Summary: Vantaca helps management companies add, track and manage Service Provider Insurance information with ease, and even offers the ability to generate automated expiration reminders!
Objective: This tutorial article and video will demonstrate how to manage Service Provider Insurance Information through Vantaca’s Service Providers -> Insurance page as well as how to setup automated expiration reminders using Vantaca’s Service Provider Insurance Alert action item.
First, we will start by navigating to the Service Providers -> Insurance page. From here, you can select your Service Provider by clicking the provider name at the top of the page. Once your service provider has been selected, you will see relevant information related to your service provider populate into the Service Provider Header.
Quick Note: The association selection will default to "all associations" when landing on this page.
To add new insurance information, click on the +New Insurance button.
Then, select your type, enter the appropriate account number and expiration date. If Insurance is required for this service provider and you would like automated notifications to be generated as the expiration date is approaching, select the Required checkbox. If the required checkbox is not selected, no Service Provider Insurance Alert reminders will be created for that specific Insurance account. Be sure to click Update in order to save your changes!
Any Insurance accounts that have the required flag selected will initiate alerts to be created through the Service Provider Insurance Alert action item, so let’s talk about how that works!
The Service Provider Insurance Alert action item is designed to be generated at a predefined number of days PRIOR to Insurance expiration so that the relevant parties are notified before the insurance expires. To edit the number of days prior to expiration that the alert is generated, and to edit who the notifications are sent to, we go to the Action Type/ Steps page and search for the action item called “Service Provider Insurance Alert.” For access to this page, and to edit the Service Provider Insurance Alert action item, please contact your system administrator.
The first step of the action item, “Expiration reminder,” can be configured to be sent to the Service Provider or any role within your organization, so to change who the notification is sent to, click “edit on the step and change the role in the “Send To” field accordingly. The Reply To Field defines which role within your organization will be receiving the responses to these alerts, so be sure to assign those replies to the appropriate role, such as AP or the Association Manager.
To change the number of days prior to expiration that these notifications are sent, click “Rules” and set the “Alert criteria (# of days). Setting this field to “30” will mean that this alert is generated 30 days prior to the Expiration date of those Insurance accounts that are flagged as “Required.”
The Duration to Remain at this Step field allows you to define how many calendar days you want to remain in the Expiration Reminder step before advancing to the Expiration Warning step, which can be configured to send out another notification, possibly to additional roles. With the “Alert criteria (# of days) set to 30 and the Duration to Remain at this Step set to “15,” the expiration reminder will be generated 30 days prior to the Expiration Date and will remain in that step for 15 days before advancing to the Expiration Warning step.
From the Expiration Warning step, you can build out steps to automatically notify different roles within your organization as insurance Expiration is reached, with many management companies choosing to notify their AP or Accounting teams once expiration has been reached in order to put a Hold on the service provider once the Insurance has hit its expiration date. For more information on putting a Service Provider on Hold, please reference our tutorial article and video on setting up a new service provider.
You can also setup an email notification for these alerts by going to the menu button and selecting the "Email" option on each individual step you want to send an email for (step 1 and 2). Below is a screenshot showing the menu button as well as sample email content.