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Average Ratings 0 Ratings

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ease
features
design
support

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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

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 

Screenshots View All

Screenshots View All

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 

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