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Oracle NEC3 Contract Management Solution Features
Reap the Benefits of NEC3
Oracle’s solution helps your organization become compliant for NEC3 (New Engineering Contract). The NEC3 process promotes effective communication between stakeholders, fosters collaboration, and supports multiple types of contracts.
- Overview
- Features
Feature
Benefit
-
Preconfigured solution
- Get organized quickly with prebuilt folders, forms, business processes, and reports.
- Enable fast user adoption with reports and forms specifically built for engineering and construction.
- Customize to your organization’s unique requirements.
- Expand to meet future growth.
-
Contract documentation and controls
- Improve communication between owners and contractors.
- Ensure that costs and schedules are tracked, managed, and cataloged.
- Be prepared for disputes with secure documentation.
-
Project cost and change control
- Gain greater control over costs and schedules.
- Ensure that all parties stay informed with preconfigured cost worksheets, change management business processes, and schedule integration.
- Gain complete visibility into your organization by integrating with Oracle financial applications.
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Audit and administration
- Maintain accurate records with full audit trail capabilities including date and time stamp.
-
Cloud solution
- Gain business agility.
- Rapidly deploy a secure NEC3 contract management solution.
- Focus on your business—instead of IT—with technology maintained by Oracle.