How much is inefficiency costing your business?

Use Soldo’s Productivity Calculator to uncover the hidden cost of inefficiency and see how much time your finance team could reclaim.

Calculate your productivity
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Increasing productivity at work

Finance teams spend hundreds of hours yearly on manual reconciliations, outdated systems, and slow processes. These inefficiencies make it harder to compete and act on opportunities.

Booster or bottleneck?

71% of finance teams say financial processes prevent them from helping employees pursue new business opportunities. Find out how much inefficient workflows and outdated systems are costing your business.

Calculate your productivity

Brooks Running

Soldo helped Brooks move away from an outdated, paper-based system that lacked control and forced employees to make out-of-pocket payments. Learn how Soldo helped Brooks Running spend smarter.

Read the case study

Productivity Calculator

This tool calculates the time spent on spend management and how many hours you could save with Soldo. It also estimates the financial cost (€) of inefficiency and your potential productivity gain in a year.

Annual Hours on Spend ManagementAnnual Hours with SoldoInefficiency Cost (Yearly)Productivity Gain
Finance Manager: Claims Management & Reporting––––
Employees: Expense Management––––
Operations: Managing Cash––––
Yearly Productivity Totals
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Soldo’s Productivity Calculator uses insights from the Total Economic Impact (TEI) of Soldo by Forrester, commissioned by Soldo 2023, combined with external wage data. It factors in time spent on finance tasks before and after Soldo, using assumptions such as 24 expense claims per employee per year, 1.5 hours per claim, and 8 hours per month spent on budget reviews. Wage data is sourced from the Office for National Statistics (ONS) for employees and Glassdoor for finance professionals. By blending this data, we estimate the efficiency gains and cost savings businesses can achieve with Soldo.

Understanding productivity and why it’s important

How can finance leaders drive productivity when rising inflation, interest rates, and shifting labour markets force them to operate in a competitive environment?  Manual processes, limited visibility and restrictive controls create barriers that drain resources and limit growth.

How can you increase your finance team’s productivity as their hours become more valuable?

Productivity at Work report

How does inefficiency affect your business?

Calculate your productivity

What’s the total financial and business impact of Soldo?

Read Forrester’s study

Improving productivity begins with better spend management

Finance teams are expected to do more with less. Yet many businesses still rely on slow, outdated processes that waste time and increase costs. Without real-time visibility and automation, businesses risk slow decision-making, poor cost control and cumbersome admin.

With Soldo, you can improve efficiency and increase flexibility – even in challenging economic conditions.

Want an introduction to spend management?

Download our guide

Want to calculate Soldo’s ROI for your business?

Calculate Soldo's Value

Want to learn more about
Soldo’s impact?

Read Forrester's Study

How Soldo helps businesses adapt

Soldo’s smart spend management tools are designed to help businesses like yours take control of their finances,
reduce administrative burdens, and make every pound count.

Here’s how we can support you:

  • Track spending in real-time: Gain instant visibility into where your money is going, so you can identify savings opportunities and eliminate waste. 358% ROI when used over 3 years
  • Simplify compliance: Automatically categorise expenses and generate reports that make staying compliant with NIC and tax regulations easier than ever. 50% time saving for employees on expense claims
  • Boost team productivity: Free up your finance team’s time by automating processes like expense tracking and budgeting, so they can focus on strategic growth. 80% time saving for finance managers on reports*

With Soldo, you’ll be equipped with the tools and insights to adapt to economic challenges and safeguard your business’s financial health. Let’s tackle this together.

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Join businesses across the UK who are already navigating change with Soldo.

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The website in all languages and for all markets is provided by Soldo Software Ltd., a company incorporated in the UK with company number 09233754 and VAT: GB204213566, whose registered office is 119 Marylebone Road, London, NW15PU, United Kingdom. All communications related to the website shall be sent to the registered office.

The software services provided to customers resident in or with registered office in an EEA country or in the UK are provided by Soldo Software Ltd a company incorporated in the UK with company number 09233754 and VAT: GB204213566, whose registered office is 119 Marylebone Road, London, NW15PU, United Kingdom. Soldo Software Ltd (data protection number: ZA 092035) complies with all applicable data protection and privacy legislation in force from time to time in the UK and the EU including the General Data Protection Regulation ((EU) 2016/679) and the Data Protection Act 2018. All the communications related to the software and related services shall be sent to the registered office. Soldo Software Ltd., 119 Marylebone Road, London, NW15PU, United Kingdom.

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The financial services provided to customers resident in or with registered office in an EEA country are provided by Soldo Financial Services Ireland DAC, a company incorporated in Ireland with company number 610705, and registered office at 33 Sir John Rogerson’s Quay, Dublin 2, Ireland.  Soldo Financial Services Ireland DAC is regulated by the Central Bank of Ireland. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The card is issued by Soldo Financial Services Ireland DAC pursuant to a licence issued by Mastercard International Inc. Soldo Financial Services Ireland DAC complies with all applicable data protection and privacy legislation in force from time to time in Ireland, including the EU General Data Protection Regulation (EU 2016/679) and the Data Protection Acts 1988 - 2018. All communications related to financial services provided by Soldo Financial Services Ireland DAC shall be sent to Soldo Financial Services Ireland DAC, 33 Sir John Rogerson’s Quay, Dublin 2, Ireland.

The financial services provided to customers resident in or with registered office in the UK are provided by Soldo Financial Services Ltd., a company incorporated in the UK with company number 09495650, whose registered office is 119 Marylebone Road, London, NW15PU, United Kingdom, authorised as an Electronic Money Institution by the Financial Conduct Authority (firm registration number 900459). Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The card is issued by Soldo Financial Services Ltd pursuant to a licence issued by Mastercard International Inc. Soldo Financial Services Ltd. (data protection number: ZA147304) complies with all applicable data protection and privacy legislation in force from time to time in the UK and the EU including the General Data Protection Regulation ((EU) 2016/679) and the Data Protection Act 2018. All communications related to financial services provided by Soldo Financial Services Ltd shall be sent to Soldo Financial Services Ltd., 119 Marylebone Road, London, NW15PU, United Kingdom.