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What is TRACK Platform?

The TRACK Platform simplifies the oversight of expenses associated with contractor labor, equipment, and materials. By fostering stronger relationships with suppliers, TRACK enables owners to engage directly with contractors regarding their earnings. Daily settlements are efficiently handled through TRACK, granting owners ongoing insights into expenses and real-time visibility into the workforce. When the TRACK Platform is adopted, it can result in annual savings of 10-15% on contractor costs while simultaneously enhancing worker productivity. This cutting-edge solution automates the management of contractor-related spending. The unique TRACK® Daily Settlement Process guarantees that net billable hours and costs are updated each day, with both owners and contractors reaching a consensus before any payments are made. The precision and openness of these figures accurately represent the actual work performed by contractors. In addition to cost savings, this platform cultivates a more cooperative atmosphere between contractors and owners, paving the way for future collaborations and improved project outcomes. Overall, TRACK not only addresses financial efficiency but also strengthens the partnership dynamics within the industry.

What is Deltek Costpoint?

Costpoint Manufacturing enhances efficiency and digital integration across every facet of the operational workflow, from initial bids to final shipments. This advancement is set to boost both profitability and project success for contractors working with government entities. All financial data and operational information are consolidated within a single secure system. Traditional paper-based processes can be transformed into digital formats, enabling real-time capture, storage, and analysis of data down to the individual project level. Costs can be assembled and allocated in a consistent manner, simplifying compliance with contract stipulations. The system’s modernized, adaptable, and integrated automation provides clear visibility into process controls and modifications. By automating and connecting financial and production workflows, organizations can enhance accuracy, ascertain true costs, and ensure preparedness for audits. It also allows users to take advantage of contract flow-downs alongside security measures for organizations, projects, and individual parts. Furthermore, automating transaction traceability ensures that every movement is meticulously recorded and easy to track, ultimately supporting better decision-making and operational efficiency.

Media

Media

Integrations Supported

Datastreams
Genetec AutoVu
OnGuard
Oracle Primavera
SAP Cloud Platform

Integrations Supported

AssetSmart
BI Book
BestCPQ
DreamFactory
EVMS forProject
FactoryLogix
Hour Timesheet
InStaff
Integrify
Longview Tax
Monk
Proactis
R3 Contract Management for GovCon
SkyStem ART

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

Management Controls

Date Founded

1989

Company Location

United States

Company Website

www.managementcontrols.com

Company Facts

Organization Name

Deltek Costpoint

Date Founded

1983

Company Location

United States

Company Website

www.deltek.com/en/products/project-erp/costpoint

Categories and Features

Contractor Management

Contractor Database

Vendor Management

Not specified

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Billing & Invoicing
Expense Tracking
Fixed Asset Management
General Ledger
Government
Multi-Currency
Nonprofits
Project Accounting
Purchase Orders
Tax Management

Compliance

Risk Management
Sarbanes-Oxley Compliance

Contact Management

Contact Database
Interaction Tracking
Sales Pipeline Management
Segmentation

Contractor Management

Contractor Database
Skills & Competencies
Task Management
Work Hour Tracking

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Time Tracking
Workflow Management

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Government

Budgeting & Forecasting
Code Enforcement
Compliance Management
Fixed Asset Management
Inventory Management
Purchasing & Receiving
Taxation & Assessment
Work Order Management

IT Management

Compliance Management
IT Budgeting
Scheduling

Manufacturing

Accounting Integration
ERP
MES
MRP
Maintenance Management
Purchase Order Management
Quality Management
Quotes/Estimates
Reporting/Analytics
Shipping Management

Manufacturing Execution

Document Management
Forecasting
Quality Control
Quote Management
Resource Management
Supplier Management
Supply Chain Management

MRP

Inventory Management
Order Management
Production Scheduling
Quality Management
Reporting/Analytics
Safety Management

Nonprofit

Accounting

Policy Management

Approval Process Control
Audit Trails
Reporting / Analytics
Workflow Management

Procurement

Asset Management
Budget Management
Contract Management
Inventory Management
Invoice Processing
Purchase Order Management
Receiving
Requisitions & Approvals

Product Lifecycle Management

Change Management
Compliance Management
Cost Tracking
Document Management
Project Management
Supplier Management

Project-Based ERP

Not specified

Purchasing

Compliance Management
Contract Management
Inventory Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals

Subcontractor

Not specified

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