PayShepherd's Contractor Management Platform guarantees accurate labor, equipment, and material costs by automating compliance to unique contract terms.
Reduce compliance risks and increase the success rate of your daily operations, turnarounds, and capital projects.
Managing a large contractor workforce is hard. Without real-time visibility into cost and performance, small errors quickly escalate into larger issues: unauthorized work, budget overruns, safety risks, disputes and claims.
Optimize work execution in real time by verifying the actual labor, material, and equipment costs against all commercial terms.
Eliminate manual timesheet and invoice reviews. PayShepherd verifies all cost submissions against all contract terms and gate entries.
Remove soul-crushing manual processes and enforce strict contract compliance through automation.
Streamline and simplify the 3-way match by using pre-invoice certifications. Pay your contractors on time, every time.
We believe contractor relationships are the core of industrial success. Yet for too long, a lack of quality data has left people exposed. Risk is off the charts and performance is not rewarded. An ancient, paper-heavy process is to blame.
As a result, hundreds of billions of $$$ per year is wasted and countless relationships ruined forever. PayShepherd’s vendor relationship management (VRM) solution is revolutionizing the path towards contractor management excellence.
Establish a foundation of accountability, alignment, and common language that leaves risk, surprise, and uncertainty where they belong–in the past.