Pantera Partners with Compass Prequalification to Offer Best-Of-Class, Integrated Prequalification and Bidding Platform.

Mar 8, 2022

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 info@compass-app.com or 1-800-689-6819

Check Out Our Other Posts
Pantera Tools Named Project Management Solutions Provider 2022

Pantera Tools Named Project Management Solutions Provider 2022

We are excited to announce that Pantera Tools has been named one of the Top 10 Promising Project Management Solutions Providers of 2022! As highlighted by CIO Magazine, Pantera Tools is finalizing our end-to-end project management solution with the newest job costing...

Pantera Tools Works to Launch New Full Project Management Suite

Pantera Tools Works to Launch New Full Project Management Suite

PLEASANT PRARIE, WIS. (PRWEB) JULY 19, 2022 Pantera Tools, the leading provider of construction invitation to bid software, today announced it is working to extend the value of construction management software into the project management sector. Pantera’s platform...

Pantera Tools Selected as Cover Story of the Year

Pantera Tools Selected as Cover Story of the Year

PLEASANT PRARIE, WIS. (PRWEB) JUNE 23, 2022 Pantera Tools, the construction software platform known for its customized bid management system, has been selected as the Cover Story of the Year by Enterprise Viewpoint Magazine. Over the past few years, the construction...