To complete a recent turnaround, the Tidewater team scaled up its workforce from 30 contractors to 600 across 10 vendors with their own contracts, schedules and relationships to manage. Erik Sullivan, Turnaround Manager at Tidewater, identified the top three challenges:
1. Verifying manual pay-per-time tickets to support project planning and cost and risk avoidance in a timely manner.
2. Reconciling the details of every contract, to reduce discrepancies and overspending.
3. Avoiding spending overlaps with contractors shared between the turnaround and a large green capital project running simultaneously.
PayShepherd turns labor, equipment, materials, and subcontractor (LEMS) data into insights, helping identify trends and issues. The Tidewater team chose PayShepherd to transform time-intensive, Microsoft Excel-based processes into streamlined digital LEMS verification and reporting to empower real-time cost transparency and contract compliance visibility.
Erik Sullivan
Turnaround Manager at Tidewater
Stay in control with real-time performance data, ensuring contract compliance and preventing surprise invoices. With Payshepherd, you'll unlock actionable insights, driving efficiency and cost savings for your organization.
