Compusearch Unveils New Release of SpectrumCLM for Federal Contractors

DULLES, Va., May 29, 2012 /PRNewswire/ -- Compusearch Software Systems announces the launch of the latest version of SpectrumCLM, the only Contract Lifecycle Management software built to meet the unique requirements associated with Federal Government Contracting.  SpectrumCLM is based on the same proven software technology Compusearch has delivered to over 100 Federal Agencies to manage their FAR/DFARS-based acquisition and contracting processes.  SpectrumCLM has been developed to help the commercial Federal Contracting community manage their contracts efficiently and in compliance with increasingly stringent government regulations.

"The environment for government contractors, large and small, has become very challenging with the new DFARS Contractor Business Systems Rule which allows for up to 10% withholdings for system deficiencies, as well as a generally more aggressive approach by government auditors," said Reid Jackson, CEO and President of Compusearch.  "We bring our proven FAR/DFARS contract lifecycle management technology and deep expertise of government procurement to industry so that they can better manage their federal, commercial, and international contracts."

SpectrumCLM embodies Compusearch's 25+ years serving the federal government and its thousands of suppliers with acquisition and contract management software.  SpectrumCLM allows companies doing business with the federal government to:

• Access regularly updated "Clause Libraries" featuring the FAR, DFARS, and supplements (including all current and historical)
• Find critical contract information quickly with links mapping the internal project/task numbers with the associated contracts and CLINs/SLINs/ACRNs
• Centralize and standardize the entire contract lifecycle (including contracts, subcontracts and sourcing)
• Mitigate risk associated with DCAA and DCMA audits efficiently and successfully

"Working with our 'Early Adopter' customers, we have crafted a highly robust software solution that natively supports the business process and compliance requirements for businesses with federal contracts," said Peter Scott, General Manager of Compusearch's new Federal Contractor Business Unit.  "Companies we've engaged with are overjoyed to discover there is finally a contract management solution that meets their needs with rich, out-of-the-box functionality."

To learn more about SpectrumCLM please visit www.compusearch.com/spectrumCLM.

About Compusearch
Compusearch has a 29-year history providing software solutions and systems integration services to help government agencies and contractors implement, operate and maintain end-to-end acquisition and grants solutions. Today, Compusearch provides its solutions to tens of thousands of users at over 100 civilian, intelligence, defense, and commercial organizations around the globe with the business intelligence, visibility, and control necessary to improve productivity and performance while also meeting increasingly stringent reporting requirements.  For more information, visit www.compusearch.com.

Trademark Information
Compusearch and SpectrumCLM are trademarks, or registered trademarks of Compusearch Software Systems, Inc., in the United States and/or other countries.

SOURCE Compusearch