Plant Hire Contractor Fraud – is your company really safe:

iSearchplant (Pty) Ltd, today made an announcement that could and will definitely change the manner in which plant hire firms to the Mines and the Construction industry market themselves online. Market research was conducted on top 15 plant hire and suppliers to the industry and it was found that on average per month only between these 15 companies a figure of R150,000.00 per month is paid out to Google Adds words just to rank highest on Google. The terms Plant Hire is estimated to be utilized by these companies to push themselves forwards on top. Not with standing towards this and line with this. iSearchplant Founder CEO Gerhard Marais said that it is understandable how these companies can pay out on these as the dividends in itself pays out per hire per machine.

However, in keeping to the Mandate of the company the following considerations is going to take place. We have advertised that we can provide R35,000.00 of value to subscribers on the platform with a fee as low as R280 per month. In standing with this we will look at other avenues to provide more value to subscribers.

One option we have looked into was to close the entire platform just for interested parties to source their equipment from. In standing with this, we have taken the privacy of our subscribers very seriously and will not sacrifice nor will we put their companies in harm way. It is clear as well that with recent Tender fraud we did approach a certain well known Construction Firm listed on the JSE via email and we did send the required information on how safe the Platform is. It was their documentation that was fraudulently made up by the fraudsters after all? (Just ask around in the Industry)

By doing so we did notify this company via invitation to register on the Platform. Many Plant Hire companies lost expensive equipment. In notifying them we hoped that they will see the benefit and the light. Up until today no response has been received from them. So how safe are Plant Hire Contractor companies really then?

So the big question? How safe are you with your client that is contracting you in to perform the required function they are hiring you in for. Based on initial review we Risk Ranked this issue. And if you as a Plant Hire Contractor Supplier business is happy to go ahead with a 3 out of 10 then you are more than welcome to keep on doing business in the manner you have been doing it. Note 1 – 3 equals High Risk this is after all the current conditions South African business climate we operate in.

So we come back to iSearchplant and what it can offer the Plant Hire Supplier industry. Simply put this platform has been designed for the Plant Hire Contractor industry that wishes to minimize Risk towards their Operations, Logistics and Procurement.

See the problem that iSearchplant is solving is the following.

Conventional platforms request you to subscribe but do they add realistic value for money? Sure you can subscribe towards those platform your client wants you to subscribe. But how do you perform a verification on your client?

Yes, we have a verification centre that protect the interest of Plant Hire Contractors and Suppliers

Have you ever thought about that? it may be that you receive a tender, yes? How do you establish that tender is not false or misleading?

You prepare 2 weeks on the documentation etc you lose time and you can also lose money…

iSearchplant has been designed for the subscriber to get the most benefit out of it along with the Procurement official you are directing to your profile to.

Do not be swayed by your client agents you have a right to process information in line with your business risks.

So why opt into iSearchplant then? Simply put we come out of the Plant Hire Contractor industry, we understand the challenges you face each day and the headaches that go along with it. The platform has been designed to streamline your operational requirements in a more streamlined approach. Saving time does equal saving money.

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Author: Business News