ClearTech AP Automation ROI Calculator

Enter key details about your accounts payable processes to get an estimate of the impact ClearTech's AP automation solution can have on your business

Enter details

Number of invoices processed monthly

Number of payment transactions made monthly

What percentage of invoices do you process electronically

What is the AP Automation ROI Calculator?

If you need more information before taking the decision to automate your accounts payable processes, use our free AP automation ROI Calculator to assess your savings achieved through increased productivity and lower payment costs.

How to calculate the ROI on AP automation

Before you decide to automate your accounts payable processes, including invoice processing and payments, it is important to determine the benefits you can anticipate from the investment. ClearTech’s free AP automation ROI calculator processes a few inputs about your existing AP processes to evaluate the maturity of your operations and provide an estimate of the potential savings.

Benefits of using AP Automation ROI Calculator

Estimating the savings potential of automating your accounts payable using an AP Automation ROI Calculator can help you build a business case to invest in a solution that meets the needs of your business. You can estimate the savings from increased efficiency and productivity, which can be invested elsewhere.

Frequently Asked Questions

Why should I use the ClearTech AP Automation ROI Calculator?

ClearTech's AP Automation ROI calculator can help you assess the business impact if you choose to automate your processes. With minimal inputs, you can get the results that can help you build your business case internally without any fee and without providing any details.

How does the AP Automation ROI Calculator work?

ClearTech's AP Automation ROI Calculator provides you with an estimate of the savings potential based on your inputs on the number of invoices and payments processed by your business and the degree of digitization already implemented. It utilizes industry estimates and customer data to assess costs and the savings that can be realized.

Is the ROI calculator accurate?

The ROI estimates are based on average industry estimates and the average ClearTech customer. Based on the FTE costs of your business, the ROI may vary slightly. For a more accurate estimate, please contact us and get a free demo along with a detailed ROI report.

What factors does the calculator consider when estimating ROI?

To calculate the ROI of automating your accounts payable processes, we consider your current volume of invoices and payments. This helps us estimate the number of FTEs required and the costs that can be saved by automating your AP with ClearTech's AI-powered AP solution. The average cost per FTE and the time saved are based on industry averages and our customer data.

Can the calculator account for specific industry needs or company size?

ClearTech's AP Automation ROI Calculator takes into account the size of your business by factoring the invoice and payment volumes. Automating industry-specific requirements like HIPAA compliance for healthcare, bills of lading digitization for logistics or construction, etc, would further increase the potential savings for your business over and above the estimate provided by the ROI calculator.

What should I do after using the AP Automation ROI Calculator?

Once you get an estimate of the savings that can be realized with AP Automation, you can make a decision if ClearTech or any other AP Automation solution is right for your business. If you're interested in learning more about how AP Automation can benefit your business, please contact us to get a free demo.

Is there a cost associated with using a ClearTech AP Automation ROI Calculator?

ClearTech's AP Automation ROI calculator is free to use and carries no associated costs or charges.