Estimate how much your business can save through improved productivity, reduced waste, and lower overheads using this free 3-year savings calculator.
This Cost Savings Calculator is provided as a free estimation tool to help businesses understand the potential financial impact of their improvement projects. The calculations and results provided are for informational purposes only and should not be considered as financial advice.
The estimates generated by this calculator are based on the information you provide and general assumptions. Actual results may vary significantly based on your specific business circumstances, implementation details, market conditions, and other factors outside the scope of this calculator.
This calculator may be useful for Enterprise Development Grant (EDG) applications, but it is not affiliated with, endorsed by, or connected to any government agency or grant administrator. The results should not be considered as a guarantee of grant approval or actual cost savings. We recommend consulting with qualified professionals before making any business or financial decisions based on these estimates.
By using this calculator, you acknowledge that the provider of this tool shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with your use of this calculator or the information it provides.
Enter the total number of hours saved per week across all employees.
Enter the average hourly wage of employees affected by this project.
Enter the number of employees who will experience time savings.
Enter the monthly reduction in material or waste costs.
Overheads may refer to rent, utilities, administrative salaries, etc. Estimate it based on: "Estimated % of overheads reduction" × "Annual overhead cost in latest Financial Year".