PLEASANT PRAIRIE, WIS. (PRWEB) March 2, 2022
Pantera Global Technology, a leading provider of powerful bid, project, and risk management software for the Construction Industry – has announced a partnership with COMPASS (developed by Bespoke Metrics Inc.), a leading prequalification platform that focuses on data and analytics to assess subcontractor risk.
Under this partnership, users of ProQual by Pantera will have direct access to COMPASS Analytics to enhance internal risk management by mitigating project and counterparts risk, while streamlining workflows between the estimating/pre-con and risk teams.
COMPASS is a prequalification tool that uses a data-driven model to provide unbiased assessment of subcontractor risk. Using its 1Form, a standardized and unified data collection form, COMPASS applies proprietary, analytical benchmarking tools to generate a specific Q Score – representing a subcontractor’s overall level of risk based on their business, financial, and health and safety risks – to assist general contractors in meeting stringent prequalification requirements.
COMPASS brings a unique approach to data collection – coordinating annual data collection and verification on behalf of the construction supply chain.
“We believe in providing the best tools for our clients, which may involve partnering with other established platforms,” states DeWayne Adamson, Founder and CEO of Pantera Global Technology. “By integrating with COMPASS, we can continue to offer top quality prequalification software while freeing up resources.”
“Pantera has some of the nation’s largest General Contractors as Bid Management clients. We look forward to jointly offering an integrated prequalification/bidding platform and helping to support those clients.” said Michael Ho, CEO at Bespoke Metrics.
About Pantera Tools:
Pantera Global Technology, formed in 2009 by construction and technology veteran DeWayne Adamson, is a leading provider of powerful bid, project, and risk management software for the Construction Industry. For more information, please visit https://www.panteratools.com/
About Bespoke Metrics:
Founded in 2016, Bespoke Metrics is a data management and analytical model development company, focused on producing tools to provide empirical support for decision making, Bespoke Metrics blends expertise in data control, model development, and user interface to provide innovative solutions for industries looking to utilize data to its fullest. To learn more about Bespoke Metrics, visit https://www.compass.bespokemetrics.com//a> or contact firstname.lastname@example.org or 1-800-689-6819