Vendor Centric Launches Toolkit to Help Organizations Meet 2024 Federal Procurement Standards

GAITHERSBURG, Md. - Oct. 16, 2024 - PRLog -- Vendor Centric, a leader in procurement and compliance solutions, announces the launch of the UG Procurement Compliance Toolkit, a resource designed specifically for do-it-yourselfers. The toolkit helps organizations receiving federal grants and cooperative agreements comply with the 2024 Uniform Guidance procurement standards without needing external consultants or costly services.

The toolkit equips users with everything needed to confidently meet compliance requirements, including step-by-step guidance, tools for identifying gaps, and resources for updating policies and procedures. The built-in compliance playbook offers flexible, customizable language to help organizations tailor their procurement policies to meet federal standards.

"Many organizations struggle with federal procurement compliance due to its complexity," said Tom Rogers, CEO of Vendor Centric. "Our toolkit is specifically designed for do-it-yourselfers. It provides the tools, structure, and guidance needed to ensure compliance without the expense of hiring consultants."

Key Features of the UG Procurement Compliance Toolkit:

• Gap Analysis Tools: Comprehensive tools to identify gaps in your current policies and procedures, ensuring alignment with 2024 federal procurement standards.
• Procurement Compliance Playbook: A detailed, customizable guide for updating your organization's procurement policies and procedures.
• Audit Readiness Self-Assessment: A final checklist to ensure your organization is fully prepared for audits, reducing the risk of compliance findings.
• Guided Video Tutorials: Step-by-step video instructions that walk you through each phase of procurement compliance.

The toolkit is ideal for procurement officers, compliance managers, and finance professionals who want to manage compliance themselves, saving time and money.

For more information about the UG Procurement Compliance Toolkit, visit tools.vendorcentric.com.

About Vendor Centric:
Vendor Centric specializes in vendor management and procurement solutions, offering expert guidance and hands-on support to help organizations transform siloed, ad-hoc activities into streamlined, compliant operations. Since 2011, Vendor Centric has helped organizations manage procurement, contracts, and third-party risks more effectively.