Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Streamlining adherence to contractual commitments while integrating all decision-makers safeguards significant CAPEX investments, enhances performance, and boosts profitability throughout the asset lifecycle. AVEVA Contract Risk Management is tailored to address the specific demands of Prime Contractors and Owner Operators engaged in the execution of industrial capital projects. This solution facilitates superior decision-making, safeguards financial investments, aligns teams, and increases the profitability of crucial capital investments. Given that capital projects are often fraught with risks, the comprehensive features of Contract Risk Management—including best-practice protocols, claims management, and a proactive alert system—promote heightened efficiency and total project transparency, ensuring constant reassurance. Moreover, users can initiate change requests through preapproved templates, while customizable workflows streamline the routing of these requests to the appropriate parties for assessment and approval. Effectively recognizing the implications of unforeseen changes allows for adequate evaluation time, ultimately contributing to more informed and strategic project management decisions. This proactive approach not only mitigates risks but also fosters a culture of accountability among all stakeholders.

Description

FastDraft is an innovative software solution designed for managing construction contracts, which streamlines contract workflows, mitigates risks, and provides comprehensive visibility throughout the entire process. This tool aids organizations in simplifying contracts across various standards such as NEC3, NEC4, JCT, FIDIC, IChemE, and customized forms, featuring pre-existing workflows that minimize mistakes, manage potential risks, and ensure compliance throughout projects. With its robust support for contract compliance, coaching, and integrated reporting and analytics, FastDraft allows project teams to maintain a centralized record of notices, approvals, decisions, deadlines, and actions. The compliance features are tailored to help teams adhere to regulations while reducing administrative burdens through customizable workflows and templates designed for key contract standards. Additionally, the AI-enhanced coaching capabilities transform project data into valuable insights, enabling managers to replicate successful strategies and foster continuous improvement. Finally, the reporting and analytics functionalities provide teams with real-time, data-driven insights that empower them to monitor progress, make strategic decisions, and keep projects aligned with their objectives.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

AVEVA Enterprise Resource Management Yes 
AVEVA Unified Project Execution Yes 
Asite No 
Autodesk CFD No 
COINS No 
Microsoft Outlook No 
Oracle Aconex No 
Oracle Primavera No 
Viewpoint Field Management No 

Integrations

AVEVA Enterprise Resource Management No 
AVEVA Unified Project Execution No 
Asite Yes 
Autodesk CFD Yes 
COINS Yes 
Microsoft Outlook Yes 
Oracle Aconex Yes 
Oracle Primavera Yes 
Viewpoint Field Management Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

AVEVA

Founded

1967

Country

United Kingdom

Website

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

Vendor Details

Company Name

Built Intelligence

Founded

2012

Country

United Kingdom

Website

builtintelligence.com/fastdraft/

Product Features

Contract Management

Buy Side (Suppliers) Yes 
Completion Tracking Yes 
Compliance Tracking No 
Contract Lifecycle Management Yes 
Electronic Signature No 
Full Text Search Yes 
Government Contracts Yes 
Pre-built Templates Yes 
Sell Side (Customers) No 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

Product Features

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking No 
Contract Lifecycle Management No 
Electronic Signature No 
Full Text Search No 
Government Contracts No 
Pre-built Templates No 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control No 
Workflow Management No 

Alternatives

Contract Bee Reviews

Contract Bee

Digital Beehive
Carizma Reviews

Carizma

Axicos