Calculate your savings by Trading up to Tradex
Switching to a true e-invoicing solution will increase the speed and accuracy at which invoices are processed, reducing both the cost and resource requirements of a manual AP process.
Use the calculator below to see how much you could save with Causeway Tradex
Simply enter a few details to calculate the potential savings
Top free text field
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How many invoices does your company process per year?
- 10,000
- 300,000
- 600,000
System/Software Costs
How much does your company spend on systems / software to process invoices?
- £0
- £25,000
- £50,000
Bottom free text field
*This is calculated based on the Accounts Payable Association's research that shows one AP clerk can manually process 42 invoices per day. Working 261 days per year, that equates to a maximum of 11,000 invoices per annum.
** This is the average salary according to Glassdoor 2022
Current Costs | |
Invoices Processed |
10000 |
Number of AP Clerks** |
0 |
Average AP Clerk Salary** |
£ |
System/Software Costs |
£ 10000 |
Total Cost Per Invoice Total Cost Per Invoice |
£ 00 |
Total Costs Total Costs |
£ 00 |
Calculation Result
Potential Savings with Tradex
Current Costs | With Tradex | Potential Savings | |
Invoices Processed |
|
1000 |
- |
Number of AP Clerks** |
|
XX |
XX |
System/Software Costs |
|
£ 10000 |
- |
Total Cost Per Invoice |
|
£ 00 |
00 |
Total Costs |
|
£ 00 |
00 |
Invoices Processed | |
---|---|
Current Costs |
|
With Tradex† | 1000 |
Potential Savings | - |
Number of AP Clerks** | |
Current Costs |
|
With Tradex† | XX |
Potential Savings | XX |
System/Software Costs | |
Current Costs |
|
With Tradex† | £ 10000 |
Potential Savings | - |
Total Cost Per Invoice | |
Current Costs |
|
With Tradex† | £ 00 |
Potential Savings | 00 |
Total Costs | |
Current Costs |
|
With Tradex† | £ 00 |
Potential Savings | 00 |
** This is the average salary according to Glassdoor 2022
*This is calculated based on the Accounts Payable Association's research that shows one AP clerk can manually process 42 invoices per day. Working 261 days per year, that equates to a maximum of 11,000 invoices per annum.
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CAUSEWAY
Your Tradex Calculation Result
In this time of falling margins and uncertainty across the construction industry its worth recognising the positive impact that biometric time and attendance can have on commercial performance. Our recent research found that contractors using biometrics reduced labour costs by 20% on average.
The below calculation provides an indication of what your business could save with biometrics.
If you are seeking advice on implementing a biometric solution or would like to arrange a demonstration of the Causeway Donseed solution, please contact marketing@causeway.com today.
Your Information
Invoices Processed:
Number of AP Clerks:
Average AP Clerks Salary**: £
Current Software: £
Total Cost: £
Total Cost Per Invoice: £
With Tradex
Number of AP Clerks:
Total Cost per invoice: £
Total Cost: £
Saving
Number of AP Clerks:
Total Cost per invoice:
Total Cost: