SymTrac® is a web-enabled management tool designed to monitor federal, state, or city mandated contract compliance requirements within an organization or agency. SymTrac® tracks subcontract participation requirements for minority, woman, disabled owned businesses, and other targeted groups. Through the distributive power of the internet, SymTrac® captures compliance data in real-time, thus enabling timely and meaningful compliance reports. SymTrac® automatically determines the compliance status of the prime contracts based on the validation, by subcontractors, of actual documented payments. Subcontracting plans, vendor certifications, payment histories, and past performance are all captured and made readily available for reporting and analysis. Additionally, SymTrac® produces reports by a variety of factors, such as funding source, contract type and commodity codes; the number and value of prime contracts; the number and value of subcontracts; and prime contracts and subcontracts by targeted groups.
To learn more about SymTrac®, click on the links below to see: Features and Functions, Compliance Business Process, Robust Reports, and Return on Investment. Click on Sample Reports to request sample copies of reports generated from SymTrac®, or to have someone contact you to discuss SymTrac® in more detail.
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