CACI and Oracle Deliver Solution and Services to ImproveBy ORACLE
Tuesday, September 21, 2010
Federal Contract Management
Co-Development Agreement with Oracle Delivers Oracle Contract Lifecycle Management for Public Sector
CACI International Inc (NYSE: CACI) and Oracle announced today the release of Oracle Contract Lifecycle Management for Public Sector. This new offering helps federal organizations create and manage contracts by standardizing business processes, reducing time-to-contract, and increasing compliance. (See today’s corresponding press release from Oracle, “Oracle Unveils Oracle Contract Lifecycle Management for Public Sector.”)
This release culminates a two-year co-development effort in which CACI provided subject matter expertise gained from more than 30 years of experience designing and implementing contract management systems for the Department of Defense, Federal Civilian and Intelligence agencies to help Oracle enhance the functionality of its commercial off-the-shelf (COTS) Oracle E-Business Suite.
As part of this effort, CACI has leveraged its broad implementation experience and unique insights to create a set of pre-built, packaged content and implementation services that are designed to help close the gap to customer-specific requirements without extra effort by customers. These services provide considerable value for customers while allowing them to maximize the full capabilities of Oracle Contract Lifecycle Management for Public Sector.
“In working with our government customers over the years, it became apparent that there was a need to combine functionality for routine and complex contracting into a single system and have it integrated with financial applications for a complete procure-to pay solution that does not require manual interventions,” said Mark Johnson, Senior Vice President, Public Sector Sales, Oracle. “With Oracle Contract Lifecycle Management for Public Sector, our customers now have a solution that accomplishes this while helping customers meet federal compliance mandates, especially for the complex contract management needs related to major acquisitions. We look forward to working with CACI, our preferred provider of implementation services for this product, to deliver this solution to our customers.”
According to Gil Guarino, Executive Vice President, CACI, “CACI provides federal agencies with information technology solutions that are built on industry best practices and proven expertise in the business of government. Our agreement with Oracle leverages CACI’s deep functional domain expertise to produce a best-in-class contract management solution that enables users to reduce cost, improve productivity, and achieve organizational goals with a positive impact on the way an enterprise does business. Oracle Contract Lifecycle Management for Public Sector implemented by CACI really represents a total solution for the customer. By combining a full-featured, enterprise contract management system with a federal integrator that has pre-built content and knows how to implement acquisition systems, we will bring real value and a total solution to our customers.”
Oracle (NASDAQ: ORCL) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, visit www.oracle.com
CACI International Inc provides the professional services and IT solutions needed to prevail in the defense, intelligence, homeland security, and federal civilian government arenas. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 13,100 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at www.caci.com (www.caci.com/) and www.asymmetricthreat.net (www.asymmetricthreat.net) .
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Contacts: Jody Brown Katie Barron
CACI International Inc Oracle Corporation
(703) 841-7801 (202) 904-1138