Close efficiency

Accounting Software ROI Calculator

Estimate accounting software ROI from faster close work, reduced manual reconciliation effort, and fewer review bottlenecks.

Live calculator

Adjust the assumptions

Accounting team members

How many people are involved in month-end close work regularly.

Hours saved per person per closehrs

Average time saved each cycle from cleaner workflows and less manual coordination.

Review hours saved per closehrs

Time removed from controller or manager review work each cycle.

Close cycles per year

Usually 12 monthly closes.

Blended hourly cost$

Average hourly cost across accounting and controllership staff.

Annual software cost$

Expected annual spend for the accounting platform.

Implementation cost$

Migration, integration, and setup cost in year one.

Example scenario

A nine-person accounting team wants to tighten close execution and reduce time spent chasing reconciliations and review approvals.

Accounting platforms often replace familiar workflows, so buyers need a clearer case than generic claims about visibility or modernization.

This calculator ties the decision to close labor saved, reduced review delays, and more repeatable reconciliation work.

It is most useful when close status, reconciliations, and supporting reviews still depend on spreadsheets and ad hoc follow-up.

Use this when comparing accounting systems or workflow tools and you want a clean labor-based case before platform selection hardens.

The model works best as a first-pass estimate for teams that know roughly how much close and reconciliation effort they can remove.

Annual close labor savings = accounting team members × hours saved per close × closes per year × hourly cost
Annual review savings = reviewer hours saved per close × closes per year × hourly cost
Total annual savings = close labor savings + review savings
ROI = (total annual savings - first-year investment) ÷ first-year investment

Should avoided audit support effort be counted here?+

You can add it as an upside case, but most teams keep the base model focused on close and reconciliation savings for a cleaner comparison.

Does this calculator fit accounting suites and point tools?+

Yes. The logic works for both, as long as the time-saved assumptions reflect the workflow the tool is actually changing.

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