Construction Contract Management
Manage the contract lifecycle
InEight® Contract Management enables you to manage both prime and subprime contracts while keeping all your financials up to date. Our comprehensive software puts you in the driver’s seat, equipping you with the tools you need to manage the entire lifecycle of your project.
From the pre-contract stage through contract execution and post-award, InEight’s contract management software gives you a streamlined way to monitor the status of your contracts. Manage change orders, back charges, payment verification and workflows, as well as contract closeouts. From the same system, track and manage subcontractors, vendors and material contracts.
Field handlers and project engineers are able to clearly track subcontractor progress, an area that is often obscured due to limited communication between the field and office. Project managers can identify safety or compliance issues and make immediate adjustments to avoid costly mistakes. And contract administrators have all the tools they need to communicate with team members in the office and in the field.
Streamline Your Contracts with InEight’s Contract Management Software
Increase your capacity to take on projects by using our intuitive contract management software. Designed to streamline your process from start to finish, InEight’s contract management software allows every member of your team to collaborate and manage the process with ease.
Track subcontractor progress against the contract and manage supporting documentation. Increase visibility by noting backcharges and tracking issues in the system.
Gain visibility into subcontractor activities & know the status of your project from all angles. Track labor and productivity & compare against project financials.
Enjoy project-level visibility into your financials and track schedule progress. Gain insights from current projects and apply them to other projects in real-time.
Increase daily efficiency by collaborating with all team members in a single platform. Submit payment forms, track contracts and streamline communications.
6 Steps for a Successful Construction Contract Management Workflow
A streamlined contract management workflow allows you to focus on managing the project rather than paperwork. Here’s how to use InEight Contract Management from schedule procurement to contract closeout.
After you’ve estimated and won the project, use InEight’s bid packages module to itemize the scope of work. Group these scopes into bid packages and define key benchmarks.
Award contracts to subcontractors and physical suppliers. Track milestones in the scope of work to keep the project on schedule. Assign responsibilities for each bid package.
Use ERP (Enterprise Resource Planning) integrations to build out the financial portion of the contract and create a system record. Issue purchase orders and calculate costs.
Manage and track contract changes that occur during the project. Add Vendor Change Orders (VCOs), back charges, accruals and receipts. Make adjustments to the scope if necessary.
Initiate contract closeout by assigning responsibility for each closeout section to the relevant personnel. Verify that all the requirements of the contract have been fulfilled.
Conduct a post-mortem. Review the project from start to finish, making note of issues and successes. Confirm final deliverables from suppliers and subcontractors.
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