Return On Investment

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" + "Savings Analysis For " + document.roi.company.value + "

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Human Error Factor
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You stated your inaccuracy in calculation of payroll hours by manually adding time cards or time sheets is approximately " + document.roi.error.value + "%." + "
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Number of Employees

" + document.roi.emplnum.value + "

Average Hourly Rate

$" + document.roi.emplwage.value + "

Average Hours Per Week

" + document.roi.hours.value + "

Total Weekly Payroll

$" + doRound(total) + "

Your Estimated Human Error Factor

" + document.roi.error.value + "%

Weekly Savings

$" + newErr + "

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Audit Savings
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Your estimate for manually auditing and entry of time cards takes " + document.roi.audit.value + " minutes per card each week. An automated time and attendance system will reduce that to 1 minute." + "

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Number of Employees

" + document.roi.emplnum.value + "

Audit Minutes Saved

" + Number(document.roi.audit.value - 1) + "

Total Minutes Saved Weekly

" + Number((document.roi.audit.value - 1) * document.roi.emplnum.value) + "

Total Hours Saved Weekly

" + auditHour + "

Rate Of Person Doing Audits

$" + doRound(document.roi.auditwage.value) + "

Audit Person's Labor Savings

$" + auditsave + "

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Lost Time Savings
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Lost time primarily consists of wages recaptured by our rounding and restriction capabilities. To calculate this lost time, you assumed an average of " + document.roi.timelost.value + " minutes per day are lost." + "

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Your Assumed Lost Productivity

" + document.roi.timelost.value + "

Average Employee's Rate

$" + document.roi.emplwage.value + "

Average Wages Overpaid Daily

$" + dailylost + "

Average Wages Overpaid Weekly

$" + weeklost + "

Total Wages Recaptured

$" + weeklost + "

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By Installing A Time Spot System, Your Savings Would Be:

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Total Daily Savings:

$" + daySave + "

Total Weekly Savings:

$" + weekSave + "

Total Monthly Savings:

$" + monthSave + "

Total Annual Savings:

$" + yearSave + "

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Software

Data Collection

ROI

Let's See How Much Money You Will Save...

By providing answers to the following questions, your Payroll/Time and Attendance specialist will be able to provide you and your company with an accurate, hard-dollar savings estimate on a monthly and annual basis.

Survey Questions:
1. Company Name:
2. Contact Name: Fax: E-mail:
3. Number of employees you anticipate using an automated system:	Employees
4. Average hourly wage rate of employees using the system:	$
5. Average number of hours these employees work per week:	Hours
6. Time card audit by supervisors & payroll department (average being 7 minutes)? (Amount of time wasted tracking down people who forgot to punch and/or the time wasted just manually adding the timecards/sheets)	Minutes
7. Average hourly wage of Time Card auditing personnel?	$
8. Average lost time per employee per day (average being 6 minutes)? (Example employee could be 2 minutes late for work, take an extra 2 minutes for lunch, and leave 2 minutes early from work)	Minutes
9. Error factor or accuracy of your payroll (average being 3%)? (If your payroll department is extremely meticulous, dedicated, and conscientious, your error factor is still a minimum of 1%)	%

Remember, it is impossible to ever have a 100% accurate payroll if you are still manually adding up time cards or handwritten sheets filled out by your employees. Even if you are inaccurate by only 1% each pay period, that is costing your company hundreds or thousands of dollars annually.

Why not automate the payroll process? You will:

Save your company a lot of money

Save 70% to 80% of your supervisor's and payroll personnel's time

Be able to generate reports to operate your company more efficiently

Number of Employees	" + document.roi.emplnum.value + "
Average Hourly Rate	$" + document.roi.emplwage.value + "
Average Hours Per Week	" + document.roi.hours.value + "
Total Weekly Payroll	$" + doRound(total) + "
Your Estimated Human Error Factor	" + document.roi.error.value + "%
Weekly Savings	$" + newErr + "

Number of Employees	" + document.roi.emplnum.value + "
Audit Minutes Saved	" + Number(document.roi.audit.value - 1) + "
Total Minutes Saved Weekly	" + Number((document.roi.audit.value - 1) * document.roi.emplnum.value) + "
Total Hours Saved Weekly	" + auditHour + "
Rate Of Person Doing Audits	$" + doRound(document.roi.auditwage.value) + "
Audit Person's Labor Savings	$" + auditsave + "

Your Assumed Lost Productivity	" + document.roi.timelost.value + "
Average Employee's Rate	$" + document.roi.emplwage.value + "
Average Wages Overpaid Daily	$" + dailylost + "
Average Wages Overpaid Weekly	$" + weeklost + "
Total Wages Recaptured	$" + weeklost + "

Total Daily Savings:	$" + daySave + "
Total Weekly Savings:	$" + weekSave + "
Total Monthly Savings:	$" + monthSave + "
Total Annual Savings:	$" + yearSave + "