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Description
Oversee all spending sources across various categories to achieve a cohesive financial overview. SAP's spend management solutions empower you to make rapid and informed decisions that propel your business forward. This includes both direct and indirect expenditures, as well as external services and contingent labor, travel, and expenses. Transitioning from conventional, fragmented methods of spend management to a more intelligent approach can yield significant results, beginning with efficient invoice processing. By digitizing and streamlining your entire source-to-pay processes, you can better control spending on both direct and indirect materials, uncover new savings opportunities, and foster a robust supply chain. Additionally, effectively managing your external workforce and service providers throughout their entire lifecycle involves everything from onboarding and invoicing to monitoring milestones, project delivery, and ensuring secure off-boarding and quality assessments. Furthermore, you can easily capture and aggregate travel and expense data from nearly any transaction, enhancing your overall financial insights and decision-making capabilities. This comprehensive approach not only simplifies processes but also drives long-term operational excellence.
Description
The TRACK Platform streamlines the monitoring of expenditures related to contractor labor, equipment, and materials. By enhancing supplier relationships, TRACK empowers owners to communicate directly to contractors about their earnings. Daily settlements are facilitated through TRACK, offering owners consistent insights into costs and providing real-time visibility into the workforce. Implementing the TRACK Platform can lead to savings of 10-15% on yearly contractor expenses while also boosting worker efficiency. This innovative solution automates the management and oversight of contractor-related spending. The distinctive TRACK® Daily Settlement Process ensures that net billable hours and costs are calculated daily, with mutual agreement from both owners and contractors before payments are processed. The accuracy and transparency of these figures reflect the actual work that contractors have completed. Ultimately, this platform not only saves costs but also fosters a more collaborative environment between contractors and owners.
API Access
Has API
API Access
Has API
Integrations
Datastreams
Genetec AutoVu
OnGuard
Oracle Primavera
SAP Ariba
SAP Cloud Platform
SAP Concur
SAP Fieldglass
SAP Joule
SAP Store
Integrations
Datastreams
Genetec AutoVu
OnGuard
Oracle Primavera
SAP Ariba
SAP Cloud Platform
SAP Concur
SAP Fieldglass
SAP Joule
SAP Store
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
SAP
Founded
1999
Country
United States
Website
www.sap.com/cmp/dg/intelligent-spend-management/index.html
Vendor Details
Company Name
Management Controls
Founded
1989
Country
United States
Website
www.managementcontrols.com
Product Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Purchasing
Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Spend Management
Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management
Vendor Management
Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking
Product Features
Business Process Management
Access Controls / Permissions
Alerts / Notifications
Business Process Automation
Business Rules Management
Collaboration
Process Change Tracking
Process Mapping
Process Modeling & Design
Visual Workflow Management
Contractor Management
Contractor Database
Insurance Tracking
License Tracking
Permit Tracking
Skills & Competencies
Task Management
Work Hour Tracking
Vendor Management
Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking