Home > Construction Procurement Software

Construction
Procurement Software

The ConWize construction procurement software is an end-to-end solution for planning and managing contractual engagements in construction environments

Manage the entire procurement process digitally

Sending out bid invites

A simple and fast method for sending online tenders to an unlimited number of companies, including the ability to attach a bill of quantity and tender documents without any size, quantity or time limit.

Live monitoring of bid invites

Live monitoring over the tender distribution status for each subcontractor, including indications for: receiving the email, viewing the tender and its docs. In addition, the subcontractor can update whether or not they intend to submit a proposal.

Requests for information
or clarification (RFI)

Sending instant messages to the subcontractors and suppliers, including the ability to send group messages or provide answers to several users (such as winning/not winning messages). Subcontractors can also send back any questions that might arise, all within the system.

Supporting changes during
the tender process

The system supports changes that may occur during the tender, such as changes in bill of quantities, specifications, docs and submission dates.

Bid comparing
and negotiations

Comparing bid proposals, analysing the data according to certain parameters (min/max/avg.), create virtual proposals and assess deviations.

Comparison of alternatives including weighted criteria

Comparing contractors based on defined criterias and weights, enabling you to make smarter decisions.

Budget compliance check

Allocating a budget for the engagement from the project budget. Validating that there is no duplication in the utilization of the budget, checking that the contract meets the budget for the engagement.

Approval of contractual
engagement

A document summarizing the details of the contract, including: selected contractors, the scope of the contract, proposal comparison, details of the budget used, digital signatures within the company to confirm progress in preparing a contract.

Preparation of contract
documents

A paperless digital process for preparing the contract documents ready for signing (including appendices). Connecting all relevant parties within the company (including people on the ground and decision makers). Saving time and simplifying processes within the company.

Digital contract signing

Digital process of signing a contract by the contractor followed by the company managers in a continuous and transparent process.

Connecting the data
to the ERP system

An automatic interface that automatically transfers the data using REST API, from the project to the company’s operational system, thus continuing the process and preventing unnecessary work.

Creating a “plan” for contractual engagement in the project

Planning contractual engagements in the project that need signing with subcontractors, suppliers, and advisors.

Plan and time contractual engagements

Planning contractual engagements in the project that need signing with subcontractors, suppliers, and advisors.

Contractual engagements – company overview

Bird’s eye view of all active projects in the company along with their contractual status and a summary of each work within a certain project.

Сontractual engagements – project overview

Look over each project with useful graphs to show up-to-date statuses, including contractual engagements that have yet to be dealt with.

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of time saved on sending bid invites, tracking status and comparing contractors proposals

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Contractors and suppliers

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Bid invites

Advantages

ConWize helps streamline and simplify procurement processes, enables consistency, early identification of risks and improves project profitability

Tracks progress in real-time of contractual engagements and cost control status for better control of procurement process and risk management in each of the projects

Centralized dashboard to view all company’s projects to identify contractual engagements gaps and to better negotiate with contractors

Standardization of procurement processes in the company that allows to build a central organizational knowledge base, empower execution teams and reduce knowledge gaps.

Simplifies complex procurement processes and frees up time for the execution team to perform important work on the site

Centralized dashboard to view all company’s projects to identify contractual engagements gaps and to better negotiate with contractors

Eases and saves time for subcontractors, allows them to submit bids digitally

Eliminates the need for excel sheets and endless emails

Creates one shared work environment for the entire project team

Project documents management solution in one convenient, accessible and secure place

Frequently Asked Questions

What is construction procurement software?

Construction procurement software streamlines the process of acquiring goods and services needed for a building project. It helps manage tasks like bid invitations, vendor communication, contract creation, and cost control.

What are the key benefits of using construction procurement software?

Benefits include increased efficiency, improved communication, better cost control, reduced errors, and streamlined workflows for the entire procurement process.

What features are typically included in construction procurement software?

Common features include bid management tools, vendor databases, contract templates, cost tracking functionalities, and reporting dashboards.

Is construction procurement software easy to use?

Usability varies between different software options. Many offer user-friendly interfaces, but some may have a steeper learning curve depending on the complexity of features.

Who is construction procurement software designed for?

This software is beneficial for various stakeholders in construction projects, including developers, general contractors, construction project management consultancy companies.

How does construction procurement software improve communication?

By providing a central platform for communication with vendors, project documents, and approvals, the software fosters collaboration and transparency.

Can construction procurement software integrate with other construction software?

Yes, many solutions offer API integration, allowing seamless data exchange between procurement software and other programs used for project management, estimating, or accounting.

What are some important factors to consider when choosing construction procurement software?

Consider factors like the size and complexity of your projects, your budget, desired features, ease of use, and level of integration with existing software.

Are there any free construction procurement software options?

Limited free versions might exist with basic functionalities, but most comprehensive construction procurement software requires a paid subscription.

What is a recommended construction procurement software option?

The ConWize construction procurement software is an end-to-end solution for planning and managing contractual engagements in construction projects. Sign Up for free!