Praxeo – Return on Investment (ROI)

Valorem Systems was founded on the idea of delivering innovative software-as-a-service offerings that bring real benefits to our customers, deliver real value to your business.  “Valorem” is latin for value, and this promise of positive returns is realised by our customers each and every day. 

The Return on Investment from Praxeo comes from:

• Extended supervision on sites – allowing a single site manager to more efficiently manage a larger number of sites.
• Verification of services delivered, and only paying for what is provided.
• Increased compliance, without administrative effort.  One client has freed up one person across their operation from dealing with contractor company insurances.
• Contractors download payroll reports instantly, saving their site managers hours each week.
• Removing paper from site based processes – one customer saved over 500 pages of paper for each site each month. This also creates a huge down-stream saving from administrative handling, archiving and storage, and ultimately retrieval and destruction costs.

These hard returns are supported by a range of secondary benefits as well, which are equally important and include:

• Less travel between sites by site managers (saving time, cost and greenhouse gas emissions).
• Increased compliance with ease – site managers and higher management can know that Praxeo is on the job 24x7, ensuring that contractors who enter are inducted, insured, and track the safe work method statements for their jobs accurately and easily.  Before Praxeo much of this was done poorly, in paper based systems.
• Increased communication and collaboration between site owners / managers and service providers – with increased accountability and visibility to the work being done.