Procurement Buddy
Procurement Buddy is a game-changer for project managers, helping them to draft clear, well-structured contract variation papers in record time. No more scrambling for templates, reworking documents, or waiting endlessly for approvals
Booth FN2
Introducing Procurement Buddy: The Smart Way to Draft Contract Variations
Struggling with Contract Variations? Let us fix this.
Project managers know that drafting contract variations is a slow and time-consuming process. Project Managers waste days, weeks, gathering past data, justifying needs and cost changes, ensuring compliance – only to face rejections and delays.
Meet the Procurement Buddy: Your Smart Assistant for Faster Contract Variations
Procurement Buddy is a game- changer for project managers, helping them to draft clear, well-structured contract variation papers in record time. No more scrambling for templates, reworking documents, or waiting endlessly for approvals.
Why Procurement Buddy?
- Speeds up Drafting – Auto generates structured variations with minimal inputs
- Ensures Compliance – Pre-built templates align with procurement policies
- Online consultation - Knowledge base of market information and trends on past purchase needs and prices
- Reduces Rework – eliminate errors that cause back-forth approvals
- Boost productivity – Let project managers focus on execution, not paperwork
How it Works
Procurement Buddy transforms contract variation management into a streamlined, AI-powered process to reduce processing time by 50%.
- Answer a few guided questions about your contract variation
- Procurement buddy generates a polished draft with necessary details, powered by AI suggestions for CV
- Review, tweak and submit with confidence – no hassle, no delays!
How we developed the Solution
- AI-Powered Assistance – Smart recommendations based on past contract variations
- Smart Contract Information Hub – Instant access to past contract information and variations for reference
- Market benchmarking – Compare pricing with similar systems to strengthen justifications and inflation rates
- Automated calculations – No more manual errors, just accurate financial impact analysis
- Error-Free templates – Built in compliance checks to prevent costly rework
- Approval authority mapping– Automatically identifies the right approvers, eliminating bottlenecks.
Future Steps - Scalability and Future Growth
Procurement Buddy is designed for widespread adoption across WOG, with customizable and scalable features:
Flexible Template Engine
- Customisable template library supporting multiple organisation formats
- Organisation-specific policies, business rules and validation frameworks
Enhanced Review & Approval Framework
- Configurable multi-level approval workflows
- Role-based access control and delegation features
- Automated escalation and reminder system
- Digital signature integration
Meet the Team
The prototype was conceptualised and built by the following team members:
- May Chua (NEA)
- Lim Lee Guan (NEA)
- Teoh Tee Leng (NEA)
- Leong Xiaorui (NEA)
- Jeremy Soon (NEA)
- Sheryln Hnin (MSE)