The formula
The calculator uses no secret numbers:
- Hours today = minutes per task × times per month × people / 60
- Cost today = hours × hourly cost
- Hours saved = hours today × share taken over by the tool
- Net saving = hours saved × hourly cost − tool running cost
- Payback = one-off price / net monthly saving
An example
An accountant retypes 300 invoices a month, 5 minutes each. That’s 25 hours a month. At 450 CZK an hour, the manual work costs 11,250 CZK a month. If a tool takes over 80% and costs 1,500 CZK a month to run, the net saving is 7,500 CZK a month, or 90,000 CZK a year. A tool costing 120,000 CZK pays back in 16 months.
Those are illustrative numbers. Use your own.
What to do with the result
If payback comes within two years, automation is usually a good investment. Work out the tool’s price in the estimate calculator, or write to us and we’ll measure the real numbers on a prototype.