The Challenges
Today’s federal agencies face complex acquisitions, an ever-evolving federal landscape, and increased pressure to accelerate IT modernization efforts. To meet these demands, agencies need to improve their contract management and performance by streamlining contract writing and automating repetitive administrative tasks such as manual reporting requirements. Additional challenges include:
- Slow acquisition cycle- times due to paper-based, manual processes and workflows combined with outdated legacy systems, resulting in an increase in overall Procurement Administrative Lead Time (PALT).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- Outdated legacy systems that require costly customization to support business process changes, new requirements, and legislative or regulatory changes.
- Lack of integrated performance management to track and evaluate performance after a contract is awarded to ensure programs meet contractual obligations.
- Siloed applications with limited integration capabilities require additional bespoke solution 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.
