Whether you’re looking to attract new business opportunities or have a client who requires you to become Avetta certified, you might be scrambling to understand the process.
Avetta is one of several procurement databases that help ensure contractors and vendors meet rigorous safety standards. While jumping through the (many) certification hoops can seem like a hassle, it often becomes a win-win for everyone. Contractors instill trust in those looking to hire, and those looking to hire can rest assured that their contractors will maintain a safe workplace and meet regulations.
Let’s dive into Avetta versus other procurement databases and how to get and stay compliant.
What is Avetta?
The supply chain has become increasingly complicated in recent years, and understanding its moving parts has never been more important. Avetta, a cloud-based supply chain risk management platform that includes a procurement database, can help you assess, manage, and navigate the difficult terrain of today’s supply chain.
The Avetta procurement database contains data on supplier performance, financial stability, insurance coverage, safety records, and other key metrics that help companies make informed decisions about their suppliers. Using Avetta, companies can streamline their supplier evaluation and management process, reduce risk, and improve supply chain visibility.
Avetta is particularly useful for companies in high-risk industries such as oil and gas, construction, and manufacturing, where suppliers and contractors play a critical role in the success of operations. By using the Avetta procurement database, companies can identify potential risks and take proactive measures to mitigate them, ensuring the safety and reliability of their supply chain.
How Does Avetta Compare to Other Procurement Databases, like ISNetworld® and veriforce?
Avetta, Veriforce, and ISNetworld® are cloud-based supply chain risk management platforms that offer procurement databases to help companies assess and manage their supply chain risks. However, there are some key differences between the two platforms, and they aren’t the only ones.
To begin, Avetta has a broader range of functionality than ISNetworld®. In addition to supplier management and risk assessment, Avetta offers contractor management, safety management, and sustainability reporting features. Some find that these features make Avetta a more comprehensive supply chain risk management solution.
Historically, Avetta has had a more extensive supplier network than ISNetworld®, with over 100,000 suppliers in its database (ISNetworld® has around 70,000). This means that companies using Avetta may have more options when choosing suppliers, which can benefit companies with complex supply chains.
However, ISNetworld® has some features that are unavailable in Avetta, such as a global regulatory reporting tool and a mobile app for managing supplier information on the go. ISNetworld® also has a more established presence in specific industries, such as oil and gas, which many companies have used for several years.
Ultimately, the choice between Avetta, ISNetworld®, or another procurement database will depend on a company's and its clients' specific needs. All platforms have strengths and weaknesses, and companies should evaluate each option carefully to determine which is the best fit for their organization.
How to Get Avetta-Compliant
To start with Avetta, you must create an account and register as a company. Here are the steps you can follow to make the process as smooth as possible:
- Go to the Avetta website and click on the "Request a Demo" button in the top right corner of the page.
- Please complete the form with your contact information, including your name, email address, and phone number. Then, select "Procurement" as the type of solution you're interested in.
- Click on the "Request a Demo" button to submit your information. A representative from Avetta will contact you to schedule a demo and provide more details on the platform.
- The Avetta representative will guide you through the registration process during the demo. You must provide information about your company, including its name, address, and contact information.
- You will also need to provide information about your company's supply chain, such as the types of suppliers you work with and the products and services you procure.
- Once your registration is complete, you can use the Avetta procurement site to manage your supply chain risks. The platform allows you to access the procurement database, conduct supplier assessments, and monitor supplier performance.
It’s important to understand that in addition to the fees associated with using the Avetta platform, there is also a lot of paperwork—and a host of potential snags—to address along the way. That’s where a safety consultant like SafetyPro can make your life much easier.
Related Content: 5 PROCUREMENT DATABASES YOU SHOULD KNOW ABOUT
How Can a Safety Consultant Help?
A safety consultant, like SafetyPro, can be a valuable resource for companies looking to become Avetta compliant and maintain compliance with Avetta's supplier management requirements. Here are some ways that a safety consultant can help:
- Conduct a gap analysis: A safety consultant can review your current supplier management practices and identify any gaps in your processes that must be addressed to meet Avetta's requirements. This can include reviewing your safety policies and procedures, verifying your suppliers' certifications and training, and assessing your overall safety culture.
- Develop a compliance plan: Based on the gap analysis results, a safety consultant can develop a comprehensive plan to help you become Avetta compliant by recommending improvements to your safety policies and procedures, developing a training program for your suppliers, and implementing new safety management systems.
- Provide training and support: A safety consultant can provide training and support to help you implement your compliance plan and ensure that your suppliers are meeting Avetta's requirements. This can include training sessions for your suppliers, ongoing support to answer questions and resolve issues, and audits to verify compliance.
- Monitor compliance: SafetyPro will continuously monitor and update your compliance with Avetta's requirements. This may include conducting periodic reviews of your supplier management processes, verifying your suppliers' compliance, and providing guidance on maintaining compliance over time.
Overall, a safety consultant can be valuable in helping you become and stay Avetta compliant. They can provide the expertise and support you need to manage your supply chain risks effectively and ensure the safety and reliability of your operations. Equally as important, a safety professional takes the substantial administrative burden of getting and staying Avetta-compliant off of your plate so you can focus on growing your business in other ways.
Takeaway: Access New Opportunities with Avetta Compliance
Getting and staying compliant with Avetta or other data procurement sites allows access to new and better-paying clients. By getting certified, you can expand your client base and win new business opportunities. Improved safety and compliance, increased credibility, and a simplified supplier management process are all benefits you can expect from Avetta compliance.
Meeting Avetta compliance requirements can be a significant time commitment, and a safety professional can ensure the process runs smoothly and successfully.
