WorkTech Time Contractor Cost Tracking System™

Contractors make up a significant part of the workforce in asset-heavy environments, yet are often ignored by traditional time collection companies.  No longer.  WorkTech has provided the Contractor Cost Tracking System (CCTS) for more than 17 years, and has helped organizations of all sizes keep on top of contractor costs.  Companies benefit from an automated system to keep contractors on budget, from one system to keep track of employee and physical assets, and reducing the time it takes for contractors to report time and expense, helping to ensure that projects end on time and under budget.

Automated Contractor Tracking

CCTS delivers transparency to the contractor cost tracking process.  Time and materials that are reported by contractors are automatically validated against open purchase orders and work orders to ensure that the data is entered only once, and that is a valid charge.  One customer reported saving more than $20 million annually through the implementation of CCTS, as invalid contractor invoices were automatically rejected and not resubmitted.  Contractors love the system, as it increases the speed with which invoices can processed, approved, and paid. 

All Project Information in One Place

One of the challenges with Contractor tracking is that the costs associated with labor are often tracked separately from the costs associated with equipment.  This makes it difficult for contractors and business owners alike to have accurate insight into the total cost of a project as the project is in progress.  CCTS allows contractors to track labor costs and the cost of materials through one easy to use interface, and provides total project reporting for contractors and owners alike.  This leads to more successful projects as all parties can be kept up to date on project cost on a real-time basis.

To find out how your organization can save significant cost through the deployment of CCTS, Contact WorkTech today.