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ROI Overview

How The Savings Add Up

OpsTechnology saves a 250-unit site an average of $50 per unit per year through:

  • Automation
  • Centralized control over purchasing
  • Increased savings due to growth in the number of discounted suppliers
  • Savings on transaction costs due to automation
  • Visibility into spending and budgets which enables effective, timely money management

 

The Cost of Paper Processes

Time and money is wasted every month at each of your sites on paper-based processes. How many invoices do your sites process each month? Consider that against the time spent entering invoice data; approving and batching invoices; routing paper for approval; verifying, code review, and posting invoices; corrections; and filing and retrieving documents. Plus, the hard costs of overnight mail packages and postage.

  • Faster processing for elimination of late fees
  • Online approvals
  • Elimination of errors from manual data entry
  • Safe, secure online document storage

 

Purchasing Program Optimization

Managing compliance to your purchasing program across geographically dispersed sites is time consuming and difficult to maximize on the value.

OpsTechnology centralizes purchasing activity and forces compliance at the site level to improve:

  • Average discount on items
  • Purchasing program expansion
  • Compliance to your purchasing program

Calculate Your Savings! Use our ROI Calculator and find out how much you can save to your bottom line.

Savings Example

15 Communities
200-Units per Site
$400 per unit in potential spend
$3,000 per unit in total onsite spend

eProcurement
Savings / Site $7,640.00
Savings / Unit $38.20
Savings / Invoice $11.00
Invoice Management Savings
Savings / Site $7,577.00
Savings / Unit $37.90
Savings / Invoice $11.00
Combined Savings
Savings / Site $15,217.00
Savings / Unit $76.00
Savings / Invoice $22.00
Total Purchasing Program Spend $1,200,000.00
Total Portfolio Savings $228,255
% Savings on Controllable Spend 19%
% Savings on Overall Spend 2.5%
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