Better use of time registration data provides a better business at Mølbak Land Inspectors

Better use of time tracking data

results in a better business

at Mølbak Landinspektører

Mølbak Landinspektører (consultancy with surveyors) are now able to optimize their projects for a bigger win thanks to TimeLog for time tracking and Power BI for reporting.

About Mølbak Land Inspectors

Mølbak is a consultancy with about 70 employees in Denmark and more than 30 in Romania. In addition to delivering technical solutions such as 3D scans of larger areas and roads, they are helping municipalities and contractors to optimum exploitation of plots and areas.

”We always have ongoing projects for about 12 million Danish kroner. And we could not get the overall financial overview on the projects before they completed. But some projects run for about 10 years. Then they become impossible to track”, Jacob Olsen, CFO at Mølbak, tells.

TimeLog provided transparency in the project finances. Project hours in TimeLog are transferred to Mølbak’s ERP system, e-conomic, where invoicing now runs like butter.

Accobat has since helped Mølbak become a data driven company by visualizing from eg. TimeLog in Power BI.

“We wanted dashboards, so we can keep a finger on the pulse and react, when we have employees that catch the flu or are otherwise ill. Or if we can see falling hourly rates. I keep track on those dashboards every day”, Jacob Olsen says and adds: ”Accobat were really good in this setup. They deliver fantastic service and are a clear role model for the business.”

Increased invoicing percentage with 10%

Better control of internal time spent has enabled Mølbak to increase the invoicing percentage with 10%.

”In salary and pivot reports, I see which employees spend too much time on internal tasks. It could e.g. be on education. Or it may be internal project management, which should be billed to the customer”, Jacob Olsen explains.

The ability to see the value creation on ongoing projects has enabled Mølbak Landinspektører to make ongoing adjustments. This means that Mølbak increasingly can secure profits on the projects.

”Earlier, we found out too late, if we weren’t making profit on a project. Now we can react right away. I can e.g. add more employees to the project, if it isn’t staffed correctly”, Jacob Olsen tells. ”Or we can re-negotiate the price with the customer, if we early on catch that the scope for the task is extended.”

Since Mølbak gained control of ongoing projects and the internal time, the profit has increased significantly according to Jacob Olsen: ”But it is much more fun to be CFO now. Everything is stable and I now have my focus on the details. And on all the little things you can fine-tune.”