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Average Ratings 0 Ratings

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ease
features
design
support

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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

Fratera is a procurement-focused platform that brings contract management, supplier relationships and business workflows into one workspace. Built for small and growing teams, it connects the agreement, the supplier and the people responsible for the next decision. Keep contracts and supporting documents in a searchable repository, track renewal and notice deadlines, and manage approvals through delegation-of-authority rules. Send documents for electronic signature and retain the signed copies alongside the contract record. Configurable fields, sections and dropdowns let teams capture the information their organisation needs. A shared supplier view brings together contracts, financial commitments, contacts, legal entities, risks, issues and quarterly business reviews. Negotiation tools help teams establish a baseline, compare successive offers and turn agreed items into a draft contract. Build reusable workflows with forms, questionnaires, conditional steps, approvals and record updates. Assign work to individuals or groups, invite external suppliers to respond, and collect missing contract information from colleagues without granting access to the underlying records. My Work keeps outstanding actions together. AI can extract contract details for review, answer questions about records and contract terms, and provide references to source documents. Proposed changes remain subject to human review. Each customer has an isolated database, with regional hosting and granular access controls. Reports and recorded activity help teams understand commitments, prepare supplier discussions and trace decisions. Readers, approvers and signers are unlimited and free, so participation can extend beyond the core procurement team.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

AVEVA Enterprise Resource Management
AVEVA Unified Project Execution

Integrations

AVEVA Enterprise Resource Management
AVEVA Unified Project Execution

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

4000$/year
Options per editor/procurement user sizing, possibility of monthly options.
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

Fratera s.r.o.

Founded

2026

Country

Czech Republic

Website

fratera.io

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

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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