Benefits of the B2Gnow Contract Compliance Module:

• Dramatically reduce administrative data collection efforts and accelerate compliance efforts via automated processes, built-in algorithms, and interconnectivity between other B2Gnow modules
• Access a powerful tool to manage all contracts online, in one location, accessible to employees at any time from anywhere.
• Create new contracts and set the contract budget, start and end dates, and diversity participation goals
• Save time and effort searching and identifying certified prime and subcontractors who meet project qualifications. Select search parameters and set thresholds; a sophisticated algorithm compares the vendor record to the full vendor database using all available fields with information.
• Track all communications and notes/comments for a more complete picture. Receive automated alerts for progress, goals reached, and records updated or changed. Create templated letters for contract status to send notifications on your company’s letterhead.
• View summary or detailed information. Track real-time site visits, communications, due dates, changes, payments, contract status, alerts, status history, and access. View contract progress to date and see the awarded amounts to the actual payments. Goal status is color-coded for easy at-a-glance viewing.
• Track allocated budget, payments, % of goals reached, and remaining balance. The contract payment matching process ensures accuracy and validates contract payments to their contracts