See our software in action.
Have you ever felt in the dark about the financial status of your projects ?
Joslyn Group is a leading sports field builder and civil construction contractor based in Victoria.
As a leader in their industry, they recognised the need to streamline their cost management
processes and improve visibility into their individual project costs. Seeking a solution to enhance their operations, Joslyn Group engaged Varicon to reduce costs and improve visibility into their financial performance.
Before implementing Varicon, Joslyn Group faced some challenges in their cost management processes. These challenges included:
1. Limited visibility into profit margins: The lack of comprehensive data and analytics made it difficult for Joslyn Group to accurately assess their profit margins on projects.
2. Manual processes: Joslyn Group relied on manual data entry and spreadsheet-based systems, which were time-consuming to manage.
3. Difficulty in identifying specific project cost overruns.
4. Onsite administrative support requirements: The need for onsite project admins added to the operational costs and dependency on additional personnel.
Varicon provided Joslyn Group with a comprehensive cost management solution that addressed their specific needs. The benefits achieved through Varicon’s implementation were as follows:
1. Joslyn Group was able to make informed decisions, resulting in increased profit margins. Accurate and timely cost data allowed them to identify and mitigate cost overruns early in the projects.
2. Automation of payroll processes:
Varicon’s automation capabilities streamlined Joslyn Group’s payroll processes. The daily clock in and clock out time sheet function with geographical location has removed time sheets being a time-consuming manual task and replaced it with automated systems, saving valuable hours every week.
3. Elimination of spreadsheets: Varicon’s intuitive and easy-to-navigate system eliminated the need for separate spreadsheets. The software provided a centralised platform for managing costs, reducing the risk of calculation errors and ensuring data accuracy.
4. Reduction in onsite administrative support: Varicon’s efficient system reduced the reliance on onsite project admins. With the software’s streamlined processes less administrative staff were required to effectively manage the outputs that previously required additional onsite project administrators. This resulted in cost savings and improved operational efficiency.
5. Enhanced confidence in cost numbers: Varicon’s reliable and accurate cost management system provided Joslyn Group with confidence in the numbers generated. The transparent and auditable nature of the software ensured that cost calculations were trustworthy, allowing the company to make informed financial decisions.
Joslyn Group is a leading sports field builder and civil construction contractor based in Victoria. Joslyn’s team has more than 100 years’ collective experience in providing quality solutions across a range of environments and disciplines, so we know what it takes to get the specific details right.
“Varicon has been an important component of our ongoing growth as a company. We invested in Varicon to support our business processes and have an integrated solution for cost tracking.”
Joslyn Group was able to make informed decisions, resulting in increased profit margins. Accurate and timely cost data allowed them to identify and mitigate cost overruns early in the projects.
The daily clock in and clock out time sheet function with geographical location has removed time sheets being a time-consuming manual task and replaced it with automated systems, saving valuable hours every week.
Varicon’s intuitive and easy-to-navigate system eliminated the need for separate spreadsheets. The software provided a centralised platform for managing costs, reducing the risk of calculation errors and ensuring data accuracy.
