ROI Calculator

On average, VCA clients can automate enough tasks to save 2 hours per day per person. If you could reallocate that time into billable hours, what would that mean for you?

Step 1 of 6

16%

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Find Out if VCA Will Pay For Itself

This quick calculator will show you how much inefficiency costs, the revenue potential of converting inefficient time into additional billable hours and the estimated ROI of a VCA system upgrade.

In just 6 easy steps, you’ll have the answers!
(Hint: If Line 4 is substantially less than Line 3, you can’t afford to wait another day!)

Ready to see how your firm stacks up? Get started by completing the fields below.

Name*

First Last

Company Name

Email*

Average Number of New Claims per Month*

Your VCA Representative

Let's Determine Your Baseline

Tell us about your operation by providing some “average” numbers. Don’t worry about perfection, you can always go back and adjust the numbers later if needed.

Average Employee Hourly Wage

This is an average between admin staff and file handlers.

Number of Employees

Company Billing Rate

You probably have a few different hourly rates, but just use an average in this field.

Digging a Little Deeper

Let’s take a closer look at the manual, repetitive tasks that are completed every day. Enter the number of employees who work on each task, and the average time spent by each employee, each day.

Sending Acknowledgements to Clients

# of Employees Who Complete Task

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Total Time Spent - Sending Acknowledgements

Sending Claim Status Notifications

# of Employees Who Complete Task

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Total Time Spent - Sending Claim Status Notifications

Managing/Tracking Diaries

# of Employees Who Complete Task

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Total Time Spent - Managing Tracking Diaries

Maintaining File Notes

# of Employees Who Complete Task

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Total Time Spent - Maintaining File Notes

Assigning Claims

# of Employees Who Complete Task

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Total Time Spent - Assigning Claims

Generating Letters & Reports

# of Employees Who Complete Task

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Total Time Spent - Generating Letters & Reports

Locating Claims/Claims Info.

# of Employees Who Complete Task

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Total Time Spent - Locating Claims Info

Generating Invoices & Activity Summaries

# of Employees Who Complete Task

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Total Time Spent - Generating Invoices & Activity Summaries

Inefficiency Costs More Than You Think

Here’s a look at how small inefficiencies can add up to a lot of lost time and money.

Inefficient Hours Per Employee / Day

Inefficient Hours Per Team / Day

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Daily Lost Hours

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Daily Lost Wages

Weekly Lost Hours

Weekly Lost Wages

Monthly Lost Hours

Monthly Lost Wages

Yearly Lost Hours

Yearly Lost Wages

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Summary of Facts

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Average Hourly Wage

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Number of Employees

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Company Billing Rate

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Average Claims/Year

The Revenue Potential of Automating Inefficient Workflows

This potential revenue is based on taking 50% of your inefficient hours and converting them into billable time for your firm. We chose 50% as a rough estimate – your actual percentage of convertible hours could be higher.

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Daily Hours

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Billable Wage

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Revenue Potential - 50%

Weekly Hours

Billable Wage

Revenue Potential - 50%

Monthly Hours

Billable Wage

Revenue Potential - 50%

Yearly Hours

Billable Wage

Revenue Potential - 50%

Even if you only convert 50% of the hours you’re presently losing to inefficiency, the revenue potential is substantial!

What Do These Numbers Tell Us?

Here are the potentially shocking results. Are you surprised by the Cost of Doing Nothing?

1. Annual Cost of Inefficient Time:

2. Annual Revenue Potential if 50% of Your Lost Time Was Converted to Billable Hours:

3. Total Cost of Doing Nothing:

How Can You Solve This Problem?

4. Ballpark Annual Investment to Step Up to VCA Efficiency (based on your estimated claims volume):

If this number (line 4) is less than the red number (line 1) or green number (line 2), an investment in VCA Software makes good financial sense.
If this number (line 4) is significantly less than The Cost of Doing Nothing (line 3) it’s literally costing you a lot of money to stay on your existing system. You urgently need to upgrade.

Would you like to schedule a custom demo to see how this could work for you?*

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