In the latest episode of Product Led Growth Leaders, host Thomas sits down with Paul Culvenor, co-founder of Hevi App, to discuss the transformative role of AI in contract management within the mining and construction industries. Paul, a seasoned mining engineer from Australia, shares his firsthand experiences with the complexities of contract management and how Hevi App is designed to streamline the process from tendering to project execution. The discussion highlights the challenges of managing contracts in large-scale industrial projects, the limitations of existing software solutions, and how AI-powered tools can provide real-time insights and risk mitigation.
Paul explains that managing contracts in industries like mining and construction is uniquely challenging due to the involvement of multiple specialized contractors, each with their own commercial agreements and operating procedures. Contracts often span hundreds of pages, containing intricate payment terms and legal provisions that many project managers and site supervisors may struggle to navigate. In addition, large projects operate with simultaneous workflows, requiring clear alignment between the scope of work and commercial agreements to prevent disputes and delays.
While there are numerous contract management tools available, Paul and Thomas discuss how most solutions focus on the early stages of contract negotiation and tendering but fail to provide adequate support once the contract moves into execution. Hevi App was built to bridge this gap by enabling operational teams to better manage their contracts throughout the project lifecycle. By allowing users to upload contracts into the platform, AI can analyze the text, answer questions in plain language, and monitor key contract terms, correspondence, and reporting data to identify risks or entitlements.
A major theme in the discussion is how AI can empower rather than replace workers in Hevi industries. Hevi App’s AI capabilities help analyze vast amounts of unstructured data, making critical contract information easily accessible to teams in real-time. Instead of replacing human decision-making, the platform enhances productivity by automating mundane administrative tasks, allowing professionals to focus on strategic problem-solving and project execution. Paul emphasizes that this approach is especially important given the ongoing skill shortages in mining and construction, where attracting new talent remains a challenge.
Paul also shares insights into the structure of Hevi App’s development team, explaining the company’s hybrid approach of utilizing both in-house employees and contracted experts to accelerate innovation. As an AI-native organization, Hevi App is committed to implementing best practices that support continuous learning and adaptation, ensuring the platform remains at the forefront of contract management technology.
Designed for a wide range of users, Hevi App serves professionals at all levels, from field workers and project managers to executives overseeing contract compliance and risk management. The platform caters to both small contractors and large corporations, recognizing that contract management challenges exist regardless of company size. By providing a user-friendly and scalable solution, Hevi App aims to become an industry standard for handling contracts efficiently in complex industrial environments.
In case you're curious what we do...