Case Study: Strategic Security Corp. saves $250,000 in 24 hours with TEAM Software's Business Intelligence

How Strategic Security Corp. leveraged business intelligence software to fix an oversight in a federal service contract

Strategic Security Corp. (SSC), a New York-based security company, faced a critical challenge when a federal audit uncovered a previously unknown pay rate discrepancy on a service contract. They needed to quickly identify which of their 3,500+ employees were impacted over a six-month period to calculate backpay and avoid an estimated $250,000 in penalties from the Department of Labor. SSC turned to their existing vendor, TEAM Software, for a solution using its Business Intelligence (BI) software.

TEAM Software's BI tool, which integrates with its WinTeam platform, enabled the rapid creation of a custom report. This solution identified the 1,200 affected employees and calculated the exact backpay owed in less than 24 hours. As a result of this swift action, the labor auditor imposed no fines. TEAM Software's solution saved SSC an estimated half a million dollars in potential external auditing costs and penalties, while demonstrating an unprecedented turnaround time for such an internal audit.

Strategic Security Corp.

Joe Sordi

Founder & Senior Vice President