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What is Contriqo by Perfomir?

Contriqo, created by Perfomir, represents a cutting-edge platform that utilizes artificial intelligence to analyze contracts and assess associated risks, specifically designed for teams working on construction and infrastructure initiatives. This tool aids a variety of stakeholders, including those in commercial, project, legal, risk management, and executive roles, in thoroughly examining contract documents to pinpoint risks at the clause level, understand notice requirements, and reveal potential claim avenues before they escalate into issues during project execution. Contriqo provides functionalities for both pre-award contract evaluations and continuous risk oversight throughout the project delivery phase. Users can effortlessly upload contracts, gain structured insights regarding risks, evaluate key obligations, monitor contractual events, and employ executive dashboards that highlight significant risks, patterns of commercial exposure, and urgent concerns that require attention. The platform proves particularly advantageous for professionals such as construction contractors, infrastructure asset owners, consultants, project directors, commercial managers, contract managers, and legal and risk management teams, establishing itself as a vital resource in their operational toolkit. By incorporating this advanced technology into their workflows, organizations can not only refine their decision-making processes but also enhance overall project outcomes, ensuring that potential issues are addressed proactively rather than reactively. As a result, Contriqo fosters a more efficient and risk-aware environment in the management of construction and infrastructure contracts.

What is AVEVA Contract Risk Management?

Optimizing compliance with contractual obligations while connecting all decision-makers is crucial for protecting substantial capital investments, improving operational efficiency, and increasing profitability during the asset's entire lifecycle. AVEVA Contract Risk Management is specifically designed to meet the unique needs of Prime Contractors and Owner Operators involved in industrial capital projects. By enhancing decision-making processes, protecting financial resources, unifying project teams, and increasing the profitability of key capital investments, it effectively tackles the difficulties encountered in capital project delivery. Since capital projects are often fraught with risks, the comprehensive elements of Contract Risk Management—such as best-practice frameworks, claims handling, and a proactive notification system—promote higher efficiency and complete transparency throughout the project's course, instilling confidence in stakeholders. Additionally, the process of initiating change requests is made easier with the use of pre-approved templates, while tailored workflows guide these requests to the relevant parties for careful consideration and approval. This allows for a detailed evaluation of the consequences stemming from unexpected changes. By employing this organized strategy, potential disruptions are significantly reduced, enabling teams to manage complexities with assurance and thereby securing successful outcomes for their projects. Moreover, this systematic methodology not only supports effective communication but also cultivates a collaborative environment that enhances overall project success.

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Integrations Supported

AVEVA Enterprise Resource Management
AVEVA Unified Project Execution

Integrations Supported

AVEVA Enterprise Resource Management
AVEVA Unified Project Execution

API Availability

Has API

API Availability

Has API

Pricing Information

$1,490/year
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Perfomir

Date Founded

2024

Company Location

Australia

Company Website

perfomir.com.au

Company Facts

Organization Name

AVEVA

Date Founded

1967

Company Location

United Kingdom

Company Website

www.aveva.com/en/products/contract-risk-management/

Categories and Features

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

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