Example Return on Investment Approver Plan

Additional Savings (Optional Approval plan)

For 600 invoices annually, if we assume 15 minutes saved per invoice for each of the AP worker and the approver:

• Total time saved per invoice: 30 minutes (15 minutes for each role)
• Total hours saved annually: 600 invoices × 0.5 hours = 300 hours
• Cost savings at $25/hour: 300 hours × $25 = $7,500

So, by automating approvals and eliminating email, subscribers can save $7,500 annually in time costs.