Reporting time savings calculator — the real cost of manual reports
Reporting time savings calculator — price the hours your team spends building reports, the annual cost, hours recovered and the FTE equivalent.
Multiply the hours each person spends building reports every week by the number of people, then by working weeks and their loaded hourly cost. Six people at seven hours a week, 47 weeks, at $62 an hour is 1,974 hours and $122,388 a year. Automating 60% of that returns 1,184 hours, 0.63 of an FTE.
Nobody budgets for report building. It arrives as an hour here and a Friday afternoon there, spread across a controller, two analysts and whoever knows where the export lives. Priced properly, it is one of the larger uncosted line items in a finance team's year.
This reporting time savings calculator prices it. Enter how many people build or pull reports, how long they spend each week, and what an hour of their time costs loaded. You get the annual cost, the hours a given automation rate returns, the FTE equivalent, and how long questions sit waiting for an answer.