How does the savings calculator estimate cost savings?

It asks for inputs like how many checks you take per month, hours spent chasing payments, hourly rate for payment collection, whether you absorb ACH fees, and the percentage of transactions using ACH. It then provides a breakdown of check processing savings, labor cost savings, and ACH fees.

What is the average cost to process a paper check?

Average Check Processing Cost: $12.00 (Average cost of dealing with a paper check based on industry studies).

Will the calculator show savings if my organization absorbs ACH fees?

Yes. Selecting 'Absorb ACH Fees' will show your savings even when absorbing all the ACH fees, giving your customers a totally free way to pay.

What happens during a Digital Payments Assessment?

In just 15 minutes, an ePayPolicy specialist will confirm your potential savings, customize a plan to eliminate inefficiencies in your workflow, and show you how to turn those expenses into bottom-line revenue. You’ll also receive an Apple product or a $250 gift card of your choice.

Digital Payments Calculator for Insurance

The Digital Payments Calculator by ePayPolicy helps insurance organizations estimate their monthly and annual savings by quantifying costs lost to labor, check processing, postage, and bank fees, allowing users to input variables like number of checks processed, hours spent on payment collection, hourly labor rates, and ACH fee absorption to reveal potential ROI and encourages booking a free 15-minute personalized assessment with a payments specialist to validate and optimize these savings.

2-Minute Digital Payments Savings Calculator

See exactly how much cash is leaking from your payment flows–and how to turn it into measurable ROI.

How Much Are Payment Fees Really Costing Your Organization?

Eliminate the unnecessary dollars you’re currently losing annually on labor, check printing, postage, bank fees, and hidden transaction costs. Digital payments turn these expenses into pure savings on your bottom line.

ePayPolicy Savings Calculator

Calculate your potential savings

How many checks does your business take per month?
How many hours per month do you spend chasing payments?
What is the hourly rate for payment collection?
Absorb ACH Fees? (This will show you your savings even when absorbing all the ACH fees, giving your customers a totally free way to pay.)
Percentage of transactions using ACH: 50% (0% ACH (All Credit Card) to 100% ACH)

Your Potential Savings

Monthly Savings: $0.00
Annual Savings: $0.00

Calculation Breakdown

Check Processing Savings: $0.00
Labor Cost Savings: $0.00
ACH Fees (if absorbed): $0.00
Average Check Processing Cost: $12.00 (Average cost of dealing with a paper check based on industry studies)

Book a Personalized Assessment

Want to go deeper?

Talk to a Payments Specialist

This calculator is a great estimate that shows you how much your organization could be losing annually to hidden fees, labor costs, and check processing overhead—now it’s time to validate and maximize that ROI.

Your next step is to secure a free, no-obligation Digital Payments Assessment.

In just 15 minutes, an ePayPolicy specialist will confirm your potential savings, customize a plan to eliminate the inefficiencies specific to your workflow, and show you how to turn those expenses into pure bottom-line revenue.

This brief meeting is the shortest path to optimizing your payment process, and as a thank-you for investing a quarter-hour in your financial future, you will receive an Apple product or a $250 gift card of your choice. Book your assessment now to stop the leakage and claim your reward.

Book Payments Assessment