The decision to hire a third-party inventory service like Archer Inventory instead of completing personal property inventories in-house can depend on various factors, and it's important to carefully evaluate the specific needs and circumstances of the adjuster and the organization. Here are some reasons why companies, independent adjusters, and public adjusters might find it smarter to hire a specialized inventory service:

Expertise and Efficiency

• Inventory specialists like Archer Inventory often have expertise in documenting and valuating personal property across various industries and types of losses.
• Their experience can result in more efficient and accurate inventory assessments compared to in-house teams that may lack specialized knowledge.

Time Savings

• Third-party inventory services can save adjusters and their teams valuable time, allowing them to focus on other critical aspects of the claims process.
• Inventory specialists are trained to work efficiently and can complete the task more quickly than internal teams that may need to juggle multiple responsibilities.

Resource Allocation

• Outsourcing the inventory process allows adjusters to allocate their internal resources more effectively, especially during peak periods or when facing a high volume of claims.
• This can lead to better utilization of in-house staff for tasks that require their specific skills and expertise.

Technology and Tools

• Inventory services often have access to advanced technology and tools for cataloging and documenting personal property.
• Utilizing specialized tools can result in more accurate and comprehensive inventories, potentially leading to better claim settlements.

Scalability

• During periods of increased workload, such as after a natural disaster, a third-party inventory service can scale its operations quickly to meet the demand.
• This scalability may be challenging for in-house teams to achieve without significantly impacting their regular workflow.

Objectivity and Independence

• Third-party inventory services can provide a level of objectivity and independence in the assessment process, reducing potential conflicts of interest.
• This objectivity can enhance the credibility of the inventory assessment in the eyes of policyholders and other stakeholders.

Compliance and Documentation

• Inventory specialists are often well-versed in industry regulations and compliance requirements, ensuring that the inventory process meets necessary standards.
• Proper documentation is crucial for a smooth claims process, and inventory services can help ensure that all necessary information is captured and recorded accurately.

Ultimately, by relying on the help of a third-party inventory service, claims professionals can secure better outcomes, faster, and increase bandwidth. By relying on a trusted partner like Archer Inventory, clients are assured of the professional service and expertise that is often difficult to find.

If you have any project needs, from physical inspection to total loss recreation inventories, Archer is an industry leader. Call today 888-817-3482 or visit us on the web at ArcherInventory.com