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CONTRACT MANAGEMENT
The Contract Management module in Prolog LT manages all financial aspects of your projects. From one central location, you can determine the status of all contracts, billings, requests for quotes, invoices and change orders. The contract management system also lets you create each cost document and automatically log it in the database. Through easy-to-read screens, you can instantly get a summary of all cost-related transactions.
 
Features offered in the Executive Dashboard include:
Feature Benefits
Application for Payment Keep your business financially sound by tracking incoming revenue to ensure a healthy cash flow.
   
Contract Invoices Maintain a detailed record of every outgoing payment, and keep track of your payment history.
   
Contracts Maintain consistency in your contracts to protect your business, and keep accurate records for future business development by reviewing previous contracts.
   
General Invoices Keep your project managers accountable for every expense item on a project, including all the general conditions items.
   
Potential Change Orders Staying on top of project changes can make the difference between a profitable or unprofitable project. Manage your risks on complex projects by quickly identifying scope changes.
   
Prime Contract Change Orders Access the information to be proactive in getting increases to your contract approved before starting extra work, thereby minimizing risk of unpaid change work.
   
Purchase Order Catalog It is fast and easy for your staff to create purchase orders.
   
Purchase Orders Minimize undocumented expenses at the end of your project by instituting controls to identify all costs as they happen.
   
Subcontract Change Orders Help reduce claims at the end of the project by staying on top of changes between you and your subcontractors.
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