Savings Calculator


 
 
                                      SAVINGS CALCULATOR

To obtain an estimated savings Return on Investment (ROI), insert the requested
data in the fields marked by a red asterisk,
and click on Submit. Please note that the results are an estimate based on actual Purchasing Assistant™ client history. Note: Current data must be inserted to obtain a savings estimate*.
  • Number of Cost Centers*.................................
  • Number of Employees*....................................
     
  • Number of Purchase Orders .............................

        (Default projection is based on 42 Purchase Orders
        per cost center, per year)
.

  • Supply Expense*.............................................

        (Annual office products, toner and printing expense). 

 
  • Administrative Expense ...................................

          (Default amount based on salary and time management
        studies by the DOL and Aberdeen Group).

 
  • Annual Subscription Fee ..................................

        (Default calculation is based on the Subscription Fee
        schedule).

   __________________________________________

  • Product Cost Savings ......................................


 
  • Administrative Cost Savings ............................


                               Net Monetary Savings ..................



                               Net Percent Savings .....................





 

      

          
Home
           Cost Analysis Worksheet
    
   
 

NOTE:
This calculator is designed to project
savings based on the number of active cost centers and full time employees.

-------------------------------------------

Product cost
savings are based on price
discounts negotiated by using the collective buying power of
Purchasing Assistant clients.

The savings are then compared to
discounts
offered by national retailers
to individual, peer size companies.

-------------------------------------------

Administrative cost savings are based on
2014 Department of Labor average salary statistics for clerical employees that perform procurement tasks.

Time on task measurement studies show that approximately 1.5 hour's worth of salary and overhead expense (approximately $60.00) is required to process individual Purchase Orders.

The Aberdeen Group further calculates that
approximately 58% in savings result by using
an e-Procurement system.