Smart collaboration tool for busy project teams
Enable seamless collaboration at every stage of the project lifecycle, from pre-qualification, RFPs, and contract negotiations to compliance tracking and performance assessment. Streamline document assembly, ensure team alignment, minimize errors, and save time while reducing costs and driving project success.
Tender management solution for
architecture projects
engineering projects
construction projects
Streamline contract management with AI and tailored workflows. Expedite tender assembly, facilitate collaboration, save valuable time, reduce cost and drive project success.
Tender management solution for engineering & construction projects
Streamline contracts management with AI and tailored workflows. Expedite tender assembly, facilitate collaboration, save valuable time and drive project success
In today’s complex project landscape, multi-party collaboration is essential — but projects shouldn’t be slowed down by excessive paperwork, high costs, or resource strain. Kontrad optimizes collaboration processes, minimizing errors, enhancing compliance, and reducing risks.
Construction is one of the oldest and largest markets worldwide, on the path to exceed $14T by 2030.
And yet, it remains massively outdated with complex manual procurement, and inefficient execution.
Kontrad has been built from the ground to change it.
Tender management solution for engineering & construction projects
Streamline contracts management with AI and tailored workflows. Expedite tender assembly, facilitate collaboration, save valuable time and drive project success
Construction is one of the oldest and largest markets worldwide, on the path to exceed $14T by 2030.
And yet, it remains massively outdated with complex manual procurement, and inefficient execution.
Kontrad has been built from the ground up to change it.
6.4x
Estimated average cost savings on procurement
Expedite project kick-off with streamlined pre-qualification and tendering process
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Ensure procedure alignment, accelerate stakeholders' review and simplify workflows
Low productivity due to operational inefficiencies, alongside weak contract compliance rates
42% reduction in contractual disputes. 50% accelerated negotiation cycles.
Operating risks due to fragmented data, inconsistent reporting and poor monitoring across projects and contractors
Single source of truth for contract documents with flexibility to handle at corporate or project management level.
Operational complexity wastes resources as procurement time and costs stay high
Slash the time and costs associated with contracting by digitalizing your templates and bidders clarification flows
Use AI to build your tenders and automate your contracting processes
Natural language processing
Digitalize your templates using NLP to expedite tender assembly & evaluate and compare proposals against your requirements.
Tender documents classification by categories
Template digitalization & clause breakdown
Variable data insertion (names, dates, etc.)
Clause analysis & library creation
Automated contract redline and updates
Machine learning
Self-learning technology that continually customizes itself, offering industry-tailored solutions with every interaction
Client risk profile setup
Learning from user input data
Contract risk assessment & association building
Contextualized information and clause recommendations
A journey packed with life-simplifying features that will slash your time-to-decision
Tender planning
Digitalize your template RFP and contract documents
Assemble your contracts using your standard clauses
Prequalify your bidders
Release your tender package in one click
Proposal management
Unified digital clarifications handling
Automated proposal comparison tables
Real-time departure notifications
Team involvement and approval
Effortless recommendation report generation
Contract compilation
Auto-update your contracts with agreed clarifications
Compile your contract documents in one click
Easy contract export
Routing for electronic signature solution
Create collaboration events, accelerate stakeholders' review and simplify workflows
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Create collaboration events using your approved document templates and assign team members to the documents they are responsible for. Ensure compliance with procedures and maintain traceability throughout the process.
Slash the time and costs associated with multi-party collaboration by 30%
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Invite multiple participants to your event, publish your requirements on the collaboration portal, and track versioning, all while maintaining the privacy of each participant’s interactions with you.
Track, compare and evaluate with ease.
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Collaborate on your requirements with all participants through a single dashboard, eliminating the need for Excel sheets and Word tables to compile issue lists, comparison tables, or compliance reports. Save up to 40% of your valuable time and streamline your processes.
Reduce human errors and mitigate risks
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Compile final documents with selected participants in just a few clicks. Incorporate accepted edits, generate clarification tables, and produce evaluation reports in no time, while reducing human errors by 70%.
A journey packed with life-simplifying features that will slash your time-to-award
Accelerate stakeholders' review and simplify workflows
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Streamline the document assembly process using your approved contract templates.
Ensure team alignment and adherence to corporate procedures.
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Empower your project team to collaborate on RFPs and contract negotiation in a centralized platform. Track and close open queries and ensure alignment on contract requirements.
Compare, evaluate, and monitor compliance with requirements.
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Visualize and respond to comments and suggested edits from all parties in a single matrix.
Slash time and costs associated with tendering and multi-party negotiations
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Effortlessly invite multiple bidders and partners to review your contract documents, while keeping their interactions with you private from each other.
Reduce human errors and mitigate risks associated with contracting
Intricate processes leading to delayed stakeholder reviews and convoluted workflows
Minimize human errors by 70% when entering, responding to, and tracking comments and suggested edits. Incorporate accepted edits and compile contract documents effortlessly with just a few clicks.
Find out how Kontrad automates & streamlines project collaboration and surfaces risks
What is Kontrad's value proposition?
Kontrad's smart collaboration solutions offer a SAAS platform to automate and streamline competitive procedures and multi-party discussion processes. Kontrad offers advanced contract management, procurement and evaluation tools to help project teams save time and money, while implementing best industry practices and reducing risks.
How can Kontrad help expedite documentation assembly?
Kontrad accelerates document assembly through advanced natural language processing (NLP), which extracts and classifies the structure and content of template documents. This functionality simplifies the creation of new, project-specific documents by allowing project teams to quickly generate, access, and collaborate on a shared library, all while preserving the original templates. All RFP, contract or RFI documents are accessible to the project team from a single screen, ensuring easy access and streamlined workflow. Each document is assigned a 'document owner' responsible for reviewing, approving, or rejecting submissions, ensuring clarity and accountability throughout the document creation process.
How can Kontrad help with the procurement process and multi-party discussions?
Kontrad enhances the procurement process and multi-party discussions by extracting and organizing submissions from third-party organizations into a collaboration dashboard. This setup simplifies the comparison and evaluation of positions, allowing for efficient responses, acceptances, rejections, or alternative proposals. Additionally, Kontrad tracks both open and closed items, offering a unique monitoring feature to ensure adherence to initial requirements and to record accepted deviations. While the procuring organization can compare all third-party submissions, each third party can only view its own threads unless permissions are set otherwise, ensuring privacy in a competitive procurement or multi-party discussion context.
How can Kontrad help compile contract documents with successful parties?
Incorporating comments from multiple parties, especially in multi-document contracts, can be lengthy and error-prone. Kontrad addresses this by converting reviewed contract documentation into a final agreement with the successful party or parties. Accepted edits are integrated into the final documents with a single click, while preserving the original tendered documents. Additionally, accepted comments are easily attached as an appendix to the final contract, providing a clear record of agreed positions and reducing the risk of future disputes.
What is a Business Unit (BU) in Kontrad?
In Kontrad, a Business Unit (BU) is a segment within an organization designed to group users for access to specific projects. This concept allows the organization to structure itself based on various criteria such as geography, product-service lines, or project-specific needs. Users within the BU can collaborate on documentation related to their projects, facilitating a focused and coordinated effort. BUs are separate from Legal Entities, which are the entities responsible for releasing tenders or entering into contracts. Multiple BUs can use the Legal Entities created under the organization. The BU concept in Kontrad captures the practical realities of how large organizations operate, allowing for effective management and collaboration within defined segments.
How does Kontrad make use of artificial intelligence (AI)?
Kontrad leverages advanced artificial intelligence (AI) to enhance various aspects of document management. Using natural language processing (NLP), Kontrad extracts document contents and allocates labels, enabling the project team to create a playbook of typical clauses, requirements, and specifications. Upon the client's request, labels can be assigned a risk rating or score, allowing the procuring organization to define their evaluation profile and expected key performance indicators (KPIs). Third-party submissions are then assessed against this profile, providing an informed ranking to support decision-making. Additionally, machine learning and generative AI can assist in generating new template documents and crafting responses to third-party submissions that accurately reflect the procuring organization's standard positions, improving efficiency and consistency throughout the process.
What industry experts say
Edouard F.
Contracts Manager, France
Nicolas T.
Contracts Manager, Belgium
Benjamin C.
Contracts Director, Singapore.
Solving the most complex industry problems with the simplest setup flow
Create your organizations
Upload your document templates
Assemble your RFP, RFI or contract documentation pack
Collaborate with multiple third parties
Award and compile the contract
Choose the right plan for you
Explore our comprehensive pricing packages tailored to meet diverse needs. While the platform is gearing up for its official launch, you can get a glimpse of what's included in each plan and join the waitlist to be among the first to access the platform.
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