Estimate the potential value of Revver for you & your buisness
Revver ROI calculator report
Revver is your all-in-one intelligent document management solution designed to streamline your business operations. We created the Revver ROI calculator to help you estimate how much potential time and money your organization can save with Revver.
Intangible Benefits
Boost Productivity and Focus on High-Value Work
By streamlining document management, Revver saves time so your team can focus on tasks that drive more revenue.
Fewer Errors
Revver’s automated workflows and data entry reduce mistakes, making your document processes more accurate and reliable.
Lower Risk of Audits and Compliance Issues
Revver helps you stay compliant by ensuring only authorized users access sensitive documents, while built-in audit trails provide clear tracking and compliance with regulatory standards.
How it works
The ROI Calculator estimates your company’s potential return on investment from using Revver by comparing your input data with the expected costs for pricing and implementation. It breaks down the ROI into the following three sections to give you a clear view of your total potential value.
Key drivers for ROI
Task Efficiency
Save time on document retrieval, approval, and managing lost or misfiled documents by using Revver’s AI automation and no-code workflows.
Consolidated Tools
Reduce spend on overlapping, expensive software suites by using Revver all-in-one intelligent document management and eSignature solution.
Paperless Operations
Eliminate the cost of paper records and the hardware and legacy apps to maintain them by using Revver’s intuitive folder templates and extensive software storage.
How the ROI is calculated
$ Cost Savings + Efficiency Gained – $ Investment = $ Net Return
Cost Savings
The cost savings is the summation of three benefit values:
- Savings from Task Efficiency
- Savings from Consolidated Tools
- Savings from Paperless Operations
Investment
Investment costs are the summation of one off implementation cost and ongoing annual costs of Revver.
Net Return
The output return of the ROI calculator is an estimated return on investment and estimated payback period which is the length of time it takes to recover the cost of an investment.
Formulas
TASK EFFICIENCY
Document Storage & Retrieval
$24/hr x employee count x 20 work days/month x seat density x efficiency rate x 12 months
Document Approval
($7.75 per invoice x 6488 invoices annually) x seat density x efficiency rate
Printing and Scanning
$20,000 x employee count x seat density
Reduction in Lost & Misfiled Documents
2 hrs/day x $20/hr x 20 work days x employees x seat densityx12 months
CONSOLIDATED TOOLS
Redundant Software Licenses Fees
PAPERLESS OPERATIONS
Cost for Physical Document Storage
$1 per employee x12
Outsourced Scanning Service
$8 per employee x seat density x employee count x efficiency rate
Copy and Print
$60 per employee x employee count x seat density
Hardware, Legacy Applications & Systems Maintenance
$37 hourly rate x number of employees x seat density
References
- https://www.gofindit.com/how-efficient-document-storage-and-retrieval-reduces-overhead
- https://www.securescan.com/document-scanning-price-calculator/
- https://www.imageoneway.com/blog/how-do-i-calculate-my-true-printing-costs-and-cost-per-page-cpp#:~:text=The%20average%20employee’s%20work%2Drelated,printing%20is%20costing%20your%20business
- https://www.encomputers.com/2024/05/how-much-does-it-support-cost
- https://www.proshred.com/proscan/wp-content/uploads/sites/47/2020/09/What-are-paper-files-costing-you-updated.pdf
- https://www.stampli.com/blog/invoice-processing/how-to-reduce-manual-invoice-processing
- https://www.armstrongarchives.com/records-management-statistics
- https://www.glean.com/resources/guides/hybrid-workplace-habits-hangups
