Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
Fratera is a procurement-focused platform that brings contract management, supplier relationships and business workflows into one workspace. Built for small and growing teams, it connects the agreement, the supplier and the people responsible for the next decision.
Keep contracts and supporting documents in a searchable repository, track renewal and notice deadlines, and manage approvals through delegation-of-authority rules. Send documents for electronic signature and retain the signed copies alongside the contract record. Configurable fields, sections and dropdowns let teams capture the information their organisation needs.
A shared supplier view brings together contracts, financial commitments, contacts, legal entities, risks, issues and quarterly business reviews. Negotiation tools help teams establish a baseline, compare successive offers and turn agreed items into a draft contract.
Build reusable workflows with forms, questionnaires, conditional steps, approvals and record updates. Assign work to individuals or groups, invite external suppliers to respond, and collect missing contract information from colleagues without granting access to the underlying records. My Work keeps outstanding actions together.
AI can extract contract details for review, answer questions about records and contract terms, and provide references to source documents. Proposed changes remain subject to human review.
Each customer has an isolated database, with regional hosting and granular access controls. Reports and recorded activity help teams understand commitments, prepare supplier discussions and trace decisions.
Readers, approvers and signers are unlimited and free, so participation can extend beyond the core procurement team.
API Access
Has API
No
API Access
Has API
Yes
Integrations
AVEVA Enterprise Resource Management
Yes
AVEVA Unified Project Execution
Yes
Microsoft Entra ID
No
Integrations
AVEVA Enterprise Resource Management
No
AVEVA Unified Project Execution
No
Microsoft Entra ID
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$4,000/year
Core starts at $4,000/year for 10 full users, or $400/month with monthly billing. Three editions and four sizes; USD and EUR pricing available. Readers, approvers and signers are unlimited and free. Built-in e-signing is included. Pro SRM adds supplier relationship management, custom workflows and purchasing. A 14-day free trial is available. Prices exclude VAT and applicable taxes.
Free Trial
Yes
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
No
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
Yes
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
Fratera s.r.o.
Founded
2026
Country
Czech Republic
Website
fratera.io
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)
Yes
Completion Tracking
Yes
Compliance Tracking
Yes
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
Yes
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
Yes
Version Control
Yes
Workflow Management
Yes
Vendor Management
Audit Management
Yes
Contact Management
Yes
Customer Database
No
Self Service Portal
No
Supplier Master Data
Yes
Transaction History
No
Vendor Maintained Profiles
No
Vendor Managed Inventory
No
Vendor Performance Rating
Yes
Vendor Qualification Tracking
Yes