TrakSoft Announces the Release of Contract Analyst, a Contract Management System, Version 2.0, a Major Upgrade, which Includes a Built-In Ad Hoc Report Writer

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TrakSoft, a professional software development firm, today announced the December 4th release of Contract Analyst, an innovative and all-inclusive Contracts Management System, version 2.0, which is a major upgrade that includes a built-in Ad Hoc Report Writer and extensive Group Level Security.

Unlike other Contract Management Systems that starts the contract lifecycle at the award date, Contract Analyst starts the lifecycle before the creation of the Request For Proposal (RFP).

TrakSoft, a professional software development firm, today announced the December 4th release of Contract Analyst, an innovative and all-inclusive Contracts Management System, version 2.0, which is a major upgrade that includes a built-in Ad Hoc Report Writer.

"Contract Analyst manages the full lifecycle of a contract, before it is even awarded," said Gary Harris, Director and Chief Developer. "Unlike other Contract Management Systems that starts the contract lifecycle at the award date, Contract Analyst starts the lifecycle before the creation of the Request For Proposal (RFP)."

Contract Analyst is a comprehensive, full-featured, and intuitive Contracts Management System. It provides step-by-step procedures to guide you through the full contracting process - from initial analysis through the creation and advertisement of RFP's, through the receipt and scoring of proposals, to awarding, managing, and closing of the contract. You can start with the project definition and effortlessly work your way through the cost-benefit/risk analysis prior to preparing the Request for Proposal. Advertise the project for bid and use Contract Analyst to keep track of all the various processes such as advertisement production tracking, mailings, and proposal requirements and scoring. Award the contract to the winning vendor and manage the contract to project completion.

Contract Analyst is available in four versions. The Desktop Version is a single-user version that comes with its own self-contained database. The Enterprise Version is an unlimited user, one-price, network version for the entire organization whether installed on a LAN, WAN, or the web. Unlike most other enterprise-wide programs where you pay by the user, you pay one low price. The Desktop and Enterprise Versions are also available in "Plus" versions, which includes a built-in Ad Hoc Report Writer.

"The new Ad Hoc Report Writer will allow users to create and save any type of report on any data maintained in the database," said Paul Buck, Senior Developer. "In addition to reports, users will be able to create RFP and Contract Templates with the new Ad Hoc Report Writer."

Contract Analyst manages and tracks Requests for Proposals, proposals received, vendors, clients, and contracts. It includes proposal and contract status tracking, coordination and approvals, notifications, vendor performance tracking, compliance requirements tracking, contract budgeting and payment tracking, waivers, exemptions, encumbrances, amendments, deliverables, and much, much more. In addition, users can attach an unlimited number of digital files and/or links to contract records. These include, but are not limited to, word processing documents, spreadsheets, and drawings, and graphics. Contract Analyst comes with a stand-alone program called E-Bids, providing the capability for vendors to submit bids electronically. The bids are encrypted, making them extremely secure. Only the organization that issues the RFP can un-encrypt the bid.

Contract Analyst includes a "Tickler Window" to remind you of upcoming important dates so you don't miss contract milestones. In addition, The Enterprise Version provides the capability to send out e-mail notifications of a wide variety of pending dates.

"Extensive Group-Level Security has been added to the new version," said Paul Gronka, Senior Developer, "allowing the capability to create an unlimited number of user-defined security groups to restrict access to only those who need it."

Product support for Contract Analyst is unmatched. It is provided by the developers themselves and not outsourced, untrained helpdesk personnel following checklists. Both government and private organizations that award contracts can use contract Analyst. Additionally, the vendor who was awarded the contract can use it to track their bids and contracts, and help ensure they meet all contract obligations. Organizations can download and evaluate a 31-day, fully functional version of Contract Analyst with no obligation.

TrakSoft, in Lakeland, Florida, specializes in professional and unique software for both the government and private sectors. For more information, please visit Contract Analyst Web Site.

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GARY HARRIS
TrakSoft
863-709-8792
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