NetImpact Contract Portfolio Management provides Federal agencies with a user-friendly, configurable tool built to capture the entire portfolio of a program’s contracts, including Contract Period of Performance (with optional periods and line items), Contract Ceiling, Contract Obligations, Contract Expenditures, and configurable notifications for a period of performance and contract end dates, obligation and ceiling alerts.

Key Features

Financial Managers and CORs can access the easily configurable and aggregated Contract Summary roll-up of all contract data for easy viewing.

Financial Managers and their teams can view Contract Option Period details associated with a given contract,display option period dates, award amounts and related contract modifications.

An Organization can easily keep tabs on the amount of funds obligated to a contract during a contract period can be shown, identify obligation amounts, expiration dates, and view the ongoing obligation distribution.

Users can create contract invoice records that and upload invoice documents for transparency and easy tracking.

Customers can configure and set notification alerts for key contract dates (e.g., period of performance, contract end date) to enable proactive management of the need to exercise contract options, extend contracts, or develop new contracts., reducing risk of a loss of service for their programs.

Benefits

Increased Productivity

A single source of truth with common views of status, contract details, and notifications across all users allows for increased productivity among employees who no longer have to monitor and remember numerous important dates.

Increased Employee Engagement

Customizable workflows, approvals, and notifications enable trust and participation through allowing transparency across organizations.

Improved Responsiveness

Reminders and alerts via email support enable organizational responsiveness, and proactive action on important financial decisions related to contracts.

Improved Business Continuity and Reduced Program Risk

Contract financial data is now kept in a secure and accessible app. Creating a single source of truth reduces the risk of a lapse in service due to contract or period of performance expiration.