[06/01/2017, 12:54:31] David Claxton: What is it?
A software as a service solution that takes input from any device (mobile, tablet or PC) and provides tracking and collates and manages every change request made on your projects.
• i-VO enables you to identify variations between base-line contracts and requested changes.
• I-VO creates a fully auditable account of variations, costs, delays and approvals.
What does it do?
• It creates a fully auditable digital record of every variation request as the project or contract transpires.
• i-VO records who said what to whom. The end result is exact and indisputable proof of every decision ever made to change the original agreements, in the form of a “change account statement”.
Who will use it?
Whilst it has been originally designed for construction, the product is ultimately suited to any company that runs projects that are subject to changes after signing firm agreements. Industries such as IT, Healthcare, Oil, Gas and Telecoms are ideal users of this solution.
What benefits will they get?
The User is able to take every change to his contract or agreements and make sure that any changes to the original agreements are paid for and that every extra hour of delays is accounted for. In one sentence… i-VO protects the contractors profit margin by guarding against unpaid changes or penalties for delays caused by others.
10 Other benefits
1. Improves relationships between contractor and his clients
2. Reduces risk of potential bankruptcy due to unpaid changes
3. Ensures delays in decision making don’t cost you money
4. Acts as an insurance against delivery date penalties
5. Creates a record for future use
6. Negates the need for any paper based records
7. Acts as a top-class Projects Management tool if you need one.
[06/01/2017, 12:57:58] David Claxton: i-VO Manages variation orders. Get reimbursed for time delays and extra costs.