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What is Open Contract Manager (OCM)?

Open Contract Manager (OCM) is an open-source contract management solution built on the Alfresco platform, designed to help organizations create, evaluate, manage, and finalize agreements with vendors and suppliers. This adaptable platform can be implemented in the Cloud with a usage-based pricing model or installed on-premises via an Alfresco Enterprise Edition subscription, offering companies the necessary scalability and adaptability. For a major banking institution in Singapore, we crafted a customized Contract Management and Procurement system that greatly improved operational efficiency by integrating tax and legal regulations from over five Asian nations, supporting three languages, and achieving an impressive 70% decrease in total cost of ownership when compared to proprietary technology systems. Furthermore, we successfully transitioned more than 5000 legacy contracts using an automated migration tool, showcasing our technical capabilities. Our clients have experienced significant advantages from our expertise, which we detail in our extensive literature. Additionally, we provide a repository of components, frameworks, and products aimed at expediting deployments, helping organizations swiftly respond to their contract management requirements. Our goal is to empower businesses to optimize their contract processes, enhance efficiency, and ultimately drive better results in their operations. This commitment to excellence is reflected in the continuous improvements we strive to implement for our clients.

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.

Media

Media

Integrations Supported

Asite
Autodesk CFD
COINS
Microsoft Outlook
Oracle Aconex
Oracle Primavera
Viewpoint Field Management

Integrations Supported

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

CIGNEX

Date Founded

2000

Company Location

United States

Company Website

www.cignex.com

Company Facts

Organization Name

Built Intelligence

Date Founded

2012

Company Location

United Kingdom

Company Website

builtintelligence.com/fastdraft/

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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