for vendors to service these communities has also increased. Vendor networks can help property managers ensure they are getting the best service, according to an article in Property Management Insider.
For property managers, a network can prequalify vendors by verifying credentials, insurance coverage, background checks and other important paperwork. And a network online platform allows a property manager to handle all transactions, from ordering to invoicing, in one place.
From the vendor perspective, belonging to a network can help broaden the client base and provide trainings or tools to help boost sales. The vendor networks online platform can also integrate with a vendors financial program and provide on-demand sales reporting.