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Estimate the ROI of ELMO Payroll using our simple, online calculator. Receive an estimate of the financial savings you could enjoy in a given year by utilising ELMO’s cloud-based Payroll system.

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Including casuals, contractors, full-time, part-time and volunteers, across all sites and locations.

What is your typical pay cycle? (Select all that apply)
Estimate the mix of your pay cycle (% splits totalling 100%):
Please ensure the total is equal to 100% or you will be unable to submit this form.

Number of data entry hours:

Number of data entry hours:

Number of data entry hours:

Number of data entry hours:

Number of data entry hours:

How many hours of data entry is involved per pay period?
Based on the number of employees in your organisation as entered above, the estimated number of data entry hours that would be needed is indicated below:

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Average = 0.45% error rate. [1]

Error Rate Calculations
How many days does it take your organisation to complete your payroll process per pay period?
Average weekly pay cycle = 1.9 days. [Fortnightly] payroll cycle = 4.6 days. [2]

Number of data entry hours:

Number of data entry hours:

Number of data entry hours:

Number of data entry hours:

Number of data entry hours:

How many payroll enquiries do you get per pay period?
(Including reviewing payslip information, confirming bank deposit details etc.)
Average = 79 enquiries per year for every 100 employees. [3]

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If you are unable to see a SUBMIT button below, review your inputs to Q2 and ensure the percentages total 100%

Sources:

  1. APA: 2019 Payroll Benchmarking Report
  2. Virginia McMorrow: Mercer Payroll Benchmarking Survey 2015
  3. Bloomberg BNA: Payroll Department Benchmarks and Analysis 2015-2016
  4. Forbes: Mobile Devices, More Than Cost Savings, Drive Cloud Computing: Survey
  5. Payscale: Average Payroll Officer Salary

Disclaimer:

ELMO Cloud HR & Payroll provides this ROI Calculator as a tool to help you explore the potential cost savings that your business could achieve when utilising ELMO Payroll, so that you determine whether to further consider ELMO Payroll for your business. ELMO Payroll ROI Calculator savings are indicative only and are based on a combination of market data as referenced, and your responses to the questions displayed. Actual savings may vary.

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