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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
Lack of transparency in contracts can expose businesses to the risk of revenue loss and increased expenses. However, improving oversight of your supplier agreements does not require a massive undertaking and can yield significant benefits. The task of managing and tracking contracts after they are signed presents considerable difficulties. This oversight may result in considerable yearly losses due to contract leakage, unclaimed rebates, and missed deadlines. Rosslyn Contract Manager enhances efficiency by integrating with document scanning tools, enabling full-text search and indexing within contracts to uncover vital financial opportunities like rebates, pricing breaks, and discount thresholds. The platform is also equipped with comprehensive analytical reports, role-specific workflows, and customizable alerts that keep you informed about approaching contract negotiations, expirations, and other critical events. Additionally, it allows you to quickly store, retrieve, and oversee all contracts, ensuring a measurable return on investment within just a few weeks. By streamlining contract management, companies can avoid unnecessary pitfalls and maximize their financial performance.
API Access
Has API
API Access
Has API
Integrations
AVEVA Enterprise Resource Management
AVEVA Unified Project Execution
Alfresco Digital Business Platform
Genpact Cora
PwC Connected Solutions
Integrations
AVEVA Enterprise Resource Management
AVEVA Unified Project Execution
Alfresco Digital Business Platform
Genpact Cora
PwC Connected Solutions
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
AVEVA
Founded
1967
Country
United Kingdom
Website
www.aveva.com/en/products/contract-risk-management/
Vendor Details
Company Name
Rosslyn
Founded
2005
Country
United Kingdom
Website
www.rosslyndatatech.com/solutions/procurement-solutions/contract-management/
Product 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
Product 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