Invoice Processing Cost Calculator
๐ฐ See how much you could save by automating invoice processing
1
Invoice Volume
2
Current Process
๐
Mostly Manual
Email, paper, spreadsheets
โ๏ธ
Partially Automated
Some digital capture
๐ค
Mostly Automated
Looking to optimize
3
Team & Time
4
Exceptions & Errors
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
๐ 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 |
