Selectica (NASDAQ:SLTC), a leading provider of contract lifecycle
management (CLM) solutions, today announced that ManTech
International Corporation (NASDAQ:MANT) has licensed Selectica’s
Contract Performance Management (CPM) solution. ManTech is integrating
Selectica’s CPM contract lifecycle management
platform to help manage defense and government contracts for its
customers including agencies within the Department of Defense (DoD) and
the Department of Homeland Security, as well as various contracts with
vendors and subcontractors to deliver secure IT solutions.
ManTech chose Selectica CPM over other contract lifecycle management
products because Selectica CPM offered greater adaptability and
versatility to meet their needs. In addition to managing its contracts,
including tracking contractual changes and managing contract archiving,
ManTech plans to use Selectica CPM to manage pre-contract processes as
well, such as managing RFPs and proposals, tracking for conflicts of
interest with other business units, and qualifying and managing
subcontractor relationships.
Earlier this year, Business Week magazine named ManTech one of
the top 100 IT companies in the world.
To help manage large, complicated federal
contracts, ManTech plans to use Selectica CPM to help track an
engagement from the initial phases through the proposal process to
contract award and closeout. This management process also includes all
subcontractor relationships. By integrating contract management into the
RFP process, ManTech can establish business rules and conditions from
the outset. Customized questionnaires make it easy to map business rules
to RFPs and Selectica CPM can manage workflow and approval processes as
well. ManTech also plans to use Selectica CPM’s
hierarchical and relational structure to track individual contractor
agreements and manage rules that flow down the value chain to
subcontractors, as required by Federal Acquisition Regulations (FARs)
and Defense Federal Acquisition Regulation (DFARs). This flow down
aspect is critical to government contracts because they often involve
multiple subcontractors, as well as second-tier subcontractors, all of
whom must comply with the overarching regulations of the prime contract.
"Fulfilling government contracts is involved
and complex, and we assessed a number of contract management solutions
before determining Selectica had what we needed,”
said Mike Uster, Vice President of Contracts for ManTech. "In
working with Selectica, we have discovered that their CPM software has
the modeling and hierarchical capabilities to integrate contract
management into the overall value chain. Selectica offered the best
solution to manage our contractual relationships from the initial
proposal right through to managing subcontractor relationships.”
Selectica CPM is readily adaptable to multiple steps in government
contracts, beyond contract creation negotiation, execution, and
management. It can be used for non-contract creation and management,
such as for assessing proposals and vetting organizational conflict of
interest (OCIs), and third-party agreements. Selectica CPM also has
special provisions to accommodate subcontractors, including FAR
and DFAR flowdown and qualification using a questionnaire
wizard. It also features workflow
and approval processes, clause library functionality and
reporting, advanced security, reporting, and an easy-to-navigate
dashboard.
"Our contract lifecycle management platform
was designed to create visibility into the entire contractual process,
which is why it adapts so well to government contracts,”
said Tanuj Chatterjee, Vice President of Engineering for Selectica. "ManTech’s
visionary approach to contract management requires complex process
management and a flowdown structure with a sophisticated hierarchy and
rules engine, and we were delighted to be able to demonstrate the power
and adaptability of Selectica CPM to meet their needs.”
About ManTech International Corporation:
Headquartered in Fairfax, Virginia, with more than 7,600 professionals,
ManTech International Corporation is a leading provider of innovative
technologies and solutions for mission-critical national security
programs for the Intelligence Community; the departments of Defense,
State, Homeland Security and Justice; the Space Community and other U.S.
federal government customers. ManTech’s
expertise includes systems engineering, systems integration, technology
and software development, enterprise security architecture, information
assurance, intelligence operations support, network and critical
infrastructure protection, information technology, communications
integration and engineering support. The Company supports the advanced
telecommunications systems that are used in Operation Iraqi Freedom and
in other parts of the world; has developed a secure, collaborative
communications system for the U.S. Department of Homeland Security; and
builds and maintains secure databases that track terrorists. The company
operates in the United States and 42 countries. In 2007, ManTech was
named one of BusinessWeek.com’s fastest
growing tech companies; to Business 2.0 magazine’s
100 Fastest Growing Technology Companies list for the second year in a
row; to the Deloitte & Touche list of the 50 fastest growing technology
companies in Virginia; and a GI Jobs magazine Top Ten Military Friendly
Employer. Additional information on ManTech can be found at www.mantech.com.
About Selectica, Inc.
Selectica
(Nasdaq:SLTC)
provides its customers with software solutions that automate the
complexities of enterprise contract management and sales configuration
lifecycles. The company's high-performance solutions underlie and unify
critical business functions including sourcing, procurement, governance,
sales and revenue recognition. Selectica has been providing innovative,
enterprise-class solutions for the world's largest companies for over 10
years and has generated substantial savings for its customers. Selectica
customers represent leaders in manufacturing, technology, retail,
healthcare and telecommunications, including: ABB, Ace Hardware, Bell
Canada, Cisco, Covad Communications, General Electric, Hitachi,
International Paper, Juniper Networks, Levi Strauss & Co., Rockwell
Automation, Tellabs, and 7-Eleven. Selectica is headquartered in San
Jose, CA. For more information, visit the company's Web site at www.selectica.com.