First Fast 50 Award

First Fast 50 Award

VENTECHSOLUTIONS-GROUP-PIC-2-AWARD-2014Ventech received a Columbus Business First Fast 50 Award during the Fast 50 Awards Luncheon this afternoon at the Columbus Convention Center. The Fast 50 honors the fastest-growing privately held companies in Central Ohio.

View PDF: Fast 50 Award Newsletter 10_08_14

October 1, 2014

Ventech is pleased to announce a 5 year, multi-million dollar Federal contract with the Defense Contract Management Agency (DCMA). As the prime, Ventech will provide assessment, code documentation and transformation support services for the Mechanization of Contract Administration Services (MOCAS) system. MOCAS is a legacy system co‐ owned by DCMA and Defense Finance and Accounting Services (DFAS), providing post award contract administration. MOCAS currently processes over $220 billion per year in contract invoice payments, with a volume of over a million invoices. Ventech will also support the MOCAS system Shared Data Warehouse (SDW). SDW provides a single view of MOCAS contract data online. SDW receives real time, 24×7 contract transactions from the MOCAS system. SDW services over 500,000 data requests each month and supports numerous daily interfaces.

“We are delighted to add our new Federal client to the growing portfolio of enterprise clients for their sustainment and transformation efforts. Our vision statement ‐ QuAgiliti for Life™, sums up our continued success. Our people make us a safe choice.” – Ravi Kunduru, Founder and President, Ventech Solutions

DCMA is the US Department of Defense (DoD) component that works directly with Defense suppliers to help ensure that DoD, Federal, and allied government supplies and services are delivered on time, at projected cost, and meet all performance requirements. DCMA directly contributes to the military readiness of the United States and its allies.

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