ROI Calculator

How much is paper filing costing you?

Our ROI calculator is designed to help you determine the amount of money you spend on your current paper based system, so you can easily see how much you would save per month by switching to our full-fledged electronic management system. Please fill out the fields below with the best estimates that match your business, or use the values we provide to get an idea of how the calculator can work for you.

Section 1: Total employee cost per hour

Average Hourly Wage for Admin/Filing Staff

Employee Benefit/Burden %

Total

Section 2: Monthly cost to file new documents

Number of files added each month

Time to prepare and file each (in minutes)

Total

Section 3: Monthly cost of storing old files

Number of four drawer filing cabinets

Square footage for a single cabinet

Office space lease per square foot

Total rental cost for OFF-site file storage (optional)

Total

Section 4: Monthly cost to retrieve documents

Number of people who retrieve documents

Average # of documents retrieved per person, per day

Average time to retrieve each document, in minutes

Average workdays per month

Average labor cost per minute

Total

Section 5: Monthly cost to find mis-filed/mis-labeled documents

Average number of mis-filed documents per month

Average time to find a mis-filed document (in minutes)

Average labor cost per minute

Total

Section 6: Monthly fax costs

Number of documents faxed out daily

Average time taken to fax each document (in minutes)

Average labor cost per minute

Average workdays per month

Total

Section 7: Monthly courier costs

Number of documents sent via Fed Ex or UPS daily

Average cost of UPS/Fed Ex service

Average workdays per month

Total

Section 8: Monthly cost for supplies

Cost for supplies per 500 files stored per month =$200.00. This is paper, hanging files and manila folders, bankers boxes. Ex 1000 files = 400.00

Total