| What is your paper based system costing you? To use this tool, simply walk through each section and fill in the area entitled "your inputs". Then move to the second tab to see how our system addresses each area and how much money we can potentially save you. |
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| Data Entry - One major area our system address is keying of information. Through automated collection, you can eliminate the need to key in the paper timesheets you have been doing to this point. Collecting those timesheets on time and being able to read them to get them entered has a cost associated to it. |
your inputs |
cost per
month |
1. |
hours per employee spent keying in information per week |
|
| 2. |
average total compensation per employee doing this work per hour |
|
| 3. |
number of employees doing this work |
|
$0.00 |
| |
| Payroll Accuracy - The second major area our system address is ensuring accuracy In a paper based system, the employee is left to fill out their timesheet. Often times this is done after hours, trying to remember when they started, when they took lunch and when they ended. Inevitably, there are errors and your payroll is impacted. |
| 1. |
hours of over pay due to inaccurate payroll per employee per month |
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| 2. |
average total compensation per employee per hour |
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| 3. |
number of employees doing this work |
|
$0.00 |
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| Access - The third major area our system address is having access to information. Business executives need access to business critical information at any moment in this on-demand world. Not having access to that information can lead to customer satisfaction problems, inaccurate decision making, etc. |
| 1. |
hours spent per executive finding business critical information per week |
|
| 2. |
average total compensation per employee per hour |
|
| 3. |
number of executives doing this work |
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$0.00 |
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| Billing - The final major area our system address is billing assistance. With a paper based system, there can be significant hours spent preparing information for invoicing. In addition, with a paper based system, there is always the chance an employee forgot to mark the exact time or task performed for any particular client. |
| 1. |
hours per employee spent preparing invoice information per month |
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| 2. |
average total compensation per employee doing this work per hour |
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| 3. |
number of employees doing this work |
|
| 4. |
Estimated missed billings per month (perhaps 1% to 5% of actual invoiced amount) |
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$0.00 |
| |
| Cost of your paper based system per month |
$0.00 |
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