For every Folio template that is contract related, a Folio administrator can set up “Eligibility Criteria”. A typical example of Eligibility Criteria would be Professional Indemnity Insurance of a certain value for the Entity or particular qualifications/certifications for the Service Provider.
When you create a new contract, these eligibility criteria are then matched with the Credentials of the Supplier or Service Provider. If the Supplier or Service Provider (“Entity”) does not have the Credentials required to meet the Eligibility Criteria for the contract, the person responsible for the contract can either:
- Request the Credentials directly from the Entity (e.g.: Service Provider or Supplier); or
- Upload the Credentials directly if they are already being stored elsewhere; or
- Mark the Credential as “not required" for the contract.