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Past Events

NCMA GCMC
November 5, 2012

NCMA World Congress 
July 31, 2012

SpectrumCLM Webinar
June 20, 2012

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SpectrumCLM Overview

Federal contractors face unique challenges in managing the contracts they receive from the government. The documentation, compliance, and audit requirements for a federal contract are exponentially more complex than that of a typical commercial contract, and the stakes for non-compliance or a failed audit have never been higher.

“Contractors with strong cultures of compliance and risk management will be best suited to endure the Government’s increased oversight and heightened compliance expectations. Contractors positioned to fulfill the Government’s strongest needs and wants at the lowest cost will continue to thrive. Skillful and timely contract management will be as critical as excellent contract performance.”

– Brent Calhoon, Baker Tilly
Government Contractor Advisory (GCAS) Division

Click here to read the complete article >

The DFARS Contractor Business Systems Rule (DFARS 252.242-7005, finalized in February 2012) establishes requirements for six different business systems including a contractor’s accounting and procurement system which would both be supported by Spectrum’s Contract Lifecycle Management system. Finding “significant deficiencies” in these systems can allow the Contracting Officer to withhold up to 10% of progress payments. Deficiencies in these systems can also impact past performance ratings and eligibility for future awards.

The only system to fully support federal contracting out-of-the-box

SpectrumCLMTM is the only solution to offer native FAR/DFARS compliant contract management and support the level of complexity and regulation that is routinely found in government.  In fact, SpectrumCLM is powered by the same software technology that powers PRISMTM, the most successfully implemented acquisition and contract management solution across the government today (used by more than 100 federal civilian, defense, and intelligence organizations).

SpectrumCLM offers full contract lifecycle management from bid through contract award and modifications to final closeout. SpectrumCLM also helps companies create and manage all the related subcontracts and sourcing materials needed to support the prime contract while capturing important documentation such as teaming agreements, NDAs, OCI Vetting and Subcontracts. It even prepares important supporting documents and reports such as contract briefs as well as other reports to support incurred cost submissions

SpectrumCLM is a web-based, zero-footprint solution that can support users around the globe, even in mobile or teleworking environments. It is typically provided to customers in a convenient software-as-a-service (SaaS), hosted deployment and support model.

Features

  • Comprehensive workflow and approval routing with audit logs
  • Electronic alerts and email notifications
  • Robust ad hoc reporting, and standard report library
  • Graphical executive dashboard for key performance metrics
  • In depth search functionality including support documents
  • Standard integration to leading financial/ERP systems