Calculate your annual invoice processing costs

How does it work?

Our calculator automatically assesses the time your employees spend on invoices based on several factors:

– Your purchase order rate

– Your number of invoices per month

– Your rate of discrepancy (or exceptions)

– The number of staff directly involved in processing invoices

– The salary of your AP staff, business users and C-level executives

It is then able to calculate your cost per invoice as well as your overall current annual processing costs.

It then presents your costs after automation. Our solution reduces costs by an average of 82%, so you can use this number as your benchmark.

Invoice Processing Calculator

Discover how much you could save with AP automation

Percentage of PO
i
Number of invoices
per month
%
of discrepancy
i
i
i
i
chart background 0% non-PO
Percentage of automation
i
ANNUAL COST PRE-AUTOMATION $121,123,12
$9.94 PER
INVOICE
ANNUAL COST POST AUTOMATION $121,123,12
$9.94 PER
INVOICE

* Including implementation costs
The calculation is generated with a computer driven mathematical model and relies on user input. Future costs estimates are based on many assumptions and may fluctuate. These estimations are intended as a guide only.

$9.94 MONTHS
FOR ROI

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