Software automates every aspect of government procurement.
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Press Release Summary:
Run on Internet, Open Contract System (OCS) maps each step in contracting process, electronically alerts next person to take action, and follows up if they do not respond promptly. Solution lets users order anything on contract that OCS manages, from anywhere, at anytime. Software also provides complete control over spending and is compliant with requirements such as S. 2590 Federal Funding Accountability and Transparency Act.
Original Press Release:
Solution for Government Procurement Troubles
In the Wake of Reported Scandals, Corporate Favoritism, and Long Waits by Military Personnel, Private Sector Company Responds With a Comprehensive Solution
CARLSBAD, Calif., June 18 -- Networld Exchange, a developer specializing in procurement systems for the federal government is announcing the arrival of the Open Contract System (OCS).
"Government procurement processes tend to be very slow, but generally for some good reasons, such as management control over types of purchases and fairness in awarding winning bids," says Mark Beninger, Networld CEO. "The problem is that government systems do not provide the visibility needed to ensure these objectives are actually met. Discovery often occurs after the fact. Further, deployment of procurement technology to the warfighter simply has not taken place."
"OCS addresses all of these issues. Basically, you can order anything on a contract that OCS manages, from anywhere, at anytime. OCS runs on the Internet and it's fast because it automates virtually every aspect of government procurement. It maps each step in the contracting process, electronically alerts the next person to take action, and follows up if they don't respond promptly. More importantly, OCS provides complete control over spending and is compliant with new requirements like S. 2590, the Federal Funding Accountability and Transparency Act, which requires a Google-like search engine and database to track approximately $1 trillion in federal grants, contracts, earmarks, and loans."
89 Federal agencies (and over 1,000 vendors) have used Networld solutions since 2003. Per Beninger, "it is well known that government annually spends hundreds of millions of dollars on procurement related systems that don't work with other government systems or never work at all. OCS pricing is based on usage fees. If you decide not to use it there are no fees!"
Open Contract System is a product of Networld Exchange, based in Carlsbad, California.
CONTACT: Stan Sydor, +1-760-496-3531, or ssydor@networldexchange.com
