Management Controls, Inc., (MCi) was founded in 1989 by Bob Harrell. Prior to launching MCi, Mr. Harrell was CFO of a contract service company, and was Director of Internal Audit at ARCO, now BP, during the transition of company hourly employee workforces to predominantly contract personnel. Mr. Harrell’s experience on both sides of the owner/contractor relationship formed the genesis of Track software. MCi created Track v1.0 in 1990 to support the cost control efforts of a large turnaround.
Mr. Harrell recognized the need to automate the end-to-end creation of contractor and employee timesheets, approvals, and invoicing. Accurate, real-time hours and cost data provides visibility into job progress and is critical to forecasting project cost and completion date.
Track has been improved over the years to handle multiple contract types, automate compliance to contract terms, conditions and rates. Track added Equipment and Materials functionality and created powerful integration capabilities with SAP.
Forecaster is MCi’s newest product. It is the data hub where all project information is combined to create an accurate forecast of turnaround or capital project cost and completion date. Forecaster interfaces with Track, SAP and P6.
2014: Forecaster available for general release. Track processing $12B and growing.
2012: Track v6.2: $8 billion/year contractor labor, equipment and materials cost successfully processed by Track.
2010: Track v6.1: SaaS offering released and deployed at multiple customers.
2008: Track v6.0: Enterprise scalability,. PCF v1.0 Project Cost Forecaster released and deployed successfully at several, large refineries.
2007: TrackMobile: Intrinsically safe handhelds and TrackMobile introduced.
2006: Track v5.2: Multicurrency and multilanguage functionality. Analytics introduced.
2005: Track v5.1: Unit Price, Lump Sum and Estimating modules added.
2002: Track v5.0: Web based Microsoft .Net version; added equipment and materials modules.
1998: Track v3.0: Microsoft Windows client/server architecture.
1996: Track v2.0: SAP integration. 1994: Track v1.0: First Microsoft Windows-based application.
1992: Corporate operations move to Houston, Texas.
1990: Early software built to control and report contractor costs during a major turnaround at ARCO’s Los Angeles refinery.
1989: Management Controls, Inc. was founded in California as an auditing and consulting company.