Case Study: Cadence McShane Construction improves compliance and saves $45,000 annually with myCOI

Cadence McShane Construction generates nearly $50,000 in annual cost savings while improving compliance more than 30% in six months with myCOI

Cadence McShane Construction, a Texas-based construction firm, faced a significant challenge in scaling its subcontractor compliance process. Their rapid growth to over 880 vendors made a manual, third-party review system inefficient, yielding only a 60-70% compliance rate and creating project delays. The company partnered with myCOI to find a more effective and scalable solution for managing certificates of insurance.

myCOI implemented its automated compliance management platform, which streamlined tracking, eliminated manual reviews, and integrated with the company’s existing Procore software. This improved communication and provided expert support. As a result, Cadence McShane improved its compliance rate to 90% within six months, even while adding more subcontractors. The solution also generated significant time savings, allowing a key employee to focus on new projects and creating approximately $45,000 in annual cost savings for the company.

Cadence McShane Construction

John Schmidt

Vice President of Health, Safety, & Environmental