CONTRACT OPPORTUNITY

DOD explores improving how it pays vendors

The Defense Department wants to update up the process it uses to pay its suppliers by using commercial software.

DOD released a request for informaiotn on Oct. 22 as part of the Defense Agencies Initiative. Responses are dune Nov. 7.

The government intends to buy commercial software that complies with DOD's business enterprise architecture to improve existing capabilities and eliminate custom extensions. Officials are requiring a solution that minimizes the need to redesign the software. DIA’s goal is to make the payment process more efficient, eliminate transaction errors, improve accounting accuracy, create accurate payments to suppliers, and reduce operations and sustainment costs.

The DIA program is DOD’s effort to modernize financial, time and labor, and procurement capabilities for 12 defense agencies.

The payment process is known as procure-to-pay and spans the procurement process from the initial request for goods or services to the payment for those goods and services.

Officials will use the feedback from the request for information to develop requirements for a new procurement.

About the Author

Matthew Weigelt is a freelance journalist who writes about acquisition and procurement.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.