Weel savings and ROI calculator

Employees with expense requirements

100

125+

Employees with expense requirements

Number of expenses per month per employee

50+

Number of expenses per month per employee

Average employee salary

50k

100k

150k

200k

250k

300+

Average employee salary

Average finance team salary

50k

100k

150k

200k

250k

300+

Average finance team salary

Total expenses per month:

250

Traditional spend management

Total cost of managing company spending across multiple products and tools

42 hours

spent per month by employees

21 hours

spent per month by finance team

$3,454

/ month

Total costs (salaries)

Spend management with Weel

Total cost of managing company spending using one, streamlined solution

$495

Weel subscription fee (Premium Plan)

$346

Salary costs

$841

/ month

Total costs (subscription + salaries)

How much you’ll save

Your calculated savings total when comparing Weel with traditional spend management products

$31,356

/ year

Savings

527.9%

Return on investment

Key assumptions

Team members spend an average of 10 minutes prepare and process each expense. External research puts this at up to 20 minutes *
Finance team members on average spend a further 5 minutes to review each expense. External research puts this at up to 18 minutes for each correction that needs to be made *
Time spent by employees and finance team reduced by approximately 90% with an automated expense management solution such as Weel.
Weel subscription cost based on the lowest plan that meets the customers needs, including base fee, plus user and transaction overages. **
Return on Investment = Savings / Cost of Weel subscription ***

Refer to article How Much Do Expense Reports Really Cost a Company

Refer to Weel Pricing

Refer to article How to Calculate ROI for a Project

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