Capital and Contract Management
InEight Contract simplifies the buyout and creation of contracts and facilitates complete contract management throughout the life cycle of each project. InEight Contract lets you manage all your detailed contract information from supplier selection and buyout through closeout. This includes scope, budget, payments, accruals, issues, change orders, subcontractor communication and much more.
Keep projects moving forward by using InEight Contract to understand unique project variables and manage the entire life cycle of the contract process.
Gain Efficiency in the Field and the Back Office
HAVE A COMPLETE PICTURE OF YOUR PROJECT
Know every scope of work and need-by date to effectively plan for the entire project.
HAVE THE FORESIGHT TO ELIMINATE RISK
Allow field management to be able to take swift action to mitigate risk to the contract value by avoiding or accommodating changes.
GAIN EFFICIENCY IN THE BACK OFFICE
Eliminate the labor-intensiveness and error-prone processing of typical contract management.
Know the Current Status, All the Time
QUICKLY DEFINES REQUIRED SCOPE FOR CONTRACTS,
commitments and purchase orders
IDENTIFY AND Manage VENDOR AND CONTRACT CHANGE ORDERS,
and track change order status through the approval process
ENSURE CONTRACTOR / SUPPLIER COMPLIANCE
with project requirements
PROVIDES STANDARD CONTRACT TYPES,
including lump sum, unit price, time and material and more
MANAGES PROCUREMENT PLANNING
for long lead-time materials and equipment
Payments take up most of my time once the contracts are in the field. I need to be able to efficiently create pay requests, route them for approval and get the information to the back office swiftly and securely.
I need to know that all my contracted materials and services will be ready when the project needs them. For me to reduce risk and optimize the work schedule, I need real-time reporting on procurement activities.
In our support of the owners, we need a way to process change against a contract. If we want to increase or decrease the budget, the change order should be linked to the change request and all the history.
We need a living history of any given project to know exactly what happened that resulted in a change.