Accounts Payable Automation ROI Calculator
What is your return on investment when automating accounts payable?
Fidesic is built to make your processes easier, and therefore, save your company money. However, because these savings are often based on increased efficiency, the direct savings can be a bit hard to pin down. That's why we've built this tool to assist you in your analysis.
This ROI tool was designed to give you an extremely conservative estimate of your expected return on investment. No one wants an ROI tool that always shows positive results, and no one trusts an ROI tool that includes too many soft costs. According to most analysis, the average cost to process an invoice is between $10-17 without Automation, you'll see that our estimate is often times well below that.
How many invoices do you pay monthly?
0 20,000
(need more invoices?)How much would you like to reduce your data entry with OCR?
0% 100%
How many admin/accountant users do you need?
1 40
(need more admins?)How many approvers do you have?
0 100
(need more approvers?)Average Number of Approvals Per Invoice
0 10
(need more approvals?)Expected ROI:
Savings per Month: $0
Hour Savings per Month: 106 hours
Average Cost Per Invoice
Before Fidesic:
After Fidesic:
Renae B.
April 28, 2020
I have enjoyed FIDESIC and all tech support. They really try their best to be efficient and helpful and in my opinion they go over and beyond in doing so. Its much appreciated!!
Sarah S.
Jan 29, 2021
Fidesic's OCR is some of the best that I have seen. If there is an issue with anything, they are very quick to respond and resolve. They always listen to our needs and are generally able to adjust the system to meet those needs.
User in Health, Wellness and Fitness
Jan 29, 2021
Being able to see all my invoices that are pending payment, paid, and voided. I was able to find $5k of invoices that were not our offices and recoup the funds!