Currency:
USD United States Dollars
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Number of employees with expense reports
Number of expense reports per employee per month
Typically 1-3/month. Sales reps or consultants often file 3 or more reports/month.
Hours spent to complete each expense report
Typically employees save 1-1.5 hours/report by using ABUKAI on the go.
With an assumed cost per hour of
Depends on company. For prof. services, put the billable hourly rate here.
Number of hours for manual data entry per expense report
ABUKAI Expenses delivers electronic files for import into accounting systems.
Number of hours saved for review per expense report
ABUKAI Expenses labels receipts and reduces errors, making checking easier.
With an assumed cost per hour of
Does your company bill your expenses directly to its customers?
Months payment delayed by customer due to late submission
Typically 3 months.
Interest rate
8% WACC as opportunity cost is typically a good assumption.
Avg. amount per expense report
% of expense reports submitted via express mail
ABUKAI allows you to electronically mail your reports.
Mail fee per report
For comparison: typically $15 in the US.
% of expenses not valid
ABUKAI Expenses reduces error.
% of expenses not deducted from taxes due to mis-categorization
Assumes 35% deduction. ABUKAI Expenses automates expense categorization.
% of employees who incur credit card late fees
ABUKAI Expenses gets employees to turn in their expense reports earlier.
Late penalty fee charged to company per occurrence
For comparison: typically $25 in the US.