Poppy ROI Calculator
For an explanation of assumptions, see the table below the calculator. And read more about our approach in our blog post here.
Assumptions
| Assumption Category | Default Value Used | Rationale for Conservatism |
|---|---|---|
| Direct Spend Reduction | 2.50% | Industry benchmarks often cite potential savings from spend-management tools at 5–15% or higher. Our 2.5% default provides a cautious baseline estimate. |
| Manual Invoice Review Time | 15 minutes / invoice | Complex invoices can take 30 minutes or more to review thoroughly; we use a lower average of 15 minutes. |
| Time Saved (Invoice Review) | 40% | Effective tools often save 60–80% of review time. Using 40% helps ensure we don’t overstate efficiency gains. |
| Hourly Cost (Reviewer) | $75 / hour | In-house counsel often have blended or actual costs of $100–$200+. Choosing $75 keeps the estimate deliberately conservative. |
| Manual Data Entry Time | 10 minutes / invoice | Detailed manual tracking can easily take 15–30 minutes; we assume a faster baseline of 10 minutes. |
| Time Saved (Data Entry) | 80% | Automation often eliminates nearly 100% of manual entry. Using 80% leaves room for minor residual classification work. |
| Hourly Cost (Data Entry) | $25 / hour | Legal support staff frequently cost $50+. A $25 rate is a conservative estimate. |