Washington, D.C. (PRWEB) August 20, 2013
Research available via the National Contract Management Association (NCMA) indicates that 98% of government contractors who qualify for a Contractor Purchasing System Review (CPSR) fail their first review (http://tinyurl.com/ncma-0). For contractors, failure during a CPSR means lost contracts, lost revenue and potential invoice withholds during ongoing performance.
Contractors can finally break this costly “fail” cycle and ensure proper spending of government funds with ProcureLinx Pro™, the first and only commercially available e-compliance tool for ensuring CPSR success. The official launch for ProcureLinx Pro™ recently occurred at the NCMA World Congress in Nashville this past July.
“In the current acquisition environment – with sequestration tightening government budgets and oversight increasing exponentially – it’s more important than ever for contractors to demonstrate to their customers that they are compliantly spending federal funds,” says Mark Hijar, Founder of ProcureLinx. “ProcureLinx Pro™ provides contractors with an innovative way to protect their customers, their business and the American taxpayer.”
Why do so many contractors fail CPSRs? According to Mr. Hijar, “A CPSR is an intense process that examines every aspect of contractor supply chain administration. It’s like a ‘pop quiz’ in that the government does not disclose what will be reviewed until the team shows up onsite to begin their review. As a result, inexperienced companies may not effectively prepare for the review and fail.”
ProcureLinx Pro™ takes that guesswork out of CPSRs with automated workflow, in-process tutorial tools and real-time graphic reporting. After decades of industry-wide confusion and widespread failures, contractors who use ProcureLinx Pro™ can proactively prepare themselves for CPSR success.
ProcureLinx LLC is headquartered in Arlington, Virginia. Founder Mark Hijar is an expert in supply chain management and federal procurement compliance who has held positions at all levels of government contracting legal and procurement functions from Subcontracts Administrator to General Counsel. For more information on ProcureLinx Pro™ and its features as well as training and services, please visit http://www.procurelinx.com. Learn more about federal supply chain management issues and solutions on LinkedIn and Facebook @ "CPSR Help and Hints."