Profit-Ready™ by CFOSg

Time is Money Calculator

See whether delegating, automating or stopping low-value work could free up time for work that creates more value.

Enter your monthly figures

Use realistic figures for one task or group of similar tasks.

Estimated monthly net benefit
$0
Enter your figures to see whether delegating or automating may be worthwhile.
Potential value created $0
Outsourcing or automation cost $0
Hours still spent on the task 0
Break-even value per freed-up hour $0
What to do next
Review whether to keep, automate, delegate or stop the task.

This calculator estimates potential time value, not guaranteed cash income. The freed-up time must be used on sales, client delivery, planning or better decisions for the benefit to be realised.

The calculator uses these formulas:

  • Potential value created
    = hours released × value created per freed-up hour
  • Estimated monthly net benefit
    = potential value created − outsourcing or automation cost
  • Hours still spent on the task
    = current hours − hours released
  • Break-even value per freed-up hour
    = outsourcing or automation cost ÷ hours released

Example:

  • Current task hours: 20
  • Hours released: 15
  • Outsourcing cost: $600
  • Value per freed-up hour: $150

Results:

  • Potential value created = 15 × $150 = $2,250
  • Net benefit = $2,250 − $600 = $1,650
  • Hours still spent = 20 − 15 = 5 hours
  • Break-even value per hour = $600 ÷ 15 = $40

So the calculator is saying:

  • you only need each freed-up hour to create more than $40 of value
  • based on your estimate of $150 per hour, the change may be worthwhile
 
 
 
Profit-Ready™ by CFOSg

Time is Money Calculator

See what low-value work is costing you and whether delegating, automating or stopping it could free up more valuable owner time.

Enter your time and cost figures

Use realistic monthly figures. This is about where your time creates the most value, not simply cutting work.

Estimated monthly net benefit
$0
Enter your figures to see whether delegating or automating may be worthwhile.
Owner hourly value $0
Monthly value of low-value time $0
Potential value of released time $0
Outsourcing or automation cost $0
Hours still spent on low-value work 0
Break-even value per released hour $0
What to do next
Review whether to keep, automate, delegate or stop the task.

This calculator estimates time value, not guaranteed cash income. The released time must be used on work that improves sales, client delivery, planning or decision-making for the potential benefit to be realised.