We are re-evaluating our purchasing processes in an effort to improve our efficiency. One of the pain points we would like to eliminate is creating hard copy paper files for every microthreshold purchase. The DCMA CPSR Guidebook dated October 13, 2015, states that the CPSR analysts are to verify that the contractor's files includes a purchase requisition, purchase order, and documentation that the price is fair and reasonable and the basis for determination. We currently make hard copy paper files for each purchase, and verify compliance on every purchase--even microthreshold purchases. As you can imagine, this process is time-consuming with very little value or benefit except to aggregate the paper for a purchase. Our hard copy paper files contain the purchase requisition, purchase order, and a documentation on why the price is fair and reasonable and the basis for that determination. I would like to abandon making hard copy paper files for the microthreshold purchases, and rely on the identical scanned documentation stored in our Oracle system and SharePoint for the microthreshold purchases. We would create hard copy paper files for the microthreshold purchase samples that are requested by an auditor in support of the CPSR audit. Thoughts? Is there anything that obligates us to keep hard copy paper files for the micropurchases?
Sylvia