Hours Lost Purchasing - Calculator
Estimate time lost to chasing invoices, reconciling data, confirming budgets, etc.
Estimated days lost / week
—
— per year
Estimated admin cost / year
Add hourly rate
— per month
Formula & assumptions
Base: Monthly hours =
(People × Purchases × Minutes) / 60Weekly hours ≈
Monthly hours / 4.33Days lost / week ≈
Weekly hours / 8 (assumes 8-hour workday)Admin cost / year =
Monthly hours × Hourly Rate × 12