TimeTarget

Cost Savings Calculator

This Cost Savings Calculator can be used to estimate the costs that your business could save by implementing the TimeTarget Roster and Time and Attendance Software.

Simply fill out the form below and the total value of costs savings will be calculated interactively as you go. The total savings is below but you can review all of the elements of the saving in the "Details of Costs Savings" section lower down the page.

Please review the "Notes on use of this Calculator" (appearing below) before use.

Total Saving Per Year

0

Details of Cost Savings

Below are the detailed assumptions and areas of costs savings included in the the Total Saving per Year shown above. By changing the enties in the form above you can tailor the model to your business and estimate the total savings that you could reap by using TimeTarget Rostering and Time and Attendence software.

Feature	Benefit / Estimate on Savings	Daily Time Saving	Ann. Cost Saving
Automatic rounding for staff arriving late and control of break times	Each hourly staff person has the likelihood to time creep 5 minutes per day by either arriving late, stretching break times or finishing early.	0 min	0
System can auto log off staff & prompt warnings to managers when penalty rates are starting to apply for specific staff.	Stops unwanted working over rostered time or overtime penalty rates before they are incurred. Est. 5 minutes per staff per day.	0 min	0
Prompt to advise sales below ideal driving labour cost % figure too high	Allows managers to reduce casual Staff if trading too quiet to justify the planned staffing levels. 5 minutes per Casual staff per day.	0 min	0
Faster Roster Creation	Save Store Managers time in creating, adjusting sending manual time sheets / rosters. 2hrs per Manager per store per week.	0 min	0
Interfacing to Wages package	Save data entry time by interfacing all roster data directly to payroll package, Est 10 minutes per staff per week.	0 min	0

Notes on use of the Calculator

These calculations are purely estimates and are not created specifically for any particular customer.
This example is to highlight possible time / cost savings that may be realised by use of the TimeTarget system.
No specific saving can be guaranteed.
Customers must make their own assessment as to the possible savings for their particular business.