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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.
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
$100/month/5 verifications
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
BlockTec Software
Date Founded
2023
Company Location
Australia
Company Website
www.correctwill.law
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