M/WBE Compliance Solution – Diversity Commitment Management (DCM)
Minority and Women Business
Enterprises (M/WBE)’ Compliance Solution for the Public Sector
Diversity Commitment Management (DCM) is a cloud-based compliance solution by CherryRoad for public sector organizations to simplify and automate project/vendor tracking for Minority and Women-owned Business Enterprises (M/WBE). Our DCM solution integrates with Oracle’s ERP and Supplier portal and provides tracking of supplier payments and sub-contractor payments as well as state-mandated commitments to M/WBE contracts.
The compliance demands on state and local government and school districts continue to increase and drive customers to put a more efficient mechanism in place that allows suppliers to collaborate and minimize the burden on client procurement offices. Regardless of complexity in requirements, our compliance engine handles high supplier volumes, provides customer administrators with an intuitive user interface, and has seamless integration capabilities with cloud ERP solutions.
CherryRoad developed DCM through in-depth research on public sector requirements. DCM is a highly scalable and adaptable tracking solution that can help our clients deal with changes in the marketplace.
How DCM is Apt for M/WBE Compliance?
DCM enables you to track M/WBE classifications, contract amounts, and payments made to contractors and their sub-contractors, seamlessly, quickly, and easily.
M/WBE Compliance Solution benefits:
- Integrates with Oracle supplier portal, Oracle cloud applications, and PeopleSoft Business-Suite
- Enable supplier’s Single Sign-On (SSO)
- Compute each supplier’s dollar participation based on the – retained amount’ calculation method
- Identify each sub-contractor and specify participation amount
- Denote classification for each subcontractor (MBE or WBE)
- Capture supplier payments
- Acknowledgment of payment by sub-contractor
- Low-cost SaaS subscription-based pricing model
- Delivered reports
Client Story
School District of Philadelphia
The School District of Philadelphia and CherryRoad implemented a solution that will build community engagement by ensuring that portions of the operating budget designated for the purchase of goods and services through local, MBWE sub-contractors are allocated, paid and received.
Deeper insights into the program are now available through real-time data capture and robust reporting allowing the District to make informed decisions on additional ways to enhance and/or grow this program.
“We believe our collaboration will deliver greater efficiencies and cost-effective digital strategies for our community. CherryRoad’s extensive public sector footprint will maximize opportunities for us as we continue to modernize our enterprise. We look forward to working with partners like CherryRoad as we continue to deliver innovative solutions.”
Some Client Love
“We partnered with CherryRoad to implement Oracle Cloud for the City. Moving forward, Oracle Cloud will be the system of record at Roseville for all financial, payroll, and human resource transactions. It will serve as the centralized source of data, empowering staff to minimize manual processes and have access to a broader set of data needed to make timely informed decisions.”
“This is the second time in which the University has partnered with CherryRoad to achieve our business and technology objectives. During both experiences, CherryRoad exceeded our expectations. They have clearly demonstrated that they are a caring organization that listens. They have provided us with consultants who understand that system implementation is a technical and human process and are talented at blending both beautifully.”
“CherryRoad Technologies understands that flexibility and adaptability are essential for success in the communications industry. With CherryRoad as our partner, we implemented a software solution that lets us measure the profitability of individual projects and customer accounts, allocate personnel and resources more effectively and support the overall growth of our business.”
“As a tech-forward City, we are proud to utilize a digital tool which enhances our resident’s ability to be wholly involved. Whether it be to indicate budgetary priorities, share ideas, or to hear what fellow citizens want to share with their government, Digital Town Hall provides us a secure, easy-to-use, and digital forum to transact City business.”
“While it was not our plan to have our central office staff work remotely at the drop of a hat, we thankfully had CherryRoad’s Shark UTM® Remote Workplace at our disposal. In a matter of hours we created accounts for all of our central office staff and gave them connections to their desktops. It’s working out amazingly well and has provided invaluable flexibility in coping with the ever-changing work conditions we’re all facing.”