Personas - Finance

The Problem with Paper Timesheets

Discover how Track seamlessly aligns gate log data with contractual terms and conditions, overcoming the pitfalls of manual time tracking and physical signature collection.

Optimizing Outsources Services with "Best-in-class" Processes by Utilizing the Track Platform

Discover the strategic advantages of the Track platform and how it can revolutionize your approach to contractor management, setting your business apart as an industry leader.

The Track Advantage in Effective Contractor Management

Contractor Management Services: Transform Your Audit Findings

Don't let the fear of audits hold your business back. Find out how Management Controls can safeguard your contracted services management processes against unsatisfactory audit findings.

myTrack - Unlock the Power of myTrack for Finance Teams

Learn how myTrack empowers finance teams to control contractor costs, automate workflows, ensure compliance, prevent overcharges, and gain real-time financial visibility for better decision-making.

Change Management Activities Guide

Learn about the difference between Change Management and Project Management to enhance organizational culture and build resilience.

Unlock IRA Tax Credits with myTrack

Unlock your Inflation Reduction Act (IRA) tax credits with myTrack. Find out how this powerful tool simplifies compliance.

Contract Health Check: Maximize Your Time & Contract Health

See how the Track Platform centralizes your contract data in one place.

Can Your Time & Attendance System Manage Your Contractor Terms, Conditions, Rates, and Schedules?

Find out 11 ways Track differs from a traditional time and attendance system.

Maximize Rental Equipment Utilization

Get the ability to track any kind of equipment and services spend in one place to make better business decisions.

Can Your VMS Ensure You Are Paying Contractors Correctly?

Discover the 8 ways Track differs from a Vendor Management System (VMS).

Insights: The Track Platform

Find out how Insights can help your business make data-driven decisions in real time.

Lump Sum in Track

Find out how Track can give you the data you need to make better contracting decisions.

11 Most Common Invoicing Errors

Find out the most common invoicing errors and how to avoid costly mistakes.

Contractor Spend Solution Brief

Find out how to save 10-15% in contractor spend! Dive into our eBook and discover how our Track® Platform revolutionizes contractor spend management.

Simplifying the Complexities of Contractor Spend eBook

Unlock the potential of Contractor Spend Management tools and transform your manufacturing operations. Discover how real-time insights, compliance, and automation can lead to savings and more.

Large Electric Utility Provider Saves More Than $8 Million Annually with TRACK

Find out how a utility provider saved $8 million annually with TRACK software by improving contractor spend management and operational efficiency.

Steel Manufacturer Realizes an 18% Reduction in Equipment Overbilling with TRACK

Find out how a leading large U.S. steel manufacturer saved 5%-8% on labor and 18% on equipment with TRACK.

Fortune 5 Refinery Uncovers $2.1 Million in Labor Savings

Learn how Track's analysis at a Fortune Global 5 refinery uncovered $2.1 million in labor savings by revealing discrepancies in contractor labor invoices.

MCi MServ Significant Findings in Material Spend

With MServ's partnership, a global industrial leader identified $8 million in cost avoidance and achieved a 50x ROI by addressing supplier charge discrepancies and enhancing compliance measures.

MCi MServ Seamlessly Processed Vendor Hours

A heavy asset industry leader improved vendor relations, operational efficiency, and transparency by embracing the TRACK contractor data management system with MServ support.

MCi MServ Substantial Project Savings

A 6-week partnership with MServ on a $108 million project delivered a 7x ROI, clearing unallocated hours, and projecting over $1 million in cost savings.

Fortune 10 Energy Company Uncovers $1.1 Million in Discrepancies

See how a Fortune 10 energy company used Track to identify $1.1million in contractor billing anomalies, enhancing visibility and compliance at their plant.

MCi MServ The Power of Collaboration

Facing payment delays due to inefficient processes, a leading industrial supplier collaborated with MCi's MServ team, significantly improving efficiency and financial stability.

Lump Sum Analysis Detects $8 Million in Leakage

Dive into MCi's analysis of a client's $150 million contractor spend over 8 months uncovered $8 million in overspending, leading to $3 million in actual savings and $5 million in process improvements.

Pulp and Paper Leader Revolutionizes Cost Control and Contractor Management

Find out how a leading pulp and paper manufacturer transformed contractor management with Track, achieving dramatic improvements in cost control and visibility.

3 Ways myTrack Simplifies WHS Compliance for Miners in Australia

In Australia, managing Work Health and Safety compliance in high-risk mining environments is no easy task. If manual processes are slowing you down, it’s time to discover myTrack. This video covers

5 Benefits of Real-Time Cost Reporting

Cost reporting plays a crucial role in helping #industrial companies maintain budgets during #maintenance , #turnaround and #outage projects. In this video, we explore five key benefits of real-time

Are You Overpaying for Rental Equipment?

Are you overpaying for rental equipment? Find out how the Track Rental Equipment Module can help prevent overbilling for unused rental equipment.

5 Reasons You Need the myTrack Mobile Authorization App Now!

Discover the top 5 reasons why the myTrack Mobile Authorization App is a game-changer for your business. Learn how this innovative app enhances efficiency and simplifies the authorization.

3 Challenges of Turnkey Engineering, Procurement, and Construction (EPC) Projects

In this latest video, we delve into the complexities of Turnkey Engineering, Procurement, and Construction (EPC) projects. We explore the challenges that come with managing these intricate projects an

5 Reasons to Choose Tools with Open APIs

In this video, we're diving into the transformative power of technology in #heavyindustry . This video is a much-watch for businesses in sectors like #oilandgasindustry , #powergeneration and the #mi

3 Problems With Manual Contractor Data Management

Find out why manual data management can be time-consuming and error-prone for the #contractormanagement - leading to delays, increased costs, and project overruns. If you're ready to stop off-contract

5 Tips for Choosing a Commercial Strategy

? Unlock Success with Our Top 5 Tips for Choosing a Commercial Strategy! ? Are you ready to elevate your business game? In this must-watch video, we're breaking down the key strategies you need to c

5 Ways to Improve Supplier Relationships

How healthy are your supplier relationships? Find out if you're: ✔️Communicating clear expectations ✔️Aligning with suppliers with the same values ✔️Measuring the right data for decision-making Don'

Uncovering Hidden Risks in Owner / Contractor Relationships that Result in Over & Under Invoicing

This short clip from our webinar: "From Indifference to Insights" begins with a statistic from the American Academy of Internal Audit. We then focus on the topic of auditing relationships between owne

5 Ways You're Leaking Cash During Turnaround Season

What is involved in a typical outage or turnaround project? ✔️Dozens of contractor firms ✔️Thousands of open Purchase Orders/Work Orders/Activities ✔️500-1,000 or more contract workers daily How do

3 Problems with Paper Timesheets

Over the past 50 years, there has been an increase in contractor labor across many different industries. This increase has brought about many complexities for companies to manage. The typical process

3 Tips to Keep Mining Projects On-Schedule & On-Budget

⛏️Mining has a #productivity problem -- with 4 out of 5 mining projects coming in late and over budget by an average of 43%. How can the mining industry: ?Improve owner-contractor relationships? ?‍?Re

3 Things a Vendor Audit Will Reveal

?Would you like to determine the root causes of project overruns? Or ensure invoice accuracy? ?Watch this video to find out why it's critical to dig into contractor charges and accounting records duri

3 Trends & Challenges Facing Downstream Markets

?️VIDEO: From global uncertainty to supply chain constraints, the downstream industry has faced more than its share of chaos in the last few years. ?Watch the video to learn: 1. Why CapEx projects are

Insights-as-a-Service | Management Controls Inc.

Management Controls Inc. Insights-as-a-Service empowers companies with unparalleled human intelligence, based on the proprietary, real-time data gathered from the field. With daily updates on contract

TRACK Platform | Contractor Management Software

Women in Supply Chain: What They’re Doing Matters to the Future of Supply Chains

Jackie Andre, MCi's Senior Director, is highlighted in an article celebrating the impactful roles of women in the supply chain industry, showcasing their contributions to innovation.

myTrack® Helps Customers Take Advantage of the Inflation Reduction Act's Tax Credits

Discover how Management Controls Inc.'s myTrack Platform aids companies in utilizing the Inflation Reduction Act's 48C(e) tax credit.

MCi Revolutionizes Contractor Data Management With the Launch of myTrack, the Next-Generation Platform Optimized For Real-Time Insights

Management Controls Inc. unveils myTrack®, a cutting-edge contractor data management platform.

Management Controls Launches MServ, Global Managed Service Offering For Track® Platform

Learn more about MServ, our new global managed service for the TRACK Platform.

Management Controls, Inc. Collaborates with Coupa to Optimize and Manage Services Spend

Discover the collaborative efforts of Management Controls, Inc. and Coupa Software to transform services spend management.

Are You Paying Vendors What They’ve Earned or What They Invoice?

In heavy industries like manufacturing, refining, mining, chemicals, and power generation, facilities constantly require maintenance and upgrades to operate at full capacity. During...

10 Benefits of Contractor Data Management Software for Polymer Manufacturers

People often obsess over some things they use daily, while other essential items go unnoticed. Polymers, which include most plastics, fall into the latter category. These materials...

Optimizing Smart Grid Technology for Utilities Transmission and Distribution

The first electrical grid can be traced back to the late 1800s, shortly after Thomas Edison created the light bulb. The system as we know it today was established in the 1930s and...

How Healthy Are Your Contracts? 8 Contract Areas to Review

Is there anything more vital than your health? Most of us would say no. Similarly, robust contracts are crucial--especially if you’re a Procurement Manager in the heavy-asset...

What Are 4 Key Impacts of Artificial Intelligence (AI) in Heavy Industry?

Artificial Intelligence (AI) is ubiquitous and is impacting nearly every industry. For the heavy-asset industry, AI has already begun to positively impact how the industry can...

Supply & Demand Chain Executive Names Jackie Andre as Recipient of 2024 Pros to Know Award

Senior Director of Contractor Optimization at Management Controls recognized for her supply chain career.

4 Jobs Made Easier with Contractor Data and Spend Management

When it comes to manufacturing and industrial operations, success typically hinges on a collaboration of diverse stakeholders, each with their own set of priorities. For...

Stop Overpaying for Rental Equipment and Drive Cost Savings

No matter what type of business you’re in, odds are your team spends lots of time negotiating contracts to get the best rates and keep spending within budget. But are you sure the...

3 Strategies for Managing Your Toughest Procurement Challenges

In the high-stakes world of heavy industry, procurement is not just a function to keep the gears turning. A single misstep in sourcing can trigger widespread production delays and...

4 Ways myTrack Delivers Value for the IRA Tax Credit

The Inflation Reduction Act (IRA) provides $500 billion in new spending and tax breaks to boost clean energy, increase tax revenues, and reduce healthcare costs. Under IRA section...

Fortune Global 10 Refinery Saves Over $600K On 30-Day Turnaround Using TRACK Platform

A FORTUNE Global 10 refinery with sites all over North America engaged TRACK Software to conduct a “parallel pilot” for their upcoming turnaround. For the purposes of the pilot, the TRACK™...

Contractor Management Best Practices: Achieve Visibility, Control, and Cost Savings

How you can achieve visibility, control, and cost savings, by combining advanced technology with key industry best practices through business process automation.

Management Controls Launches Analytics Maturity Model Level 1

Management Controls Inc. has launched the new Insights Maturity Model Level 1 - Foundations.

Management Controls Launches Analytics Maturity Model Level 2

Management Controls Inc. has launched the Analytics Maturity Model Level 2 to guide customers on improvements to safety, value, and productivity.

Fortune Global 5 Refinery Saves Over $2.1 MM In Only Six Weeks

Once the ACS Gate Log was automated there was a significant decrease of Straight Time, Over Time and Double Time for a savings of11.7%. These savings originated from offsite work validated by the...

Future-Proof Your Business Through Digitization of Your Contractor Workforce

The pandemic has taught us that consideration for the future is a must. Learn how digitizing your contractor workforce can help future proof your business.

Fixed Fee: The Best Use of this Contracting Strategy

The Fixed Fee contracting strategy defines a fixed amount for payment at the beginning of a contractual engagement.

8 Ways the myTrack Platform Differs from a Vendor Management System(VMS)

With Industry 4.0 on our doorstep, companies are looking for ways to digitally transform their contractor management processes. Find out 8 ways the myTrack platform differs from a VMS system.

5 Tips to Improve Alignment in Supplier Relationships

Read our next blog post for Sourcing and Procurement professionals from Anna Van Cleef about tips and best practices to improve alignment in the workplace.

Unit Price: The Best Use of this Contracting Strategy

The Unit Price contracting strategy can be leveraged in several industries and situations where the work to be performed can be broken into units or predefined blocks. Learn how the TRACK Platform...

Contractor Spend Management: The Error Proof Process to Ensure Invoice Accuracy

TRACK Platform digitizes and automates the contractor management process from the time work begins through payment. TRACK integrates with Pre-qualification Solutions, ERP Systems, and Access...

4 Strategies to Control Mining Contractor Service Costs During an Economic Turndown

Consider these strategies to better control mining contractor service costs and help your company work smarter through the economic downturn.

Daily Cost Transparency During STO's (Shutdowns, Turnarounds, and Outages)

The TRACK Platform provides daily cost transparency at the work level, enabling companies to identify problems proactively and minimize cost overruns.

Management Controls is Delivering the Future of Automated Benchmarking

Compare Key Performance Metrics across your Enterprise Operations

Management Controls, Inc. Collaborates with Coupa to Optimize and Manage Services Spend

Management Controls, Inc. (MCi), the leading provider of Contractor Management Software for heavy asset-intensive industries, and Coupa Software (NASDAQ: COUP), today announced a...

7 Ways You’re Leaking Cash During Turnaround Season

Find out how to become contract compliant by automating the work-to-invoice process to ensure accurate hours and costs.

What Are 3 Trends & Challenges Facing Downstream Markets?

Discover emerging trends and obstacles facing the downstream petrochemical industry. Learn how companies are transitioning to digital solutions.

How to Keep Mining Projects On-Schedule & On-Budget

Find out how the mining industry is embracing new technologies to safely deliver mining projects on time and within budget.

Ready to Error-Proof Your Audit Findings?

Find out how to close your audit gaps to error-proof the process for validating contract work hours. Plus, you'll improve owner-contractor relationships.

What Are the Top 3 Mining Procurement Challenges?

Overcome your mining procurement obstacles. Learn how to scale mining operations, stay on budget, manage purchase orders, and resolve vendor disputes.

How Tech Helps Balance Savings & Safety in Manufacturing

Find out the advantages of having at-your-fingertips manufacturing technology and data to wrangle project timelines, plus ensure a safe manufacturing job site.

Why Choose Managed Services? Three Benefits for Heavy Industry

Discover the benefits of managed services. See why you should engage subject matter experts so your employees can do what they do best.

Maintenance Manager Q&A: Taking Plant Safety from Weekly Fires to Goal Zero

We spoke with Bruce Grissom, a former Maintenance Manager with over 40 years of experience. He shared how he helped to build a safety culture and how safety has evolved in the...

Why Paper Timesheets Won't Cut It for Capturing Time On-Site

In this era of Industry 4.0, the benefits of automation are touted at every turn. It may be hard to believe that paper-based timesheets are still a big part of how owners and vendors...

[Infographic] 6 Common Contractor Invoicing Errors

Using third-party contractors to supplement your in-house workforce is common in the heavy asset industry -- from chemical to pulp and paper to mining facilities. Contractors can...

How Technology is Helping Miners Deliver on Net-Zero Strategies

When it comes to going green, the mining and metals industry is feeling pressure on many fronts. First, there is pressure to deliver on tough carbon reduction goals – such as...

10 Ways Leaky Contracts Can Hurt Your Business

In the heavy asset industry, leaky contracts are a critical challenge that can impact project timelines, budgets, and overall operational efficiency. In fact, EY estimates that...

Jackie Andre Named Recipient of 2023 Women in Supply Chain Award

Senior Director of Contractor Optimization at Management Controls recognized for her accomplished career in the supply chain industry.

How to Use TRACK to Qualify for Inflation Reduction Act (IRA) Energy Credits

The Inflation Reduction Act (IRA) provides $500 billion in new spending and tax breaks to boost clean energy, increase tax revenues, and reduce healthcare costs. Signed into law in...

3 Challenges of Legacy Systems & Data in Contractor Spend

Today's heavy-asset industry has moved from the assembly line to the computing cloud. Yet, there is a persistent demand for more digital transformation. This can include a myriad of...

Q&A: How to Manage Your Commercial Strategy & Mitigate Risk

We spoke with Mike Mantooth, Director, Capital Projects, at MCi. He is the former Global Contract Manager at United States Steel Corp. As a contract expert, Mike shared his thoughts...

Why You Need Contractor Data Management During Turnaround Season

Many refineries postponed planned maintenance and improvement projects—first during COVID-19 and then amid supply-chain disruptions and pressure to ramp back up. By comparison, this...

[Infographic] 5 Facts: Unlocking the Inflation Reduction Act (IRA)

Explore the transformative potential of the Inflation Reduction Act (IRA) with Management Controls' insightful infographic.

Management Controls Earns Top Honor as a Best Place to Work in Houston 2023

MCi was one of 25 companies named one of the best in the medium-sized company category in Houston, with a score of 92.03.

5 Reasons You Need Tech Tools With an Open API

In the heavy-asset industry, the shift towards digitalization has been occurring steadily. Many small companies dip their toe in and update systems as they scale. Large companies in...

Part 1 (of 3): Uncovering the Top 10 Operational Challenges in Heavy Industry

We sat down with Bruce Grissom, a former maintenance manager with over 40 years of maintenance experience at multiple oil and gas refineries, for a closer look at 10 common...

Part 2 (of 3): Uncovering the Top 10 Operational Challenges in Heavy Industry

We sat down with Bruce Grissom, a former maintenance manager with over 40 years of maintenance experience at multiple oil and gas refineries, for a closer look at 10 common...

Part 3 (of 3): Uncovering the Top 10 Operational Challenges in Heavy Industry

We sat down with Bruce Grissom, a former maintenance manager with over 40 years of maintenance experience at multiple oil and gas refineries, for a closer look at 10 common...

3 Government Incentives Businesses Can Benefit From, With the Right Technology

Check out MCi President Ken Naughton's Fast Company article on how businesses can leverage three key government incentives with the right technology.

Management Controls Highlights Top Trends and Predictions for the Paper Industry

Check out MCi President Ken Naughton's article in Paper, Film, & Foil Converter Magazine on the latest trends and predictions shaping the paper industry.

Management Highlights Top Trends and Predictions for Heavy Asset Industry

Discover MCi President Ken Naughton's analysis in Australian Manufacturing on the heavy asset industry's future, emphasizing technology and employee well-being amidst various challenges.

How Smart Industrial Technology Factors into ESSA, Corporate Culture

In her Smart Industry article, Jackie Andre, Senior Director at Management Controls, delves into how merging smart industrial technology with the ESSA methodology can revolutionize manufacturing.

A Four-Step Methodology for Leaner and More Effective Supply Chains

MCi's Jackie Andre introduces the ESSA methodology in SupplyChainBrain, a strategy enhancing supply chain efficiency and agility through simplification and standardization.

Improve Business by Employing the ESSA Approach

In OILWOMAN Magazine, MCi's Jackie Andre highlights ESSA as a key strategy for optimizing oil and gas operations, focusing on efficiency, cost reduction, and digital transformation.

How MSEs Can Help with the Heavy Industry’s Heavy Lifting

MCi's Delanie Sloan in Spiceworks highlights the critical role of Managed Service Experts in heavy industry, enhancing efficiency, consistency, and decision-making through advanced technology.

[Infographic] 4 Ways myTrack Delivers Value for the Inflation Reduction Act (IRA) Tax Credit

Find out how myTrack supports companies in qualifying for the IRA Tax Credit through project identification, compliance tracking, workforce insights, and material credits.

[Infographic] 5 Facts: Unlocking the Inflation Reduction Act (IRA)

Explore the transformative potential of the Inflation Reduction Act (IRA) with Management Controls' insightful infographic.

[Infographic] 7 Ways You're Leaking Cash During Turnaround Season

Explore key strategies to prevent financial losses during turnaround season with Management Controls' blog. Learn about seven common areas where businesses unknowingly leak cash.

[Infographic] 6 Common Contractor Invoicing Errors

Check out the infographic on common contractor invoicing errors. Learn how cloud-based spend management software can help.