Certiblok and Subcontracting Contracts in Construction SMEs: Reducing Fraud Risk

In the construction sector, subcontracting contracts are an essential element for project completion. However, managing these contracts carries certain risks, including the possibility of fraud and manipulation, especially for small and medium-sized construction enterprises (SMEs) that often lack the tools to ensure maximum transparency. In this context, Certiblok offers an innovative solution to reduce the risk of fraud in subcontracting contracts, providing SMEs with a reliable tool for secure document management.

The nature of work in the construction industry often requires collaboration with other companies, frequently for specialized work or to meet project deadlines. Managing subcontracting contracts is therefore crucial to a project’s success, but it is also fertile ground for potential abuses, such as document falsification, unauthorized modification of contract terms, or the employment of uncertified operators. Using Certiblok allows every stage of subcontracting to be safeguarded, from the initial signing to the full execution of the work, thanks to versioning and integrity offered by blockchain technology.

The Certiblok platform facilitates information transparency among all parties involved in the subcontracting process. Contractors can share contracts and updates in real time with subcontractors, site inspectors, and project managers, reducing the risk of misunderstandings or misinterpretations. Every contract modification is precisely tracked, clearly showing who made which change and when. This traceability provides protection not only against fraud but also against human error, improving the efficiency of management processes.

Certiblok also serves as a tool for improving operational efficiency in construction SMEs. Digitalizing subcontracting contracts saves time and resources, eliminating the need for paper copies and reducing document access times. In an industry characterized by often narrow profit margins and constant cost pressures, any opportunity to cut administrative expenses becomes a competitive advantage. Certiblok enables SMEs to optimize contract archiving and sharing processes, giving them greater agility in project management.

In the construction sector, compliance is essential not only to avoid penalties but also to ensure workplace safety and the quality of the projects delivered. With Certiblok, SMEs can ensure all subcontracting contracts are up-to-date and complete, providing the necessary documentation to authorities in the event of checks or inspections. This helps avoid project delays caused by administrative issues and contributes to maintaining high operational standards.

Security in managing subcontracting contracts is also key to building and maintaining trust-based relationships with partners. Subcontractors, suppliers, and clients must be able to rely on the seriousness and reliability of the construction company they collaborate with. Certiblok allows SMEs to demonstrate their commitment to transparency and security, enhancing their reputation and fostering strong, lasting partnerships. In a competitive market like construction, trust can be the difference between securing new contracts or losing them to a competitor.

Reducing the risk of fraud in subcontracting contracts is not only a matter of business security but also of operational continuity and long-term success. Construction SMEs that adopt innovative solutions like Certiblok can face the sector’s challenges with greater confidence, ensuring transparency and protecting all parties involved. This way, they can focus on their core business: delivering high-quality projects that meet client needs and adhere to the scheduled timelines.

 

Gianluigi Michelotto
Co Founder Certiblok

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CERTIBLOK,
LA PIATTAFORMA DRM®
Document Relationship Management,

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