When you digitise contract-related information, you will be able to make quick yet informed decisions if work is not proceeding according to contract documents or easily follow document trails when you need to check on previous contract or payment activities.
The Single Source of Information for Your Contracts, Projects and Payments
Contract Management can be up and running 3 days, so that your company can benefit from these advantages.
Changes made to the original contract specifications are tracked within the Variation Order. It will automatically revise the Contract Sum while maintaining full historical information of changes made.
Claims made by clients are tracked from the submission, right down to approval. Retention amounts are automatically computed, based on contract specifications.
All your sub-contractors’ profile and historical records of contracts awarded will be stored here. You can track progress claims, VOs, Advances, percentage of work done, material on-site, performance bond, bank guarantee, and lots more.
Additionally, advances and debit note listing helps to ensure timely billing and contras before any payments are made to your sub-contractors. Retention (maximum and progressive) computations are also supported and are deducted from progress claims before final payment.
This built-in document management enables digital storage of documents and correspondences. These files can be in Word, Excel, CAD and scanned documents (JPG, PNG) file format. Once online, you can retrieve any documents easily.