Contract Management

Expedite execution

After a contract has been approved, it usually requires the acceptance and signature of numerous parties. This can get complicated, especially when multiple sign-offs are needed from team members stationed all around the country, or even the world.

Enhance performance

Whether adhering to required timing, payment terms, change management processes or even providing visibility to performance en route to achieving predetermined incentives, organisations achieve the visibility needed to drive consistent project success and establish stakeholder trust.

Other highlights

EcoSys’ out-of-the-box capability supports contract management and administration within the same software used to manage and control project costs, changes and performance. Leverage connected data across your enterprise to make more informed decisions and achieve positive business outcomes.

• Associate meeting minutes and action item with project issues.
• Create a complete audit trail between meeting actions, issues and project changes.
• Manage the completion of actions to allow any risks, issues or changes.
• Share lessons learned across the business to allow similar projects, contracts, processes or scenarios to take advantages from past experiences.
• Track and communicate all project safety items in a single platform. Ensure all actions are tracked and closed out quickly.
• Report all safety incidents and issues to understand the necessary process and procedure improvement needs to prevent future incidents.
• Integrate Project and Contract Punch Lists with lifecycle stages.
• Define close out deliverables and pre-requisites for gate review and acceptance.
• Clearly communicate requirements to prevent incomplete submissions.
• Implement RFx management process to identify the best vendors.
• Distribute and receive submittal and transmittal packages using workflow-driven processes.
• Ensure all stakeholders have access to the latest document versions.