Invoice Cost Savings Calculator
Do you know how much you spend manually creating invoices for your projects each month? Discover the untapped potential of your construction budget – input just three key details into our intuitive ROI calculator and unveil the transformative savings awaiting you. Simplify your monthly invoicing process and watch your profitability soar with BuildTools!
Enter value greater than 0
Enter value greater than 0
Enter value greater than 0
Time Savings per Invoice (in hours)
Cost Savings per Invoice
Monthly Savings
Annual Savings
For small to medium projects: It might take anywhere from 1 to 3 hours to gather all the necessary information, such as timesheets, expense reports, purchase orders, and contract details. For the purposes of this calculator, we used a 2 hour time frame using a moderately efficient system with some level of digital record-keeping.
For larger or more complex projects: The time required could increase to several hours or even a full day. This is especially true if the project involves multiple subcontractors, complex cost tracking, or a high volume of material and labor expenses that need to be meticulously documented and reconciled.
Please note that the calculations displayed by this tool may not be 100% accurate, correct and/or complete and that they are intended solely for general information and education purposes. You should not take any action on the basis of the information provided by this application as it should NOT be considered as a substitute for any professional financial service or advice. The creator of this calculator is in no way liable of any actions that might be taken by users.
Please note that the calculations displayed by this tool may not be 100% accurate, correct and/or complete and that they are intended solely for general information and education purposes. You should not take any action on the basis of the information provided by this application as it should NOT be considered as a substitute for any professional financial service or advice. The creator of this calculator is in no way liable of any actions that might be taken by users.