ROI Calculator

The ROI calculator is designed to help you make an informed decision on the benefits of using an expenses management solution. The underlying assumptions are based on information from various sources, including studies by American Express and Ernst & Young, the European Commission, WebExpenses research and client interviews.

The form below allows you to amend the values based on your current paper-based process. Click to compute your ROI and cost savings.

Web Expenses - Online expenses ROI

Number of claimants:
 
Average expenses per person per month:
 
Average travel & entertainment per person per month (£):
 
Average salary of staff (£):
 
Average overhead (benefits, rent, taxes etc):
%
Claimant time to enter expense data:
mins
Approver time to approve:
mins
Accounts time to process:
mins
Preparation time for tax reporting:
hrs/yr
Price of WebExpenses per month (£):
/month
 

To recalculate, change the values above and click the submit button

Manual processing time:
hrs/yr
Processing time with WebExpenses:
hrs/yr
Cost of manual processing (£):
/yr
Cost with WebExpenses (£):
/yr
Reduction in travel and entertainment spending (£):
/yr
Gross saving (£):
 
Net saving (£):
 
Return on investment:
%
Payback:
months
 


The calculator uses javascript. If it does not work for you, Contact us to have your company's result calculated.


To download the ROI calculator in Excel format, Click here

Note that the cost savings calculated using the ROI calculator are only those related to process efficiency gains and lower travel and entertainment spend. Cost savings resulting from improved compliance, more efficient client/project recharging, VAT reclaim and vendor negotiation are not covered.

 

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