- Risk management
- Vendor correspondence
- and EVERYTHING else........
Collaborate in realtime and remotely with colleagues and suppliers and all notes, correspondence, negotiations are embedded in the documents at the section under discussion. Every edit is automatically recorded in the audit trail for easy retrieval.
Set up your risk management matrices and registers in your master library and automatically include these in each project for easy risk management and tracking. Create follow up reminders and notifications to the relevant stakeholders.
Convert your first set of tender documents into a template and never waste time on tender preparation again. Just select the template and adjust the content for this specific project.
Audit your entire project from a single computer. As all documentation and correspondence, collaborations, negotiations etc are all embedded in the tender/contract documents auditing goes from nightmare to dream.
No more searching for emails. All emails are automatically embedded in your tender documents in the section that they relate to - not in folders, lists or on servers or in Outlook (although you can keep those copies if you really want to).
Don't worry about having the wrong version of a document. All documents are edited online and so you only have access to the latest version (previous versions are automatically created and stored in the background for easy retrieval).
Have your various commercial and technical evaluators score and evaluate the vendor submissions in a matter of hours rather than days with the automated comparison reports that iSpec generates in seconds.
WIth every edit, email, negotiation, acceptance, stored in the audit trail with a user and time stamp, you instantly know who was responsible for what. No more getting blamed for someone else's error.
Tired of the effort involved in managing complex projects and need something more intuitive and automated? iSpec is more affordable, provides better transparency and reduces admin effort by up to 60%.
DP World - has been using iSpec since 2006 for all their CAPEX procurement projects at their more than 70 terminals globally.
Their 3 Project Managers in Dubai have managed billions of dollars worth of projects - sometimes more than 80 at a time.
Here's what they have to say -
"DP World and Remy InfoSource, a leading Lifecycle Contract Management company, have been working in partnership since 2006. DP World has successfully implemented the iSpec Lifecycle Contract Management (iSpec) solution for managing its global procurement of strategic equipment. This has been a highly fruitful partnership, and DP World this month (Feb 2020) signed a three-year extended agreement with Remy InfoSource.
As a leading global and smart trade enabler, DP World recognises that innovative procurement technologies such as iSpec would allow it to stay at the forefront of the industry.
It required a more streamlined and connected solution that maintains the integrity of standardised specifications and contract documents; facilitates collaboration with global stakeholders; manages clause based tender clarifications and tender response evaluations; provides effective risk management; tracks project compliance and delivery; and ensures transparency and audit-ability of the entire procurement process.
The extended agreement is based on the long-term trusted relationship between DP World and Remy InfoSource. DP World will continue to leverage iSpec for strategic decision-making and management information allowing visibility, control and governance across its global business portfolio.
Remy InfoSource currently provides DP World with robust technical support for the solution; quarterly enhancements that are influenced by DP World’s requirements; and smart dashboards and reporting capabilities that have together significantly improved the efficiency of strategic equipment procurement."
iSpec is an enterprise strength Tendering and Contract Management Solution specifically geared to the complex issues relating to Capital Projects sourcing and contract management. It is cloud-based and allows all stakeholders access to current information from anywhere. You can be up and running within a week or two - without the lengthy implementation times of legacy systems. Manage your project seamlessly from concept to final handover.
No more searching for that specific email or attachment -
iSpec knows what you are looking for
Automated tender evaluations for super fast decisions
No more comparing Word and Excel files from suppliers - drill down to the detail instantly
Your dashboard gives you an instant view of your procurement status, outstanding tasks, and spend analysis in an easy to use graphic layout. Manage your contracts effortlessly.
No more routing Word documents. Collaborate with all stakeholders and edit your documents together online. No more waiting for someone to send you that document. Approve as you go. Speed up the entire process
Never again forget to reply to an email (or lose one), get daily to-do lists on all your outstanding tasks, emails, evaluations, approvals, etc. No more keeping to-do lists or Excel spreadsheets to remind yourself what to do.
If you are procuring complex CAPEX equipment such as Quay Cranes or RTGs like many of our ports users, or any other complex systems, iSpec is the solution.
Outsourcing the construction of a new building, road, port, etc. Let iSpec manage your entire project from concept to inspection, commissioning and final handover. CAPEX sourcing at its best.
iSpec can also be used for e-bidding and reverse auction tendering. This is perfect for procuring wires and ropes or tyres and other consumables. Let your vendors compete for your business.
For detailed information click the button.