Want to know how much SpendLogic can save your company? Try this simple calculator to get an estimate:
(1) Estimated current expenditure assumes variables chosen above and one hour of work per round of review/revision (including management, compliance, and employee effort). Additionally, assumes 4 hours per month per employee spent supporting other functional groups such as estimating & pricing. Hours priced using burdened rate of $125/hr.
(2) Potential savings assumes total time of 1.25 hours for each new report and 0.5 hours for each follow-on report. Review/revision reduced to 0.5 hour for new reports and 0.25 hours for follow-on. 2 hours per employee spent supporting other functional groups – savings due to centralized data access. Hours priced using burdened rate of $125/hr.
(3) Minimum ROI calculation is based on (savings – cost) / (cost). Cost calculated as $150/employee/month.