Good question, dave2025. As a point of clarification for the entire discussion for everyone, PRISM is a very robust system and contract writing is just one component. Some other pieces including requisitions, workflow processing, contract management/administration support, vendor management, FPDS input, and financial integration. The financial portion is very important to some agencies because it allows seamless interface with accounting and financial systems.
All this means is someone with all these components can initiate and track requisitions, apply funds certification (only authorized users while others can view), create solicitation and award documents, track invoices and payments including line-by-line account reconciliation, and initiate closeout. The interface also allows easier creation of dashboards if that’s of importance to offices.
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formerfed ·