How IFS Contract Management Software, Servitization And Outcome-Based Contracts Increase Your Margins

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IFS’s contract management software lets you move to high margin service contracts instead of reactive service driven by the same time and materials, but the revenue is hard to predict and the margin is much tighter. IFS software gives you the flexibility to offer and then execute against multiple contract types including:

  • Simple time and materials
  • Fully inclusive 24-7 contracts for customers with global operations that need service availability that follows the sun
  • 5×7 contracts, for customers with more limited hours of operation
  • Outcome-based contracts
  • Contracts covering planned maintenance activities
  • Contracts including service level agreements for response time, time to repair and other customer-defined metrics

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