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What is Pims Contract Management?

The Pims Contract Management module serves as a vital tool for registering, monitoring, and tracking a variety of project commitments, such as contracts, sub-contracts, purchase orders, framework agreements, and call-offs. It is essential for any project to have a thorough understanding of all contracts and their details, and the Contract Management feature offers this critical insight. By systematically organizing all pertinent information, projects gain improved oversight regarding categorized commitments, contract changes, key milestones, and the execution plans along with the actuals tied to each agreement. When combined with the Cost Management module, this feature provides both a comprehensive overview of the project and detailed insights into individual contracts. Moreover, keeping an eye on contract forecasts alongside all commitments lays a strong groundwork for the overall project forecast. This integration fosters seamless collaboration between procurement teams and cost engineers within the same platform, allowing them to efficiently oversee commitments and the funding linked to each one while ensuring project success. Additionally, this cohesive strategy not only enhances decision-making but also fosters accountability across the entire project lifecycle. Ultimately, a well-managed contract system can significantly contribute to achieving project goals and improving overall performance.

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

Integrations Supported

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

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Omega

Date Founded

1992

Company Location

Norway

Company Website

omega.no

Company Facts

Organization Name

Built Intelligence

Date Founded

2012

Company Location

United Kingdom

Company Website

builtintelligence.com/fastdraft/

Categories and Features

Contract Management

Completion Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Pre-built Templates
Workflow Management

Categories and Features

Contract Management

Not specified

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