VENDOR MANAGEMENT

Proactively manage construction vendors

Manage vendor risk and exposures in one place. Track compliance, monitor performance, and negotiate change orders with built-in alerts and performance insights.

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VENDOR OVERVIEW

Monitor vendor performance

Get a 360° view of how a vendor is committed to a project with deeper insights into their contract, change orders, exposures, and more. Assess how they are delivering against their commitments and forecast their expected performance through the end of the project, taking informed action to curb risks.

VENDOR ANALYTICS

Negotiate change orders from a position of strength

Evaluate vendor performance relative to similar vendors or portfolio benchmarks to uncover key trends related to cost increases. Understand the reason behind every change order and use those insights to demonstrate where errors and omissions were created during change order negotiations.

LIEN WAIVER DATA INDEX

Simplify lien waiver management

Quickly create new lien waivers using configurable templates, then automatically send them to vendors for signature with the click of a button. Easily track the status of your lien waivers in real time using built-in email and chat to follow up with delinquent vendors.

INSURANCE DATA INDEX

Automate insurance compliance

Reduce the burden of tracking, managing, and requesting vendor insurance. Using custom-set policy requirements, COI Co-Pilot proactively notifies you when certificates of insurance are missing or expired, adding color-coded badges to the insured vendor to indicate what’s been flagged.

VENDOR HUB

Seamlessly collaborate with vendors

A centralized workspace where vendors can upload required documents like invoices, contracts, lien waivers, and COIs, with real-time notifications to ensure quick fulfillment of your requests. Instant uploads ensure that documents are delivered to your Data Inbox without delay.

We immediately transitioned into 12 to 15 projects, several hundred million dollars pipeline, and what we noticed was we were able to deliver cashflow projections, which is one of the key benefits we found from Northspyre, along with error-proof budgets.

Dan Petro Director of Finance | Oxbow Development Group

Whether it's working out of the truck or a construction trailer, or meeting with brokers and capital partners, I’m no longer chained to my desk thanks to Northspyre. I no longer have to worry about sharing file folders across our network server to collaborate. With a cell signal or hotspot, I can manage all of my projects from just about anywhere. Nothing is getting lost in translation; nothing is falling through the cracks. It’s night and day."

Brooks King VP, Southeast | Xebec Realty

For me personally, it's helped with the backup process. As an accountant, there were many times I would have to go back and look up, review, or double check items, including invoices, contracts and payments. But with Northspyre, everything is right there. There's many hyperlinks that direct you to the next spot that requires more information or your attention.

Erinn Welsh Accountant | GMH Communities

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