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Scenic Drive to Sedona Highlights Rebuilding of America
KENNETT SQUARE, Pa., Dec. 1 /PRNewswire/ -- Driving North from Phoenix, Arizona to Sedona -- the town known for rustic red rock formations in breathtaking Oak Creek Canyon -- one notices numerous construction projects along Highway 17. The drive into Sedona on Route 179 passes through spectacular Cathedral Rock and Bell Rock. Again, we see more construction -- the rebuilding of a once sleepy town with new roads and sidewalks to better welcome tourists who support local businesses.
Recent government stimulus spending is focused on infrastructure projects around the country -- and the dozens of Caterpillar and Deere front-loaders, cranes and other construction equipment in Arizona is evidence. These projects involve hundreds of contractors and subcontractors, all who must maintain up-to-date insurance coverage for the equipment they rent, their employees and business risks. The municipalities who contract them, the dealers who rent to them and the corporations who hire them all require proof of insurance. What happens once the insurance certificate is provided varies.
"Most companies require proof of insurance, but then fail to track policy expirations or other requirement changes. Some of these policies may be cancelled, lapse or have coverage levels reduced to save costs," said Phyllis Recca, CEO of GG-One Software. "Companies could be held responsible for substantial damages caused by uninsured contractors including lawsuits resulting in multi-million dollar liabilities. The need to manage insurance certificates can be handled easily using our software. Empire Southwest of Mesa, Arizona recently purchased iFastrack to help manage contractor insurance certificates presented when renting Caterpillar equipment from their many dealers throughout Arizona and other southwest locations. Our software is part of their solution and we are proud to help in the rebuilding of America."
Fastrack is the leading software package for tracking insurance certificates and contracts. With this user-friendly system, policy expirations, limit amounts and additional terms are easily tracked against custom insurance requirements. By selecting Fastrack, clients can reduce their risk from uninsured contractors while saving time, money and effort. In this difficult business environment, companies can't afford the risk and potential costs of hiring uninsured contractors who might expose them to huge lawsuits, future liabilities and additional premiums.
Fastrack allows you to:
- Manage contracts including expiration dates, bonds, financials and milestones/action items
- Track insurance certificates including policy expirations, limit amounts, additional terms and carrier ratings
- Save time on follow-up of certificates by automatically generating non-compliance letters
- Reduce risk from assuming uninsured contractors exposure by ensuring policies are current and meet limit requirements
- Eliminate additional premiums at audit time, from undocumented contractors
GG-One Software's flagship Fastrack product has been used for over 15 years by major companies throughout all industries and has become a critical component of their risk management program. With iFastrack, companies can have access to state-of-the-art software for tracking their insurance certificates and contracts from offices anywhere in the world. There is no reason for companies to assume the unnecessary and substantial risk of uninsured contractors. Implementing a comprehensive tracking system can limit their liabilities while improving efficiency, saving time, money and effort.
GG-One Software, Inc.
GG-One Software, Inc. is a leading provider of software to track contracts and insurance certificates. GG-One Software's solutions help manage the risk of uninsured contractors, provide critical contract information to project managers and help companies achieve a "paperless office." Founded in 1994, GG-One Software serves companies and government agencies across the U.S. and Canada. Visit http://www.ggonesoftware.com/ or call 1-866-832-0931 for more information.
CONTACT: Phyllis Recca, +1-866-832-0931, precca@ggonesoftware.com
Website: http://www.ggonesoftware.com/
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE GG-One Software, Inc.
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