BuildPass Makes Subcontractor Insurance Renewals Easy

As 30 June approaches, construction professionals and subcontractors can find themselves in a chaotic period managing multiple projects, while needing to stay on top of their insurance obligations and taxes.?

And if you’re anything like me, being properly prepared for this important time of year can be a challenge!

That said, the significance of staying on top of your workplace insurance and remaining compliant at the beginning of each new Financial Year (1 July) cannot be overstated.

Otherwise, you can risk fines, potential legal issues and reputational damage when an unexpected incident occurs.

Traditional paper-based systems or spreadsheets are clunky, very time-consuming and more susceptible to mistakes. This can make it difficult to maintain accurate records, adding unnecessary complications and frustration to the tax time rush.

So, how can BuildPass help?

Our digital platform harnesses the power of automation to manage the collection of new insurances from every contractor on your site.

When facilitating these administrative tasks digitally, business owners and project managers put many hours back into their day, while also reducing chances of human error that could unknowingly expose their business to serious ramifications in the new Financial Year.

Once these important documents have been sourced, they are stored on a centralised digital portal and can be easily accessed via mobile devices, should an incident occur on your site.

While it might be an old cliché, any self-employed construction professional knows that ‘time is money’.

And by utilising considered digital tools like BuildPass, building professionals can put more time back in their day – which is better spent on project management, customer relations and growing their business.

If you would like to arrange a trial of our subcontractor insurance management software as the end of FY23 draws closer, or any of the other innovative construction technology products available through BuildPass, please connect with us online at www.buildpass.com.au.