Savings Calculator

First, we’ll need some information about your AP department:

# of Full-Time
AP Processors:

AP Automation Headcount Reduction:

AP Processor Annual Salary:

Average Burden Rate (%):

YOUR PEOPLE COSTS

#AP Processor Fully Burdened Annual Salary:

$44,486

AP Processor Fully Burdened Hourly Rate:

$21.39

Your Total AP Processor Cost Savings:

Next, let’s take a look at your invoices:

# of Invoices Processed Per Year:

Annual Invoice Growth Rate:

Average Amount of Invoice ($):

Annual % of Invoices Paid Late:

Average % Charged for Late Payment

Annual % of Invoices Missed Early Discount:

Average % of Early Pay Discount:

% of Duplicate Payments:

YOUR ANNUAL INVOICE DETAIL AND CASH SAVINGS

Average People Cost Per Invoice:

$21.21

Eliminating Late Payments:

Eliminating Missed Discounts:

Eliminating Duplicate Payments:

Now, let’s take a look at productivity savings with AP Automation:

How many hours per year does your team spend on these tasks?

Printing, Sorting, and Filing Invoices

Tracking Invoices Routed for Approval

Resolving Duplicate Payments

Calculating Unit of Measure Discrepancies

Entering Invoices Into ERP System

Tracking and Reporting AP Processes

Researching Vendor and Audit Inquiries

% of Invoices Requiring Exception Handling

Annual Cost of Off-Site Storage

PRODUCTIVITY SAVINGS

Hours Reclaimed:

9135

Total Productivity Savings

READY TO SAVE WITH INTELLICHIEF?

Fill out the form to receive your in-depth AP Automation savings report.

First Name:

Last Name:

Company:

Company Email:

ERP:

Country:

Do you have a project?

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Annual Savings:

This is your estimated annual savings with IntelliChief AP Automation

$1,631,505