15
Appendix: ROI Calculations
Vari able/Calculation
Show Me the Money #1
Smal l Business
Check Heavy
Show Me the Money #2
Smal l Business
AP Stream Bal anced
Show Me the Money #3
Medi um-Sized Business
AP Stream Bal anced
Show Me the Money #4
Medi um-Sized Business
Ul tra-Check-Efficient
Cos t of Check Processing (A) $13,333 $5,667 $56,667 $26,667
Percentage of Vendors Enrolled to Card (B) 60% 60% 60% 60%
Check El i mination Savings (A x B) $8,000 $3,400 $34,000 $26,667
Ol d Cos t of Processing this Number of Checks (C) $5,333 $2,267 $22,667 $10,667
New Cos t of Check Processing (D) $845 $359 $3,590 $8,448
Check Processing Savings (C – D) $4,489 $1,908 $19,076 $2,219
Cos t Reducti on Savings $12,489 $5,308 $53,076 $18,219
Card Transaction Volume Value (E) $1,440,000 $612,000 $6,120,000 $14,400,000
Reward Percentage (F) 1.00% 1.00% 1.00% 1.00%
Reward Value (E x F) $14,400 $6,120 $61,200 $144,000
Annual Fee (G) $1,000 $1,000 $1,000 $1,000
Check Total Cost (H) $320 $136 $1,360 $3,200
ACH Total Cost (I) $30 $99 $990 $300
Total Intacct Fees & Costs (G + H + I) $1,350 -$1,235 -$3,350 -$4,500
Potenti al benefits $25,539 $10,193 $110,926 $157,719
Assumptions based on:
1% Reward (i ndustry s tandard) (individual rewards and el igibility may vary and are s ubject to the terms and conditions of your Card agreement)
