The construction industry faces contractual challenges globally, with multiple parties involved such as clients, contractors, subcontractors, and suppliers. The implementation of technologies to improve contract quality, contractual control, and compliance can generate significant improvements in efficiency and risk management in this sector.
Contract management
in the industry of
Construction
Challenges
The construction industry involves a large number of documents, from contracts and bids to blueprints and permits. Managing this large number of documents efficiently and ensuring their accuracy and availability at all times is a significant challenge.
Construction projects often involve multiple stakeholders, including owners, contractors, subcontractors, consultants, and regulatory authorities. The relevant information may be scattered across different systems and physical locations, making coordination and effective collaboration challenging.
Construction projects are prone to changes due to unforeseen circumstances, modifications in client requirements, design adjustments, among other factors. Effectively managing these changes and maintaining a clear record of contractual revisions is essential to avoid disputes and project delays.
Prevent project delays through effective contract management.
What does LexDoka solve?
Storage and organization of all documents and their respective lifecycles, facilitating quick access and efficient management of documents involved in construction projects.
Ensuring regulatory and legal compliance through automation of deadline reminders, tracking of revisions, and audits.
Facilitate tracking of contract versions and related documentation, managing changes and revisions. This ensures that all parties have the latest version of the documents and that a clear record of changes made is maintained.
Innovating with
Empower your contract management in construction with LexDoka.
Request a customized demo and get a complete vision of how we will speed up your contractual process.