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Contract Acquisition Management System (CAManS)

Improving Every Facet of the Contract Acquisition Management Lifecycle

CAManS provides full contract and subcontracting lifecycle management capabilities including acquisition, creation (RFI, RFQ, RFP), distribution, decisioning, award, record management and maintenance of a contract. Additionally, the system comes with full audit capabilities and reporting.

Contract Acquisition Management System (CAManS)

Improving Every Facet of the Contract Acquisition Management Lifecycle

CAManS provides full contract and subcontracting lifecycle management capabilities including acquisition, creation (RFI, RFQ, RFP), distribution, decisioning, award, record management and maintenance of a contract. Additionally, the system comes with full audit capabilities and reporting.

WHAT ARE YOUR PAIN POINTS?

WHAT ARE YOUR PAIN POINTS?

Necessity for Enterprise Level Security

Lack of Centralized Storage

Managing Copyrights, NDAs, and Non-competes

Increased Liability & Risk

screenshot

ECM is synonymous with effective “Program Management”

Specific successful ECM benefits to an organization include:

Cost Savings

The methods used to acquire goods and services at the best price and under the best terms need to follow a structured process with careful planning and management. Proactively managing renewals for increased revenue and cost savings will require investment from the company. The cost of not doing it can far outweigh the cost of doing it right.

Legality Issues

Without proper contract management, companies run risks that range from closure due to failures in legal compliance to struggling with high operational costs as a result of poor contract processes. A company with poor contract management is akin to a weakened organization.

Organizational Efficiencies

Accelerate cycle times and reduce operational costs by automating creation, review, approval and execution processes. Take advantage of contract incentives by automatically managing key milestones, ensuring a single point of truth and alignment of knowledge of commitments across the functions in the organization.

Expertise and Success with Dedicated Software

We can leverage our past performance which demonstrates our experience working with clients to help reorganize their legacy systems to better centralize, manage, and monitor their contracts – without the need for manual intervention, generating internal bottlenecks or managing multiple sources of information. The types of businesses that should consider enterprise contract management software, include.

Large Business Handling Large Volumes of Contracts
Organizations Operating Multiple Divisions or Across Multiple Locations
Enterprises in Heavily-Regulated Industries
Large Business Handling Large Volumes of Contracts

Contracts underpin the way businesses work and the bigger the business, generally, the more contracts there are to manage. Medium to large sized organizations typically find that a manual approach to contract management eventually leads to chaos and a lack of control.

Effective management requires granular, repeatable activities to occur at each stage of a contract’s lifecycle and a manual system cannot support the level of work required.

An enterprise contract management solution provides a secure central contract repository, giving complete visibility to everyone who needs it and helps businesses to create a single source of truth for standardized working.

Intuitive software also automates internal processes, helping large businesses in particular process contracts and their metadata more efficiently and effectively.

Organizations Operating Multiple Divisions or Across Multiple Locations

Larger businesses are often geographically spread with team members working across the globe. This geographical distribution has been made more commonplace by the growing trend of working from home in light of COVID-19.

In these circumstances, localized databases of contracts and other information are quick to develop and can easily lead to disparate data and inconsistent ways of working.

This lack of standardization can lead to inaccuracies, contract risk, costly mistakes and a lack of collaboration across the organization. In enterprise-level organizations, these risks are exacerbated by the fact any single contract can be required to pass through multiple departments such as Procurement, Legal, Sales and IT.

Cloud-based enterprise contract management solutions can resolve and prevent many of the issues listed above through centralization and improved accessibility for contract data.

Traditional working silos are eliminated, internal contract processes are standardized and the whole organization can work together to drive maximum value from contracts.

Enterprises in Heavily-Regulated Industries

Many enterprise businesses have to manage a larger volume of contracts while meeting stringent regulations and layers of compliance requirements. This is especially true for organizations within healthcare, pharma and financial services industries.

Regulation of these industries in particular dictate that a business’s contracts and suppliers need to be carefully monitored to ensure that relevant certifications or insurance documents haven’t expired and risks are being minimized.

Data protection is every bit as important as other regulatory requirements, especially for enterprise businesses that are operating in multiple jurisdictions.

For organizations managing thousands of complex contracts, using a spreadsheet for compliance tracking, monitoring and data protection is impractical and takes up too much time, resource and effort.

Enterprise contract management software automates compliance efforts. It provides businesses with timely alerts and notifications when a contract or its associated certifications are about to expire, allowing the business to act ahead of time and ensure any obligations and regulatory requirements are being met.”

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TECHCORE Management Solutions Services (TECHCOREMSS) is a minority woman service-disabled veteran-owned small business (MBE/WOSB/SDVOSB) professional service solution organization with over 25 years of experience delivering high-quality technical and professional services to federal, state and commercial clients. Our extensive subject matter expertise spans Management Consulting, Business Process Management, Digital Transformation, Human Resources, Information Technology, Project Management, Training, and Staff Augmentation for all levels of commercial and government organizational optimization.

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800 Corporate Drive
Suite 301, Office 314 Stafford, VA 22554
info@techcoremss.com
1 (703) 337-4300

TECHCORE Management Solutions Services (TECHCOREMSS) is a minority woman service-disabled veteran-owned small business (MBE/WOSB/SDVOSB) professional service solution organization with over 25 years of experience delivering high-quality technical and professional services to federal, state and commercial clients. Our extensive subject matter expertise spans Management Consulting, Business Process Management, Digital Transformation, Human Resources, Information Technology, Project Management, Training, and Staff Augmentation for all levels of commercial and government organizational optimization.

ABOUT

  • Who We Are
  • Partners
  • Newsroom
  • Careers
  • Contract Vehicles
Menu
  • Who We Are
  • Partners
  • Newsroom
  • Careers
  • Contract Vehicles

SERVICES

  • Staff Augmentation
  • Agile Transformation
  • Business Process Management (BPM)
  • Digital Transformation
  • Infrastructure Management
  • Software Application Development
  • Training
Menu
  • Staff Augmentation
  • Agile Transformation
  • Business Process Management (BPM)
  • Digital Transformation
  • Infrastructure Management
  • Software Application Development
  • Training

PRODUCTS

  • Employee Resourcing Application (ERA)
  • Contract Acquisition Management System (CAManS)
Menu
  • Employee Resourcing Application (ERA)
  • Contract Acquisition Management System (CAManS)

CUSTOMERS

  • Clients
Menu
  • Clients

CONTACT US

800 Corporate Drive
Suite 301, Office 309 Stafford, VA 22554
info@techcoremss.com
1 (703) 337-4300

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