Savings calculator

How much does processing supplier invoices cost you today?

With a single number we estimate your team’s time, your cost per invoice and how many months automation takes to pay for itself, based on industry studies.

Your numbers

Supplier invoices per month

Fine-tune the estimate

Delivery notes per monthLeave blank and we assume 75 % of invoicesTeam cost per hour (€)Average invoice amount (€)Invoices are matched against the purchase orderAdds the time to find the order and check quantities and prices.

Assumptions (you can change them)

Minutes per documentExtra minutes per PO matchInvoices with an exception (%)Minutes per exceptionShare of work automated (%)Duplicate or erroneous payments (%)

What it costs you today

Handling invoices and delivery notes—

—

Resolving exceptions—

—

Team time—

Cost per invoice today—

With FinaroAnnual time savings——

Pays for itself in—

—

Money exposed to duplicate or erroneous payments—

—Not added to the savings: most of it is recovered later, but each case costs time and supplier goodwill.

Indicative estimate. Your actual proposal depends on your volume and your ERP.Show me with my invoices

Sources and assumptions

Handling time: 4 min per document as a conservative reference (IOFM puts the average at 9.5 min per invoice, AP Benchmarking 2024), plus 3 min per invoice when it is matched against the purchase order (IOFM, 2024).
Exceptions: 14 % of invoices raise an exception (Ardent Partners, 2024), taking 15–45 min each to resolve (IOFM); we use 30 min.
Duplicate or erroneous payments: 1.5 % of payments at the median company (APQC Open Standards Benchmarking, 2024), applied to the average invoice amount. Shown separately and not added to the savings.
Savings: we assume 80 % of handling and exception work is automated; the rest still needs a person.
Full-time person: about 1,760 hours a year.
Payback: Finaro reference licence based on the number of documents (invoices + delivery notes) plus a reference implementation; below 200 invoices a month, no implementation (plug and play).

Let's talk about your numbers

Book 30 minutes and we'll review this estimate with your real documents.

Try it with your own invoices.

In 30 minutes we'll show you Finaro processing real documents from your company.

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FinaroAccounts payable automation for industrial companies.

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