Cornerstone Support Assessment Services Program
Develop a Licensing Matrix
Developing a consistent licensing matrix that becomes the standard by which to measure statutory compliance is critical to managing a review process designed to mitigate exposure.
Cornerstone Support can assist in developing the initial licensing matrix and monitoring pending legislation and possible regulatory opinions.
Initial Licensing Audit
Cornerstone Support performs an initial audit and prepares an initial compliance report for all partner agencies. The report identifies where a partner agency is currently licensed as well as any gaps that may exist in their statutory compliance.
All licensing information is obtained directly from the appropriate state department (do not rely on copies of licenses). Any gaps identified are confirmed with the partner agency.
Remedy Licensing Deficiencies
Gaps or licensing deficiencies identified in the initial licensing audit are handled by Cornerstone Support through its initial licensing department.
Cornerstone Support will generate and complete all necessary applications, supplements, and questionnaires as well as setup registered agents, resident managers, and remote offices as required.
Cornerstone Support will also submit the necessary documents to the appropriate state offices and then follow-up as needed.
Clients will have access to online progress reports and be immediately notified by email when the license has been obtained.
Cornerstone Support will independently monitor the licenses held by your partner agencies. All licensing information is obtained directly from the state. We do not rely on unverified information (i.e. copies of a license) provided by a partner agency.
Secure web interface will be provided for real-time online management reporting that will include:
Consolidated Licensing Summary – Dashboard that provides a consolidated summary of all partner agencies current licensing status.
Vendor Compliance Report – The system allows clients to drill down to a real-time compliance report (license numbers and expiration dates) for all partner agencies.
Gap Reporting – Summary of licensing gaps by partner agency and email alerts identifying important changes to the status of any debt collection license.