Author: Unison

Artificial Intelligence (AI) and Machine Learning (ML) are growing topics across all industries. Government contractors (GovCon) and federal agencies continue to join the conversation on how the two can be built into strategies and processes to improve efficiency—along with the obstacles in implementation.

There are many great contracting systems on the market for commercial businesses, but most do not contain a full complement of capabilities necessary for Government Contractors (GovCon). Why look closely at GovCon specific capabilities? Investing in the right contract lifecycle management software is important to ensure it will provide the needed benefits. Use the best set of capabilities to ensure that your contract lifecycle management system is easily automating your GovCon contracts lifecycle.

Government contracting is a highly regulated industry with regulations continuously increasing as seen with the 77 executive orders issued in 2021 and ongoing updates to security issues such as CMMC. Along with these regulations, many other factors impact the current landscape of government contractors.

Let’s talk TruePlanning, and focus on a set of inputs that directly impact a specific activity: Production Manufacturing. This activity will be very important for acquisition programs as it typically represents the highest cost along with non-recurring engineering.

Chief Financial Officers at a recent roundtable discussed their top-of-mind priorities for modernizing business processes and how modern technology can support those goals. The discussion closely examined how the contracts department impacts all aspects of government contracting (GovCon) business performance and how it can be utilized to positively impact ROI.