THE TRACK ADVANTAGE IN EFFECTIVE CONTRACTOR COST MANAGEMENT
Posted on Dec 31, 1969
As service contracting has grown over the past few decades, owners have struggled under mountains of paper timesheets, invoices – and errors. Twenty years ago, Management Controls, Inc. addressed this growing problem and created the initial design for Track Software. Track's "secret sauce" is to automate the entire contracting process from time capture through to invoicing. Additionally, Track accounts for contract rates and T’s and C's, allowing the owner to pay only for accurate hours and rates. The following white paper on contract service cost management was excerpted from a speech given by Bob Harrell, Founder and President of Management Controls, Inc.