A Performance-Based contract is a type of contract that links the payment to the achievement of specific outcomes. It can be used to incentivize the delivery of high-quality services and products that meet the customer's needs and expectations. A digital solution such as Swipetask can best support a performance-based contract by providing a transparent and trusted way to monitor, evaluate and reward the performance, such as completion of KPIs and scores from Joint-Inspections.
Such digital solutions can enable new business models and opportunities for performance-based contracting in the specifically the built environment/IFM industry. It can also reduce transaction costs, risks, disputes, improve customer satisfaction and loyalty.
A Performance-Based contract is a type of contract that links the payment to the achievement of specific outcomes. It can be used to incentivize the delivery of high-quality services and products that meet the customer's needs and expectations. A digital solution such as Swipetask can best support a performance-based contract by providing a transparent and trusted way to monitor, evaluate and reward the performance, such as completion of KPIs and scores from Joint-Inspections.
Such digital solutions can enable new business models and opportunities for performance-based contracting in the specifically the built environment/IFM industry. It can also reduce transaction costs, risks, disputes, improve customer satisfaction and loyalty.