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Industry

Pulp and Paper Industry

Automate contractor costs and contract compliance for accurate billing and payments for pulp and paper production.

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Contractor Cost Management Software

myTrack helps pulp and paper companies automatically track contractor costs and stay contract compliant with real-time visibility and actionable insights to deliver significant cost savings.

Contractor labor, equipment, and material spend is a significant expense in the $80 billion U.S. pulp and paper industry, and management of the costs involved should be a top imperative. Enhanced contractor spend management improves visibility of third-party services spend and enables pulp and paper mills to better identify potential fraud waste and abuse from onsite contractors. Focusing on contractor spend also drives cost competitiveness by automating contract compliance and providing invoice accuracy.

Improve Cost Control and Budget Performance

myTrack provides insights into the cost-effectiveness of contractors, allowing pulp and paper companies to make budget-friendly choices without compromising on quality.
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Make Contract Compliance a Breeze

  • Apply contract rules to invoices to ensure contractors are paid based on your contract’s terms and conditions.
  • Contractor hours are applied to rate structures based on time, skill qualification, tasks, and project milestones.
  • Contract-compliant hours are calculated and allocated in real-time and updated to your ERP automatically.

Keep Your Pulp and Paper Production Sites Safe

  • Always know who is on your site with real-time data.
  • Automatically check to ensure contractors have appropriate safety certifications before being allowed on-site.
  • Prevent accidents by getting alerts when a worker reaches their fatigue threshold.
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Make Better Decisions With Data and Insights

  • See your workforce mix every day to ensure you have the right skill sets on-site and eliminate excess headcount.
  • Review your performance, easily identify areas for improvement, and compare to industry benchmarks from hundreds of other pulp and paper sites across the globe.
  • Reduce overtime costs by monitoring usage and discrepancies down to the individual contractor level.

Management Controls Case Studies

 
Read real-world examples of how global producers are simplifying the complexities of contractor data and spend management.