Intelligent Contracts for Facilities Management

What it does: Intelligent contracts streamline complex facility management projects by transforming traditional, paper-based contracts into digital, real-time data you can trust.

In today’s complex facilities management landscape, traditional paper-based contracts are a recipe for inefficiency and frustration. They create data silos, hinder transparency, and make it difficult to track performance and identify areas for improvement. But what if there was a better way? Enter intelligent contracts – a revolutionary approach that streamlines facility management by transforming your contracts into a trusted source of real-time data.

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Key Features

  • Analyses data from contracts and suppliers to provide insights on performance.
  • Tracks performance against SLAs (Service Level Agreements).
  • Helps ensure your supply chain aligns with your corporate and ESG goals (environmental, social and governance).
  • Provides visibility into social value metrics within your supply chain.
  • Integrates with various data sources (likely including sensors).
  • Offers dashboards for easy access to insights.
  • Uses AI to identify areas for improvement or potential risks.

Pain Points Solved:

  • Fragmented Data & Inconsistent Reporting: Eliminates the need for manual data consolidation from spreadsheets across multiple locations. Standardised reporting based on international benchmarks (ISO, BSI) ensuring consistency.
  • Lack of Transparency & Accountability: Provides real-time performance data, highlighting potential issues and areas where suppliers might not be meeting Service Level Agreements (SLAs). Increases accountability across the entire supply chain.
  • Hidden Costs & Inefficiencies: Enables data-driven decision making, allowing for cost savings and improved efficiency through automated reporting and identification of bottlenecks.
  • Guesswork & Delays: Provides a "single source of truth" for all contract information, eliminating the need for manual data manipulation and guesswork.Enables faster and more informed decision-making due to real-time data access.

Key Benefits

Financial Benefits

  • Reduced administrative costs through automation and standardised reporting.
  • Improved cost control through real-time performance monitoring and identification of potential cost overruns.
  • Able to identify commonalities with operational and supply chains, identifying inefficiencies and promoting a circular approach that reduces cost.

Environmental Benefits

  • Improved energy efficiency through better facilities management practices identified by real-time data.
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