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Oil and Gas Industry

Automate contractor cost controls, ensure contract compliance, and optimize cost management for oil and gas operations with myTrack.

Manage Contractor Data and Spend for Oil and Gas Projects

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

Contract labor plays a major role in the $1 trillion oil and gas Industry.

Across upstream, downstream, and midstream oil and gas companies, timely and accurate Contractor Spend Management is vital, particularly given the cyclical nature of the industry’s workforce. Oil and gas companies need a Contractor Spend Management solution that empowers them with real-time visibility, delivers actionable insights, and generates significant cost savings.

Accurately Track Contractor Labor, Material, and Equipment Spend

  • Works with your existing access control systems to capture and record gate events and reduce errors caused by manually logging hours.
  • Labor, rates, and schedules are calculated automatically to accurately determine net billable hours and costs.
  • Get an accurate account of all contractor hours so you only pay for the work done each day.
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Ensure Contract Compliance on Your Oil and Gas Projects

  • Contract rules are applied automatically to invoices to ensure contractors are paid based on your contract’s terms and conditions.
  • Contract-compliant hours are calculated and allocated in real-time and updated to your ERP automatically.

Keep Your Oil and Gas Facilities Safe

  • Real-time data shows you who is on-site at your refineries, pipeline pump stations, and well sites.
  • Have visibility into new workers on site to ensure proper safety precautions. 
  • Prevent accidents by getting alerts when a worker reaches their fatigue threshold.
On Site

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 oil and gas sites across the globe.
  • Monitor usage and discrepancies down to the individual contractor level to reduce overtime costs.

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