Efficient contract management processes are critical to ensure that goods and services are delivered as expected and engagements are profitable. Federal government contracts often have detailed terms and conditions that require strict contract oversight and administration. In many cases, the failure to adhere to these requirements can result in delayed payments, penalties, or even cancellation of the contract. And should any of these scenarios occur, it could prove to be problematic in winning another government contract.
In order to survive and thrive in such an unstable business environment, contractors must assure that their contract administration personnel and finance team work closely together to streamline their processes and present a common message to government program managers, contracting officers and auditors with whom they interact on behalf of the company.
JAMIS Prime ERP provides a single unified source for collaboration, leading to success and profitability. View the video below to find out more about how JAMIS Prime ERP can help your organization!