Contract Insights

U.S. Federal Contractors - no matter which government agency or department they are contractually involved with - can face several challenges throughout the contract lifecycle.  With many different tasks to perform, there is a lot of room for errors or missteps that may lead to contract lifecycle bottlenecks, compliance challenges, regulatory violations, wasted time, and lost revenue.  Luckily, government contract management software can help.  Here’s how.

Government supply chain management is a multi-faceted, involved process – including the handling of RFIs, RFPs, and RFQs.  Supply chain RFx management responsibilities may include accumulating vendor proposals, collecting quotes to compare vendors and contractors, establishing a database of vendors and contractors, signing off on approvals before selecting them, managing contracts, and much more.  Handling these different tasks with separate manual processes can make for a disorganized approach that can potentially lead to lost opportunities, supply chain lifecycle bottlenecks, improper vendor and contractor selection, wasted time, and revenue loss.  Luckily, integrated contract management software solutions can help.  Here are three ways to improve government supply chain RFPs.

As the end of the traditional local government fiscal year draws near, city, state, and other public agencies must make sure that they are leveraging their budgets by investing in software tools for streamlined, robust, and transparent contract management, purchasing, and sourcing for current and future needs.  Here are five tools that can be used for simple, user-friendly, and powerfully integrated government contract management, procurement, and sourcing processes.

CobbleStone attended the 2019 NY GovBuy on April 30^th and May 1^st as a contract management and eSourcing software exhibitor.  The event was a collaborative experience for NY state government buyers, held in Albany, NY at the Empire State Plaza and Albany Capital Center.  Sessions provided conference attendees with industry news and best practices for procurement, bid management, contract management, and more.  If you didn’t get a chance to attend 2019 NY GovBuy, I outlined some key takeaways from the NY state conference.