Management Controls Inc. has launched the new Insights Analytics Maturity Model Level 1 - Foundations.
Insights-as-a-Service transforms raw data provided by the TRACK Platform daily process into useful insights that identify trends and areas where action can be taken for business needs. Data is constantly collected and linked to the customer’s environment for near real-time access to onsite vendor activities as well as authorization habits. Complex data is presented in the form of dashboard reports providing visual displays of the topics being tracked. Insights-as-a-Service preforms data analysis by cleaning, transforming and modeling the data to discover the useful information for business decision making.
Our dedicated business intelligence experts with deep experience in contractor management and TRACK® data will guide you to uncover contractor value leakage and process improvements. Our experts can also provide companies with more effective contracting strategies, workforce and equipment planning, and contract compliance, leading to significant increases in productivity.
MCi wants to continue to grow our value to you which is why we have launched the Insights Maturity Model approach to guide customers in improving safety, value and productivity in line with your maturity as an organization. Level 1 lays the analytical foundation of TRACK’s value proposition. The foundational elements of TRACK analytics that are included in the Maturity Model Level 1 are fatigue breaches, TRACK savings, premium time, override usage, accruals and more.
LEVEL 1 - KEY BENEFITS
Fatigue Monitoring
Automatically identify fatigue breaches and respond in real- time.
Top Deductions
Calculated TRACK cost savings for each vendor.
Overtime Analytics
See how Labor Resources use premium time under the current agreement terms & conditions.
Overrides Analytics
Discover the usage and frequency of Overrides by Vendor and Individual to facilitate fact-based discussions regarding terms & conditions.
Not-Allocated Time
Bring transparency and detailed justifications to the Accruals process with hours and costs that have occurred but may not be visible to finance.
TRACK Savings Opportunities
Estimate the savings TRACK will automatically deliver from on-boarding additional Vendors.
Watch this space as we aim to constantly improve our value proposition. Our next maturity model release will be focused on reducing value leakage and improving productivity.
