AP Automation ROI Calculator
One of the most important aspects of any business case is the financial analysis that supports it. While competing projects can have very different requirements and benefits, "Return on Investment" is one measure that allows enterprises to compare projects in an apples-to apples way. ROI is a performance measure used to evaluate the efficiency of an investment and is helpful for use in comparing the relative efficiency of a number of different investments.
This interactive research tool will help Accounts Payable ("AP") leaders/teams calculate a Project ROI, an IRR, a Net Present Value (NPV), and an estimated Project Payback Period for an ePayables (AP Automation) solution.
This ROI Calculator helps AP teams organize and aggregate their current costs, develop an investment budget, estimate potential gains or benefits from the ePayables solution, and calculate an expected return on the investment made in the solution(s). The Calculator also enables scenario analysis so teams can test optimistic and pessimistic outcomes and understand where the most leverage in their ePayables initiative exists so they can develop a plan that maximizes returns. This tool evaluates the potential investment over a three-year period, which is the industry-standard period of time to evaluate a technology investment.
And, as an added value, this ROI Calculator contains embedded Ardent Partners' Accounts Payable market research data and benchmark statistics to serve as a reference or proxy in making certain estimates and calculations.
While the final output is very detailed, thecalculator was designed to be highly intuitive and easy-to-use. The tool includes nine interactive worksheets to help AP leaders/teams present a comprehensive analysis of the potential investment opportunities. Each worksheet contains detailed instructions to guides users through the entire process in an efficient manner.
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