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Description
The Pims Contract Management module effectively registers, oversees, and tracks various project commitments, including contracts, sub-contracts, purchase orders, framework agreements, and call-offs. Gaining a comprehensive view of all contracts and their associated details is crucial for any project, and the Contract Management feature provides this essential perspective. With all relevant information organized systematically, projects benefit from enhanced oversight of categorized commitments, contract modifications, key milestones, and the implementation plans along with actuals related to each contract. Utilizing this module in conjunction with the Cost Management module equips you with both a broad overview of the project and in-depth insights into individual contracts. Additionally, by monitoring contract forecasts alongside all commitments, a solid foundation for the overall project forecast is established. This integration allows procurement teams and cost engineers to collaborate seamlessly within the same system, enabling them to effectively manage commitments and the funding associated with each commitment while ensuring project success. Ultimately, this holistic approach enhances decision-making and promotes accountability throughout the project lifecycle.
Description
A Committed Cost refers to the responsibility of making a payment for a product or service at a designated time in the future. It’s advisable to consider all contracts for goods and services, including verbal agreements, as committed costs as the services are rendered. Begin your journey today by funding your CommittedCost Software Account, and watch your balance decrease with each Daily Report you submit. You will receive a notification to top up your account when your balance dips below $200. For a nominal fee, we will assist in creating your AFE templates, Cost Center Templates (Op-Ex), and even set up your AFE’s (Budgets). You can expect to be operational within just a few hours after setup. With this efficient system, managing your costs becomes a seamless experience.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
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
Omega
Founded
1992
Country
Norway
Website
omega.no
Vendor Details
Company Name
CommittedCost
Founded
2015
Country
Canada
Website
committedcost.com
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
Change Management
Approval Workflow
Audit Trail
Automated Notifications
Change Calendar
Change Planning
Compliance Management
Prioritization
Release Management
Task Management
Tracking & Reporting
Training Management