Summary
This document is a Total Economic Impact™ study commissioned by Soldo and conducted by Forrester Consulting. The study aims to evaluate the potential return on investment (ROI) that enterprises may achieve by implementing Soldo's expense management solution. It outlines the challenges faced by organizations prior to adopting Soldo, including inefficient expense management processes and lack of oversight. The study details the benefits experienced by a composite organization after deploying Soldo, such as significant time savings for finance and accounting managers, improved employee efficiency, and enhanced control over company spending. Quantified benefits over three years include savings of nearly €98,600 for claims management, over €73,400 for employee expense management, and additional savings for operational cash management. The study also discusses unquantified benefits like improved visibility into spending and enhanced compliance with spending policies. The overall financial analysis indicates a net present value (NPV) of €137,000 and an ROI of 358%.
