calculate return on investment roi from hr software

Calculate Your Potential Return on Investment

Work out how you could already be saving time and money with this ROI calculator.

Follow these steps:

  1. Enter your total company headcount
  2. Select and configure the tabs for each type of People Management process
  3. Watch the value accrued in the ‘Running Totals and Potential Savings’ section*
  4. See how your particular HRLocker price plan illustrates how many X ROI the system gives you! **

You can trial the system by clicking on the green button at the top of the page! Please feel free to ask us any questions via the support chat on the bottom right of the page.

*Bear in mind HRLocker Core packages do not include CPD and TOIL – so you’ll need to ‘zero’ these in ‘Configure Key Process Costs’ to get accurate ROI muliples

**The Premium and Premium + plans also include the HIRELocker Applicant Tracking System (ATS), which delivers added value for your recruitment needs – so the actual  multiples are much higher

Lastly, consider how your employees will also free up time when requesting holidays or submitting timesheets etc. so you’ll gain further time in the organisation to achieve your wider team goals in addition to these administrative-only savings.


Select Total Number of Employees

Core Pro Premium Premium +
Employees Required:

299 399 599 699

Configure Key Process Costs

Process Manually HRLocker
Time taken to Process Employee Time-Off request (mins) 1
Number of Employee requests per year. Employees (E.g., 15 x 4)
Administrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker saving per year. €
Process Manually HRLocker
Time Taken to Add New Employee Personnel Records (mins) 5
Number of record uploads/yr./employee
Number of onboardings/yr.
Adminstrator hourly cost 5
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker saving per year €
Process Manually HRLocker
Number of employee sheets/week (15)
Time taken to collect, check & file each employee timesheet/week (mins) 0.5
Administrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/week €
HRLocker Saving/yr. €
Process Manually HRLocker
Number of employee docs/yr. to distribute & collect signed/yr.
Number of employees (15) per distribution round
Time taken to collect, check & file each document (mins) 0.5
Adminstrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/yr. €
Process Manually HRLocker
No. of Employees (15)
Number of Average no. of employee certs/yr.
Time taken to check, chase & file certs per employee (mins) 0.5
Adminstrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/yr. €
Process Manually HRLocker
Time taken to check days used & calculate Time Off in Lieu (mins) 1
Number of Employee (15) requests/yr. 1
Adminstrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/yr. €

Return On Investment

Core Pro Premium Premium +
Total Savings / HRLocker Package x x x** x**

**The Premium and Premium + plans also include the HIRELocker Applicant Tracking System (ATS), which delivers added value for your recruitment needs.

Return On Investment Calculator – Make Savings Now was last modified: August 2nd, 2017 by joe mcknight

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