The Challenges
Today’s federal agencies face complex acquisitions, an ever-evolving federal landscape, and increased pressure to accelerate IT modernization efforts. In order to effectively shift the focus to true contract intelligence and outcome-based procurement; agencies need to automate repetitive administrative tasks, streamline contract writing, and automate currently manual reporting requirements.
- Slow contract turnaround time due to paper-based, manual processes combined with outdated legacy systems resulting in an increase in overall procurement lead time (PALT).
- Lack of consistent acquisition practices, methods, and predictable outcomes to provide full transparency into contract obligations, performance, and compliance.
- Outdated legacy systems require costly customization to support business process changes, new requirements, and legislative or regulatory changes.
- Lack of integrated performance management to track and evaluate contractor performance after a contract is awarded to ensure programs meet or beat delivery schedules.
- Siloed applications with limited integration capabilities require additional development or manual data normalization to provide a full reporting data set across the acquisition process.
- Limited real-time acquisition intelligence with multiple data sources resulting in fragmented spend visibility and operational reporting across sub-agencies and departments.
