Cost saving case study

 

A visitor attraction which offers a customer feedback form takes 10,000 respondents a year. The form takes two minutes to complete. One can assume that transcription takes time equal to completion so the attraction would save 20,000 minutes (333 hours) a year in transcription time. At the cost of £10 per hour transcription the company would save £32,244 a year using Capturx forms to instantly digitise the data.

 

In the scenario where there are three researchers completing forms by asking questions to multiple respondents it might take five minutes to complete a single form. If each researcher completes 100 forms per month that would total 25 hours. At a rate of £10 pounds that is £250 for three researches to complete all the forms and a further £250 for the transcription. If the company does this monthly then the annual cost of transcription is £2618.

An Adapx Excel kit costs £925. That covers the full package plus a pen. Extra users can be added by purchasing additional pens at a cost of £185. Clearly in both scenarios the company saves a lot of money in the first and those savings continue year on year.

 
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How Many Forms

How many A4 Forms - Record Templates do you want to digitally enable?

How Many Minutes to complete a form (average) in mins.

How long does it take to fill in a form?

How many records made from the forms per month (average)

How completed records, on average per month and per form, do you create from the forms you want to digitally enable?

Staff cost per hour

 

Transcription time as a percentage of manual filling

 

Time spent form filling per month (hrs)

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Time spent form filling per year (11 mnths) (hrs)

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Cost of putting pattern on (A4) forms - £ GBP

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Digital Pen nett saving per year (11 mnths) £ GBP

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If these figures look interesting why not try our Constucte-a-quote toolto see what broad area an example quotation might fall in.