Benefit Calculator
Benefit Calculator is based on certain variables that are most commonly found during and after the invoicing process.
|
Euro € Benefit Calculator |
|
Monthly Invoices |
50 |
100 |
500 |
1000 |
2500 |
3000 |
7500 |
10000 |
|
Potential Direct Savings |
€360 |
€672 |
€3,360 |
€6,720 |
€16,500 |
€33,000 |
€49,500 |
€56,400 |
|
Economic Benefit |
€800 |
€1,460 |
€7,308 |
€14,600 |
€35,640 |
€71,280 |
€107,000 |
€113,760 |
|
Sterling £ Benefit Calculator |
|
Monthly Invoices |
50 |
100 |
500 |
1000 |
2500 |
3000 |
7500 |
10000 |
|
Potential Direct Savings |
£228 |
£360 |
£1,800 |
£3,600 |
£8,280 |
£15,464 |
£23,146 |
£29,162 |
|
Economic Benefit |
£577 |
£840 |
£4,200 |
£8,400 |
£18,540 |
£33,974 |
£50,690 |
£62,287 |
* The Potential Direct Savings are based on the assumption of a single page invoice sent on a monthly basis.
* The Potential Economic Benefit is based on the following list of variables:
-
Reduction in customer queries
-
Reduction in time per query
-
Reduction in DSO (Day Sales Outstanding) or ADD (Average Debtor Days)
-
Improved credit control
-
Elimination of misplaced and undelivered invoices
-
Elimination of sending out duplicated invoices
-
Reduction in document retrieval and storage costs
-
Eliminates document disposal costs i.e. shredding and waste
-
Streamlining audit process
-
Improve visibility and control for management