Calculate Your ROI
By managing leave in-house with AbsenceSoft, you can save anywhere from 2x-15x your current spending.
Your First Year ROI is 0x
Estimated Annual Savings
- Employer & supervisor time saved:
- Leave administrator time saved:
- Reduced replacement workers:
- Increased productivity:
Total Annual Savings:
In addition, avoiding just one lawsuit with more compliant leave management can easily be worth more than $400,000.
Frequently Asked Questions
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Based on actual results from AbsenceSoft customers, the return on investment for leave and accommodations management software is 2x-15x your expenditure. Leave management software allows you to streamline and automate tasks typically done manually by you and your team. This leads to a significant amount of time savings, making your team highly efficient and able to handle more leaves per person. In addition, leave software like AbsenceSoft is automatically updated with the latest state and federal laws and facilitates a consistent, compliant process for every case. This keeps you from having to pay any fines or fees associated with lawsuits and audits – which can be up to $100,000 or more. Finally, software that enables a seamless return to work process will keep your employees and people managers more productive and efficient, leading to less wasted time and improved retention rates.
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An ROI calculation is an important part of an overall business case that can be created and brought to your manager or leadership team. It ensures that the full value of the solution is clearly communicated. AbsenceSoft has dedicated CLMS certified team members that can assist you in building the business case as well, feel free to reach out to speak with one. You can also learn more about building a business case in our Leave Management Software Buyer’s Guide.
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Yes, there are other considerations beyond ROI when evaluating a leave management platform. It is also important to assess the solution’s overall alignment with your organization’s specific needs and goals. Some additional factors include compliance, scalability, integration capabilities, data security, reporting and analytics, and the ability to configure and customize the solution to your unique workforce. Our Leave Management Software Buyer’s Guide goes into much more detail, and you can download it for free.