Be Secure
Suspicions of fraud or theft can negatively impact contractors and sub-contractors – meaning time and money are wasted on investigations that may or may not have the ability to be proven
Businesses can often get caught out by the actions of individuals who, do not understand the implications of their actions on the wider business, do not show the same levels of commitment to ensuring that they operate ethically and in compliance with company policies. The cost of individuals actions in terms of existing contracts, reputation and future work winning can be severe, and should be considered as a key business risk.
OWL can help you to mitigate risks by ensuring you have greater insight into your projects, your workforce and operations. OWL can provide you with real time data around resource allocation, tasks, works areas and exclusions. As the ultimate Customer looking to get capital works delivered, OWL can be used to inform you of works complete, resources deployed, utilisation and progress, all of which are key in understanding Target of Cost Reimbursable Contracts.
Knowing what and who is on-site can be mapped to specific work activities including critical path tasks, helping to keep projects on time and provide certainty of delivery.
Traceability of resources
See live and historical information on people and plant resources on site to ensure invoicing accuracy. Review plant utilisation data to ensure what is being used on site to identify excess resources.
Mitigate theft and fraud risk
Understand the movement of high-value assets both on and off-site to mitigate the risk of fraud or theft. At any one point in time, be able to identify the location of high value assets and automate alerts should they leave a predefined location.
High value asset tracking
For high value assets, set up and receive alerts at predefined stages along a journey, and receive instant alerts should an asset diverge from the expected route. Share live location with customers and other interested parties of high value assets.
All the information is available via reports and dashboards at the click of a button and can be delivered via PowerBi or other formats making it simple for your project teams to use.
To discover how OWL can help prevent potentially fraudulent activity across your projects, get in touch with the team for a call to discuss your requirements.
