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Vendor Management

Build and manage your network of trusted maintenance vendors and contractors in Syndik.

Adding New Vendors
Step-by-step process for onboarding new vendors to your network
1

Navigate to Vendor Management

Go to the Maintenance section and select “Vendors” from the menu, then click “Add New Vendor”.

2

Basic Information

Enter company name, contact person, address, phone number, email, and website information.

3

Service Categories

Select the types of services the vendor provides (plumbing, electrical, HVAC, etc.).

4

Upload Documentation

Add licenses, insurance certificates, certifications, and any required compliance documents.

5

Set Rates and Terms

Configure hourly rates, minimum charges, emergency rates, and payment terms.

Vendor Profiles and Information
Comprehensive vendor profile management for easy access to important information

Contact Information

  • • Primary and emergency contact numbers
  • • Email addresses for different departments
  • • Physical business address
  • • Service area coverage map

Business Details

  • • Company registration and tax ID
  • • Years in business and experience level
  • • Number of employees and capacity
  • • Operating hours and availability

Service Capabilities

  • • Detailed service categories and specialties
  • • Equipment and tools available
  • • Emergency service availability
  • • Capacity for large projects

Notes and History

  • • Internal notes and observations
  • • Work history and completed projects
  • • Performance reviews and feedback
  • • Special instructions or preferences
Managing Credentials and Insurance
Track and maintain vendor licensing, certifications, and insurance coverage

Required Documentation

Business License

Current business operating license

Trade Licenses

Specialized trade certifications

General Liability

Minimum $1M coverage recommended

Workers' Compensation

Required for vendors with employees

Automated Tracking

  • • Set up expiration date alerts for licenses and insurance
  • • Automatic email reminders 30, 60, and 90 days before expiration
  • • Document upload requirements for renewals
  • • Compliance status dashboard for quick overview
  • • Automatic vendor suspension for expired critical documents

Compliance Tip: Regularly review local licensing requirements as they can change, and ensure all vendors meet current standards.

Vendor Categories and Specialties
Organize vendors by service types for efficient work order assignment

Plumbing Services

  • • Repair and maintenance
  • • Emergency services
  • • Installation and replacement
  • • Drain cleaning

Electrical Services

  • • Wiring and outlets
  • • Lighting installation
  • • Panel upgrades
  • • Emergency electrical

HVAC Services

  • • System maintenance
  • • Repair and replacement
  • • Filter replacement
  • • Duct cleaning

General Maintenance

  • • Handyman services
  • • Appliance repair
  • • Painting and drywall
  • • Flooring

Landscaping

  • • Lawn care
  • • Tree and shrub care
  • • Snow removal
  • • Irrigation systems

Cleaning Services

  • • Move-out cleaning
  • • Deep cleaning
  • • Carpet cleaning
  • • Window cleaning
Performance Tracking and Ratings
Monitor vendor performance and maintain quality standards

Performance Metrics

Response Time

Average time to respond to work orders

Completion Rate

Percentage of work orders completed on time

Quality Rating

Average quality score from inspections

Cost Efficiency

Comparison of costs to market rates

Rating System

Excellent (4.5-5.0) - Top performer
Good (3.5-4.4) - Reliable service
Average (2.5-3.4) - Needs improvement

Feedback Collection

  • • Automatic surveys sent after work completion
  • • Property manager quality assessments
  • • Resident satisfaction feedback
  • • Internal team performance reviews
Preferred Vendor Programs
Establish preferred vendor relationships for consistent quality and pricing

Preferred Vendor Benefits

Priority Assignment

First consideration for new work orders

Volume Discounts

Negotiated rates for bulk work

Extended Terms

Longer payment terms and credit limits

Exclusive Opportunities

Access to large projects and expansions

Qualification Criteria

  • • Minimum performance rating of 4.0 stars
  • • Consistent on-time completion rate above 90%
  • • Valid licenses and insurance with no lapses
  • • Competitive pricing within market range
  • • Positive long-term relationship history

Contract Management

  • • Annual service agreements with preferred terms
  • • Pre-negotiated rates for common services
  • • Performance guarantees and service level agreements
  • • Regular quarterly business reviews
Vendor Communication
Effective communication strategies for vendor relationships

Communication Channels

Phone & SMS

Emergency and urgent communications

Email

Work orders and documentation

Portal Access

Self-service vendor portal

Regular Communications

  • • Monthly performance review meetings
  • • Quarterly business review sessions
  • • Annual vendor appreciation events
  • • Training sessions on new procedures or systems
  • • Regular updates on property portfolio changes

Documentation Standards

  • • All work order communications logged in system
  • • Photo documentation requirements
  • • Standardized reporting formats
  • • Digital signature requirements for completion