HERNDON, Va., May 29, 2013 /PRNewswire/ -- MicroPact, a leading provider of enterprise case management and business process management (BPM) software, today released its entellitrak Federal Contracts Management solution. The pre-configured process template provides government contractors with a dynamic solution to deliver rigorous oversight, real-time insight and enhanced collaboration capabilities.
The Federal Contracts Management software solution replaces the reliance on spreadsheets, ad hoc databases and even paper files that are used by many government contractors. Those limiting and disconnected systems cannot handle the demands associated with tracking complex contracts.
"Effective and systematic contracts management is crucial for government contractors," said Kris Collo, CEO, Founder and President of MicroPact. "The advanced technology behind the entellitrak Federal Contracts Management solution relieves the inevitable stress that even the most efficient companies face when tracking and managing multiple contracts with many moving parts."
MicroPact, which works with more than 200 federal agencies, developed the Federal Contracts Management solution after an exhaustive search for a system to use to manage its growing list of contracts.
"There is nothing like this on the market," Collo said. "We know because we did the research and we couldn't find what we needed to successfully manage our federal contracts."
entellitrak allows multiple departments – Sales, Legal, Development, Accounting and Support – to track and manage contracts as they move toward fulfillment. By giving approved users secure access to entellitrak, organizations are able to communicate and provide frequent updates. Alerts can be created and sent directly to team members based on specific events such as contract modifications and deadlines. Reports can be run to mine data of active and completed contracts.
MicroPact serves more than 200 federal agencies and organizations, as well as Fortune 500 companies, through the development of advanced Case Management and Business Process Management software. MicroPact's open architecture, on-premises or cloud based products can be implemented immediately and configured continuously, enabling customers to get to work quickly while keeping costs low. For more information, visit www.micropact.com.