Try Our Expense ROI Calculator: How Much Could You Save?

Before investing in any solution or project, you want to know what the return on investment is likely to be and that it’s worth your time and money. You wouldn’t be an astute finance leader if you didn’t.

ROI can be measured in different ways – hard and soft returns. Cold, hard cash back in the bank is one way to prove ROI. For instance, a recent study we conducted with AMI-Partners found that UK small and medium-sized businesses could save on average £25,000 by automating their expense and invoice processes. This was based on interviews with over 400 finance leaders.

Soft returns, such as time savings and user satisfaction, may not be soft at all and ultimately add up to hard returns. Maria Santos Roman, Office Manager at DRC Capital, says she has been able to save up to 40% of her time on expense and invoice processing with SAP Concur. And Laurence Harper, Systems and Technical Accounting Assistant at DAS, says his team are saving 12 hours a week not having to audit expenses against their T&E policies.   

That means more time to redirect towards more value-added, strategic tasks. As Laurence says, “Our teams are now proactive instead of reactive to changes within the finance department – a transformative shift for us.”  

If your business is still processing expenses manually using spreadsheets and paper receipts, what could it be costing you – and what do you stand to gain?

Take a look at this Expense ROI Calculator to work out what your return on investment could be.