CONTRACT MANAGEMENT SOFTWARE FOR CONSTRUCTION

Get full visibility on all your construction contracts

Easily organize your contracts, track key dates, and avoid costly mistakes.

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CASE STUDY

See how PAAY uses Concord to track deadlines and manage spend

“We can bring in PDFs and Word docs that were created and signed in any platform, and Concord pulls out the data we need with just a click.”

Read the case study

Melissa Hyde
Senior Sales Operations Analyst at PAAY

40% less time spent

negotiating sales contracts

THE CHALLENGE

Too many sources of truth

Contract management for construction remains manual, with data scattered across many different platforms, spreadsheets, and cloud drives. Major pain points include:


  • Lack of visibility into contracts
  • Siloed contract data
  • Imprecise planning
  • Inaccurate forecasting

THE SOLUTION

One Agreement Intelligence platform

AI automatically extracts and centralizes all contract terms and other key metadata — in a tool so intuitive that your whole team can start using it right now. Benefits include:


  • Visibility into all contracts
  • Centralized contract data
  • Precise planning
  • Data-driven forecasting

THE RESULTS

Time and labor savings

-20%

less time spent searching for contract terms every day

-40%

less time negotiating sales contracts

-50%

time spent tracking down agreements

Before Concord

After Concord

After Concord

Automated processes

Contracts are managed via automated workflows, all in one intuitive platform

Manual processes

Contracts have to be managed manually, across many platforms

Full visibility into contracts

The finance team can quickly search 
all contracts and get email updates

Limited visibility into contracts

The finance team lacks insight into contract amounts and other key terms

AI-powered data extraction

Agreement Intelligence extracts all contract terms automatically

Time-consuming data collection

Forecast data has to be entered by hand, requiring hours of labor

HOW IT WORKS

Extract key terms from contracts, with AI

Automatically capture key details — like SOW, payment terms, and timelines — from PDFs and Word documents. Skip the typing and collect accurate data with just one click.

Stay ahead of renewals with automated deadline alerts

Concord sends you automated reminders of upcoming deadlines, so you can avoid unnecessary expenditures, remain within budget, and reduce your risk exposure.

Track project performance with custom reports and dashboards

Quickly export Excel and CSV reports summarizing contract terms like dates and amounts. View real-time dashboards summarizing contract volume, vendors, and costs, so you can recognize revenue and stay in compliance.

Unlock insights from all of your agreements.

Frequently asked
questions

  • What is contract management software, and how can it help my construction business?

    Contract management software like Concord streamlines the entire lifecycle of your contracts, from creation and negotiation to approval, execution, and renewal. For construction companies, it helps manage complex contracts with subcontractors, suppliers, and clients, reducing risks, improving collaboration, and ensuring compliance.

  • Is Concord designed to handle construction-specific contracts?

    Yes, Concord supports construction-specific needs like managing subcontractor agreements, materials supply contracts, change orders, and regulatory compliance. It also integrates features like templates and workflows tailored for construction projects.

  • Can Concord help with tracking project deadlines and payment milestones?

    Absolutely. Concord allows you to set automated reminders for critical dates such as project deadlines, payment milestones, and contract renewals. This ensures that no key dates are missed, keeping your projects on track.

  • Is Concord’s storage truly unlimited?

    Yes! Concord provides unlimited storage space for documents and attachments. You can upload contracts one by one or in bulk.

  • Can I use Concord to manage subcontractor agreements and change orders?

    Yes, Concord simplifies the creation, storage, and management of subcontractor agreements and change orders. You can track revisions, share documents securely, and ensure everyone is working from the latest version.

  • Does Concord support collaboration with external partners?

    Concord offers collaborative tools that allow construction companies to work seamlessly with external partners like architects, engineers, and subcontractors. You can share contracts securely, collect e-signatures, and track changes in real-time.

  • Does Concord integrate with other tools my construction company uses?

    Yes, Concord integrates with platforms like DocuSign, Google Drive, and CRM/ERP systems, ensuring smooth workflows and centralized contract management within your existing tech stack.

  • How does Concord help ensure compliance with regulations in the construction industry?

    Concord enables you to maintain a centralized repository of all contracts and related documents. It ensures audit trails, version control, and compliance with industry standards and local regulations.

  • How secure is Concord for storing construction contracts?

    Concord offers enterprise-grade security features, including SOC 2 compliance, data encryption, two-factor authentication (2FA), and access control, to keep your construction contracts safe and compliant.

  • Does Concord support e-signatures for fast contract approvals?

    Yes, Concord includes built-in e-signature capabilities, allowing you to finalize contracts quickly and securely without needing additional tools.