ROI calculator

Calculate how much you'll save

To help you make an informed decision on the benefits of using WebExpenses, a return on investment (ROI) calculator has been developed. 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.

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

If you would like to undertake a more thorough analysis, contact us and we will email a spreadsheet containing a full set of assumptions and a detailed calculation.

Amend the values in this form based on your current paper-based process and click the compute button.

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.

Back to top