Introduction

We have produced a detailed return on investment calculator to help your firm assess the financial implications of deploying the Audit Toolbar and what you can expect to achieve in time savings as well as how quickly you can expect to generate a direct return on your investment.

Please answer all questions that require a time entry to be input in minutes. If you are unsure on any specific data point, then take a very conservative and approximate guess and just to be safe, even understate the numbers!

We hope you will be impressed with the outcomes and if you want to chat further, or have any questions feel free to get in touch, by clicking here

Audit Toolbar - Return On Investment Calculator

Your Information

Please enter your company name.
Please enter a contact name.
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Let's establish your firm's capacity and financial benchmarks.

Questionnaire

Enter a whole number of 1 or more.
Enter a whole number of 1 or more.
Core Workflows
Data Cleaning
This answer is required.
This answer is required.
Sampling
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This answer is required.
Vouching & Tracing
This answer is required.
This answer is required.
Journal Entry Testing
This answer is required.
Focused Insight

This assessment focuses on four key "time-leaks" in the audit cycle for simplicity. However, the true power of the Audit Toolbar extends across dozens of modules designed to drive efficiency and productivity in audit teams whilst increasing and maintaining quality and compliance across the firm.

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Time Recovered

100% is the full time saving the Audit Toolbar delivers. Lower values give a deliberately conservative view.

Projected time recoveries

Your own figures are shown against the time the same task takes with the Audit Toolbar, so every hour in the total traces back to an answer you gave.

Area Workflow level (minutes) Per engagement Total hours per year
Quantity ATB Recovery Quantity Minutes

Figures are shown to one decimal place. Every figure is worked out from your exact answers and rounded only for display, so a column may not add up to its total exactly.

Investment

Below is the indicative time recoveries you will achieve based on investing in the Audit Toolbar.

Recovery
estimated hours recovered each year
Spend
 

What that time is worth

Enter your own hourly rates to see the recovered hours as money.

£ / hr
£ / hr
Staff cost of the hours recovered
 
Charge-out value of the hours recovered
 
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