Maintaining a positive cash-flow is essential for a profitable business, and costs incurred due to delays
in the construction, engineering and manufacturing processes, must be quickly recouped. Aremis CM facilitates the fast and accurate
recording and notification of compensation event matters, making the culpable party aware that a claim is imminent.
Reduces administration time on site, provides company senior management with real time monitoring of compensation events raised, and correspondence sent to and received from design teams, employers, subcontractors and suppliers. Good contemporaneous site recording enables better financial settlements to be negotiated.
This Compensation Management system is designed for use in any industry where the delivery of materials, assembly, fabrication or manufacturing processes may be subject to change, and the contractor wishes to record the events leading to the cause of the associated loss and expense, and provide the culpable party with an automated contractually correct compensation event notification.
All documents, photographs and related correspondence are saved onto a 'cloud' for 24/7/365 retrieval. Developed as a contract administration solution as ‘SaaS’ (Software as a Service) which contains the entire software infrastructure necessary to provide uninterrupted service and access from any computer with an internet connection.
Facilitates the accurate recording of delay, disruption and loss and expense related matters, in sufficient detail to recover expended costs. Notifications of delays and loss and expense are recorded on a risk register for ease of retrieval.
Provides contractually correct notification letters and an internal ‘alert’ system designed to beat 'time bar' clauses. Automated prompts allows notification letters to be approved by senior management before sending within the contractual time-bar deadline.
The system facilitates the accurate recording of information, reminders, countdowns and email alerts, to keep teams aware of any outstanding actions.
Hybrid cloud SaaS hosted in UK-based Tier III data centre, hourly back-ups and encrypted data transfers.
Records site entries in a sophisticated diary and keeps accurate records for reference, and prompts user to properly record events.
adaptable to suit individual company requirements to introduce a company-wide standardized contract administration procedure, and can be extended to include other notification procedures such as contra-charge notification and claims management procedures.
Standardizes contract administration and contractual notification processes, reducing the margin for human error. Easily used by less experienced staff, allowing onsite costs to be minimized, whilst the quality of record keeping and notification and management of compensation events is greatly enhanced.
Negates the problems associated with these by providing internal ‘count down’ alerts to ensure contractual notifications are issued in time.
Intuitive step-by-step operation and ‘drop down’ menu based processes, designed to minimize manual input and reduce administration process and time. Allows senior management to easily monitor the project administration processes.
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