| Digital Dictation Cost Saving Calculator |
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| Number of Authors |
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| Number of Secretaries |
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| Secretarial Costs per annum |
| Average annual salary |
£ |
| National insurance costs @ 12.8% |
£2,304.00 |
| Associated costs as % of salary* |
£1,800.00 |
| |
| Total Annual Cost Per Secretary |
£22,104.00 |
| Current fee earner to secretary ratio |
3.67 : 1 |
| Average % of day secretaries spend transcribing |
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| 15% cost saving |
| Possible ratio with DD productivity increase (15%)** |
3.94 : 1 |
| Total possible annual cost saving |
£36,471.60 |
| Return on investment for a typical nFlow DD system |
123 days |
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| |
| 30% cost saving |
| Possible ratio with DD productivity increase (30%)** |
4.22 : 1 |
| Total possible annual cost saving |
£72,943.20 |
| Return on investment for a typical nFlow DD system |
62 days |
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| Notes |
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| * This includes costs such as insurance, rates, heating, lighting, staff welfare facilities, etc. |
| ** In a study carried out by Philips Speech Processing respondents reported efficiency gains of between 15% and 30%. |
| This cost reduction calculator is for illustration purposes only. nFlow does not warrant the results but would be very pleased to advise customers on cost savings specific to them. It also does not take in to account any overtime or temporary staff as it is assummed these costs would be removed as a matter of course |