Number of claimants:
Claimant time to enter a claim:
Authoriser time to process a claim:
Average authoriser salary:
Finance Department time to process: Re-keying, checking for validity, checking amounts. The amount of time will depend on whether or not your organisation posts as detailed or summarised entries.
Average Finance Dept salary:
Average overheads (rent, taxes etc):
To recalculate, change the values above and click the compute button
Manual processing time:
Processing time with Transfare:
Cost of manual processing:
Cost with Transfare:
Time saving per year:
Cost saving using Transfare:
Total Saving:
Transfare cost of purchase:
Return of Investment * :
* Calculations are based on employee cost savings of 40%, authorisor cost savings of 60%, Finance Dept. cost savings of 80% and "other" cost savings of 50%.
