Invoice Processing Calculator

Check out how much you can save with AP Automation

Free Accounts Payable Processing Costs Calculator

Use our Accounts Payable Processing Calculator to compare manual invoicing costs with automated invoicing costs and see how much you can save by automating your Accounts Payable.

Remember our RapidAP reduces your costs by 82%. Use it as a benchmark when choosing an Accounts Payable Automation Software.

"*" indicates required fields

Step 1 of 3

Name*

First Last

Email*

Phone

Percentage of PO*

Please enter a number from 0 to 100.

The percentage of Purchase Order invoices influences the time your employees spend on processing an invoice. Generally, with companies that leverage more Purchase Orders than Non-Purchase Orders means the invoice processing time and associated costs are less.

Number of Invoices per Month*

Please enter a number from 0 to 99999.

The percentage of discrepancies relates to the amount of your total invoices failing your business process rules to cause an exception or error. There are many discrepancies which fail the ‘straight-through-process’ and create the need for human intervention. The more discrepancies the less efficient the process which in turn increases the cost to process.

Percentage of Discrepancies*

Please enter a number from 0 to 100.

Number of AP Staff

Average Salary

Minutes Spent per Invoice

Please enter a number from 0 to 60.

The minutes spent per invoice is calculated according to the total amount of invoices, the % of purchase orders, the % of discrepancies and the total number of AP staff involved in the process. The calculation assumes your employees are working full time, 7.5 hours a day.

Number of Business Users

Average Salary

Minutes Spent per Invoice

Please enter a number from 0 to 60.

Number of C-level

Average Salary

Minutes Spent per Invoice

Please enter a number from 0 to 60.

Percentage of Automation

Please enter a number from 0 to 100.

Your percentage of automation depends on your centralised or decentralised staff structure and Purchase Order verse Non-Purchase Order rate. As a guide, our average rate of automation with RapidAP is 82%.

By Solution

By Industry

By ERP

By Solution

By Industry

By ERP

By Product

Invoice Processing Calculator

Check out how much you can save with AP Automation

Free Accounts Payable Processing Costs Calculator

Contact Info

Quick Links

Experience The Difference.

web design by Inversit.