VertiGIS FM Contracts provides your organization with a suite of tools to manage contracts associated with its facilities:

•Manage all types of contracts, including standard contracts (user agreements, service contracts, maintenance contracts, purchasing agreements, and others), insurance contracts, rental contracts, and lease contracts. Each contract type has unique features and form fields according to industry requirements for its type of contract.

•Define contract lengths by defining term length, special terminations, termination periods, and contract options.

•Manage payment data for financial obligations included in the contract. You can apply index agreements and graduated rent agreements to invoice amounts to adjust them based on criteria included in the contract.

•Store index data released by governments to adjust contract payments for factors like inflation and cost of living.

•Generate, preview, view, and print invoices for payments associated with contracts (contract invoices or stipulations).

•Transfer invoices and financial data associated with your contracts to your organization's third-party accounting or financial management software.

The VertiGIS FM Contracts license also includes the following modules:

•Rental Management, used for the creation of rental units (collections of rooms that you can manage as a single data object), rental agreements, and lease contracts.

•Costs and Budget, used to set budgets for the ledger accounts and cost centers associated with your facilities, allocate costs based on area or users of a department or facility, create and manage invoices, and complete other financial management tasks.