Compare TRACK Platform vs. Maestro Payment

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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 Maestro Payment?

Our platform was specifically designed to tackle the unique difficulties faced in making payments to international contractors, freelancers, and vendors. Unlike traditional systems that can take weeks or even months to implement, our setup and user onboarding can be accomplished in just one hour. The immediate benefits of reduced transition costs and time savings from automation are evident right away, rather than being delayed for months or even years. By automating processes, we significantly decrease the chances of fraud and minimize errors. Additionally, our software features automatic invoice validation, which cross-references invoices with contracts and work hour reports to ensure precise billing. It also incorporates approval workflows, delineates responsibilities, and further mitigates the risk of fraudulent activities. Ultimately, our solution streamlines payment management while enhancing security and efficiency.