Gerard Smith

GRMS validates and monitors data points and documents

There is no longer a need to collect Certificates of Insurance from suppliers

The process is much simpler and SIGNIFICANTLY less expensive

GRMS is the recognized leader in providing global enterprise-wide supplier risk assessment programs of suppliers, contractors and service providers in over 120 countries.

GRMS leverages an advanced technology platform to provide a risk assessment service that provides customizable programs globally. GRMS offers companies the ability to proactively manage and continuously monitor suppliers. 

**The primary difference between GRMS and data only providers like D&B, Thompson Reuters, etc. is that GRMS is not a “data source or searchable database” but rather we are a “technology driven service company”.**

Data source companies provide inexpensive raw data which has not been adjudicated and they do not validate documents. GRMS’ services include the adjudication of data, physical review of documents and a support system that assists suppliers to get into compliance with their client’s risk assessment requirements.
 
GRMS’ proprietary technology platform allows clients to easily monitor and report the overall risk ratings of all of their suppliers in real time and managed in one secure location.
 
One of the unique features of GRMS'  proprietary platform named Veritas is that it allows many individual risk components to be continuously monitored. Client users are alerted to any changes in the risk rating for these components. Suppliers are also provided a Veritas supplier portal which allows them to easily update information, submit documents and manage their compliance.
 
GRMS has created eight primary modules that are comprised of a subset of risk components targeting key areas of supplier risk. Each client can select the modules and/or components which best meets their needs based on factors such as geography, risk and spend. 

As part of GRMS’ Digital Insurance Verification module, GRMS has built live data integrations between GRMS and the companies providing proof of insurance. Using this technology, GRMS digitally pulls insurance verification data directly from the databases of insurance providers and continuously monitors the data against our client’s requirements essentially **eliminating the need to request a Certificate of Insurance (COI) from suppliers.**

If the supplier’s insurance provider is a member of our network, our client will have real-time verification of the Supplier's insurance coverage and compliance. The GRMS Veritas platform will immediately alert our clients to any problems, including cancellations, expirations or reductions in coverage.
 
For the Health and Safety module GRMS, along with a team of safety professionals, has created a comprehensive HSE program that is significantly less expensive and much easier to complete than the Avetta and ISNetworld programs.

**HSE Program highlights include:**

- Safety Manual Review

- Training Log Collection

- Hazard Identification Survey

- OSHA 300 Log Collection

- OSHA Metrics Reporting and Rating

- Experience Modification Rate (EMR) Collection


GRMS

GRMS is the recognized leader in providing global enterprise-wide supplier risk assessment programs of suppliers, contractors and service providers in over 120 countries. GRMS leverages an advanced technology platform to provide a risk assessment service that provides customizable programs globally. GRMS offers companies the ability to proactively manage and continuously monitor suppliers. GRMS’ services include the adjudication of data, physical review of documents and a support system that assists suppliers to obtain compliance with a client’s risk assessment requirements.