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Invoice Processing Cost Calculator

๐Ÿ’ฐ See how much you could save by automating invoice processing

1 Invoice Volume
2 Current Process
๐Ÿ“
Mostly Manual
Email, paper, spreadsheets
โš™๏ธ
Partially Automated
Some digital capture
๐Ÿค–
Mostly Automated
Looking to optimize
3 Team & Time
4 Exceptions & Errors
Invoices requiring manual intervention 25%
Invoices paid after due date 15%

Your AP Automation Savings

Based on your inputs, here's what automation could mean for you

Estimated Annual Savings
$324,000
That's 67% reduction in processing costs
Current State
$16.20
per invoice
Annual Cost $486,000
Processing Hours 7,500 hrs
Exception Cost $45,000
โ†’
With Automation
$5.40
per invoice
Annual Cost $162,000
Processing Hours 2,500 hrs
Exception Cost $9,000
312%
First Year ROI
4
Months to Payback
5,000
Hours Saved/Year
2.4
FTEs Redeployed

๐Ÿ“‹ Detailed Cost Breakdown

Cost Category Current Automated Savings
Labor (Processing) $337,500 $112,500 $225,000
Exception Handling $45,000 $9,000 $36,000
Late Payment Penalties $67,500 $13,500 $54,000
Early Payment Discounts Lost $36,000 $9,000 $27,000

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