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AI-powered Compliance Software for U.S. Government Contractors

Founded year: 2021
Country: United States of America
Funding rounds: Not set
Total funding amount: Not set

Description

Government contractors encounter dozens of FAR clauses in every solicitation, contract and task order. Some clauses are simple, but many require action by various functions across an organization. FARSITE uses powerful AI & ML engines to help legal, contracts and compliance teams assess FAR clause obligations in advance, communicate specific compliance requirements to each team, and ensure accountability for future contracts.

So, imagine taking a government contract solicitation or award document and simply dragging it into FARSITE. Yes, it’s that easy. Drag the document into FARSITE and our AI & Machine Learning engine will instantly extract clauses and execute our proprietary ClauseCheck algorithm.

Key Features:
FARSITE makes it easy for organizations to understand clause compliance obligations. Our simple and easy-to-follow compliance instructions have been prepared (and are continuously updated) by one of the nation’s most trusted law firms for U.S. Government contracting and compliance.

For our enterprise customers, FARSITE has built-in functionality to capture electronic certifications and approvals for contracts, solicitations, and task orders.

We take cybersecurity seriously. All of your data is safeguarded in the cloud, accessible via your secure environment when you need critical data.Our platform security controls are audited by external SOC auditors. We conform to NIST 800-171 and NIST 800-53, which for the basis for CMMC controls.

When you’re the prime contractor, FARSITE generates one-click Flowdown Lists customized for each contract.
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