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.
The case study focuses on a large electric utility provider in New Mexico that managed over $100 million in annual contractor spend manually, leading to inefficiencies and lack of visibility.
By implementing Management Control Inc.’s TRACK software, the utility company gained real-time insights and control over contractor activities, improving accuracy and efficiency. This transition resulted in annual savings of nearly $8 million, approximately 10% of their total contractor spend.
The case study highlights the benefits of using TRACK for managing labor, equipment, and materials more effectively.