AP Calculator

Current invoice information:

Enter the # of invoices your AP staff processes per year:

Personnel information:

Enter the number of AP employees:

Enter the number of hours per day each AP employee spends invoice processing (including supplier interaction):

Enter the number of AP employees approving invoices:

Operational Expense:

Enter the dollar amount of 3rd party invoice storage service per year:

Enter in the dollar amount of 3rd party invoice scanning service per year:

Estimated AP Automation Benefit | 3-Year Total

Personnel Costs Savings:
Operational Expense Savings:
Total:

Total AP Process Automation Benefits
Personnel Costs Savings:

Operational Expense Savings:

Disclaimer – Estimated benefits are based on cost-savings achieved in typical Kofax installations.This Benefit Estimator tool is made available to you as a self-help tool for your independent use and is not intended to provide investment advice. Information derived from, and calculations produced by, the Benefit Estimator tool are designed to be an approximation using the information you provide. Certain calculations are based on industry averages. The accuracy of this tool and its applicability to your circumstances is not guaranteed and actual results may vary. This Benefit Estimator tool is not intended as an advertisement, an offer to provide services, or an offer of any advice. For more detailed information relating to your specific Kofax program, please contact us.

Accounts Payable Automation Report