Evaluate Your HR Impact with isolved’s ROI Calculator
Gain Insights on Time and Cost-Savings Potential
Find out how much you could save with your HCM investment — based on verified research from analyst group Nucleus Research. Take a moment to input your data and discover your estimated annual net benefit from isolved People Cloud.
Average Annual Net Benefit
Direct Benefit 19.1% Indirect Benefit 80.9%
Average Annual Net Benefit:
$132,225
INCREASED PAYROLL PRODUCTIVITY
How many total hours are spent each month managing payroll processing?
40 hours per month
What is the average annual fully loaded cost of a payroll accountant?
$80,000
By what percentage can you reduce the hours spent processing payroll?
76%
Annual benefit from increased payroll productivity:
$14,030
REDUCED EMPLOYEE ONBOARDING AND BENEFITS ADMINISTRATION COST
How many administrators are involved with benefits enrollment and onboarding?
4 administrators
How many hours will the average administrator spend each year on benefits and onboarding?
100 hours per year
What is the average annual fully loaded cost of an administrator?
$2,080
By what percentage can you reduce the hours spent on benefits and onboarding using isolved?
75%
What is the total estimated annual cost of paper used to prepare benefits packages?
$10,000
Annual benefit from reduced benefits and onboarding cost:
$10,300
INCREASED PRODUCTIVITY FROM EMPLOYEE SELF-SERVICE
How many human resources staff members do you have?
7 staff
How many hours are spent each month by each staff member on self-service addressable issues?
33 hours per month
What is the average annual fully loaded cost of a human resources staff member?
$80,000
By what percentage can you reduce the hours spent through employee self-service?
87%
Annual benefit from increased payroll productivity:
$92,755
INCREASED MANAGER PRODUCTIVITY
How many managers manage employees?
1 managers
How many hours per month does the average manager spend developing work schedules?
1 hours per month
What is the average annual fully loaded cost of a manager?
$80,000
What percentage of this time can be eliminated using automated scheduling?
70%
Annual benefit from increased payroll productivity:
$323
ELIMINATE CURRENT LICENSE AND SUPPORT COST
How much do you spend annually on human resources software that will be replaced with isolved?
$2,453
How much do you spend annually to maintain hardware that will no longer be needed?
$0
How much do you spend annually on payroll printing costs that can be avoided after deploying isolved?
$0
How many IT employees support the current software and hardware environment?
0 employees
What is the fully loaded cost of one of these employees?
$0
Annual benefit from eliminating current solutions:
$2,453
REDUCED PAYROLL ERROR RATE
What is your total annual payroll (in millions)?
1 million
What is your estimated payroll error rate (0.8 to 2.5%)?
1.2%
By what percentage can you reduce your payroll error rate?
95%
Annual benefit from reduced payroll errors:
$11,400
REDUCED LABOR COST
What is your total annual payroll for scheduled employees (in millions)
1 million
What is your estimated padding amount (2 to 6%)?
1.2%
By what percentage can you reduce your excess labor cost through better scheduling and optimization?
95%
Annual benefit from reduced labor cost:
$11,400