Valard Construction partnered with Avetta to streamline subcontractor management, accelerate onboarding, and enhance compliance, achieving US$30K+ in savings and over 50% supplier adoption while reducing incident rates.
The Challenge
Valard’s existing subcontractor management system allowed day-to-day operations but lacked statistical perspective. The company needed greater visibility into subcontractors and suppliers, along with a faster, more transparent onboarding process. Manual document audits and monitoring processes created inefficiencies and limited oversight, making it difficult to reduce risk and ensure compliance at scale.
The Solution
Valard implemented Avetta’s subcontractor management suite after using a competitor’s system. Avetta provided:
- A single, adaptable supply chain platform for risk tracking and supplier visibility
- Supplier Prequalification to digitize and expedite onboarding, reducing duplication and errors
- Supplier Audits to verify certifications and safety program requirements, with detailed reports and recommendations
- Global expertise and scalability aligned with Valard’s growing international presence
The Results
With Avetta, Valard achieved faster, more efficient subcontractor management, improved compliance, and reduced risks. Key outcomes include:
- Over US$30K in savings by reducing onboarding costs and process fragmentation
- Greater than 50% supplier adoption of Avetta Connect for centralized information
- Lower TRIR (Total Recordable Incident Rate) through better auditing and monitoring
- Optimized supply chain with reduced manual effort and time spent on compliance tasks
- Improved visibility and reporting across all subcontractor information