GovCon Contract Management Solution Provider Wins CIOReview Accolades
"SpectrumCLM™ is the contract management system for leading Government Contractors."
DULLES, Va., Sept. 24, 2014 /PRNewswire/ -- Compusearch®, the developer of SpectrumCLM, was named one of the twenty Most Promising Solution Providers for the Public Sector by CIOReview.
Spectrum addresses the complexity and extensive regulations that are routinely found in government contracting—from bid through contract award and modifications to final closeout. Spectrum was built by Compusearch, a software company with three decades of experience with the intricacies of federal contracting.
Spectrum mitigates severe, enterprise-level risks while putting an end to "fire drills," overtime, and painful audits for Contracts professionals.
Spectrum enables government contractors to:
- Respond more quickly, completely and accurately to data calls – especially those from Compliance, GSA, DCAA and OIG;
- More fully meet government reporting requirements;
- More carefully configure contract clauses including subcontract flow-downs;
- Maintain a better, ongoing understanding of compliance with terms and subcontract terms;
- More effectively route and monitor approvals;
- Readily standardize workflow; and
- Capture and retain vital institutional knowledge.
In contrast, generic Contracts Management Software is a no-go for GovCon. The broad array of shallow plug-ins, applets, and other software packages designed for commercial providers don't meet the complex needs of government contractors. Government contracting requires deep, end-to-end compliance with FAR/DFARS, flow-down, security, and DCAA and GSA auditability requirements that providers of commercial-contracts systems neither support nor sufficiently understand.
Similarly, homegrown applications have proven to be expensive and wobbly, and are often orphaned. Several government contractors have each spent hundreds of thousands of dollars and roughly half a dozen FTE years trying against all odds to make SharePoint, ERP extensions, and commercial contract-management systems work for government contracting. Most of these efforts either never launch or are rarely used—in many cases due to data integrity issues. As CIO's budgets have been cut given sequestration and other cost pressures, few systems are sufficiently maintained, much less upgraded. Contracts staff are typically stuck with little more than a shared drive stuffed with myriad files and folders.
Compusearch has been the leading provider of enterprise software to the government sector for over 20 years. Security and data privacy are always primary considerations for Compusearch's commercial, DoD, intelligence, and civilian customers; the company invests heavily in security and maintains FISMA compliance and compliance with all other applicable standards. Because SpectrumCLM is secure and cloud-based, CIOs can confidently and quickly bring sorely needed help to their CFO, and BD, Compliance, and Contract Managers.
About Compusearch
Compusearch® provides software and services that advance commerce and collaboration among government agencies and government contractors. Compusearch's SpectrumCLM™ is the contract management system for leading Government Contractors.
For more information, visit www.compusearch.com.
SOURCE Compusearch
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