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What is FastDraft?

FastDraft is a cutting-edge software solution crafted for the management of construction contracts, designed to streamline workflows, reduce risks, and enhance overall visibility throughout the contract lifecycle. This tool assists organizations in simplifying contracts across a variety of standards, including NEC3, NEC4, JCT, FIDIC, IChemE, and bespoke forms, incorporating pre-built workflows that decrease errors, manage risks effectively, and ensure compliance during projects. With its strong emphasis on contract adherence, coaching, and integrated reporting and analytics, FastDraft empowers project teams to maintain a unified record of notices, approvals, decisions, deadlines, and actions. The compliance capabilities are specifically structured to assist teams in meeting regulatory requirements while alleviating administrative tasks through customizable workflows and templates tailored for essential contract standards. Furthermore, the AI-driven coaching features turn project data into actionable insights, enabling managers to replicate successful approaches and promote ongoing enhancement. In addition, the reporting and analytics tools furnish teams with real-time, data-centric insights that empower them to track progress, make informed decisions, and ensure that projects remain in alignment with their goals. This holistic approach not only enhances efficiency but also fosters a culture of proactive management within construction teams.

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.

Media

Media

Integrations Supported

AVEVA Enterprise Resource Management
AVEVA Unified Project Execution
Asite
Autodesk CFD
COINS
Microsoft Outlook
Oracle Aconex
Oracle Primavera
Viewpoint Field Management

Integrations Supported

AVEVA Enterprise Resource Management
AVEVA Unified Project Execution
Asite
Autodesk CFD
COINS
Microsoft Outlook
Oracle Aconex
Oracle Primavera
Viewpoint Field Management

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

Built Intelligence

Date Founded

2012

Company Location

United Kingdom

Company Website

builtintelligence.com/fastdraft/

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

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

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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