At Orchid we’d like to think all our products are a great investment, but the potential benefits and savings aren’t always as transparent as with EFT Processing.
A piece of stationary, a stamp, a few cents here, a few minutes there…the numbers might seem small, but even with modest transaction volumes you could be surprised at how quickly they add up. To show you just how quickly, and just how short the payback period might be, we’ve developed an ROI Calculator spreadsheet. It really is as easy as 1,2,3...
- Select your country
- Estimate your average monthly volume of cheque payments
- Plug in a few key costs (e.g. staff hourly rate, bank transaction fees)…and out spits an estimate of annual savings and payback period.
Of course, the results are only indicative, and there are limitations (e.g. we've only modeled selected countries and currencies, and it only takes into account savings from EFT payments, not EFT receipts), but feel free to use it as a starting point when building your own business case.
