Process Summation Formulas:
For multi-process calculations across Recruitment, Payroll, Exit, Training, and Query Handling:
Total Current Annual Cost = ∑ Current Annual Cost (Process)
where Process ∈ {Recruitment, Payroll, Exit Management, Training, Query Handling}
Total Future Annual Cost = ∑ Future Annual Cost (Process)
where Process ∈ {Recruitment, Payroll, Exit Management, Training, Query Handling}
Total Annual Savings = ∑ Annual Savings (Process)
where Process ∈ {Recruitment, Payroll, Exit Management, Training, Query Handling}
ROI Percentage:
Annual return on investment as a percentage:
ROI (%) = (Annual Savings / Total Cost) × 100
Payback Period:
Time to recover the total implementation cost from annual savings:
Payback Period (months) = (Total Cost / Annual Savings) × 12
Process Efficiency:
Ratio of future hours to current hours, expressed as a percentage:
Process Efficiency = (Future Annual Hours / Current Annual Hours) × 100
Net Savings:
Total savings considering implementation costs:
Net Savings = Annual Savings - Total Cost