remQ Savings Calculator

See the Impact of Control Automation on Compliance and Audit Costs across your Entities and Controls.

Use the Calculator to quantify your Automation Savings.

Current State

Currency

Entities(company codes in scope)

Controls per entity

Total Controls: 0

Internal staff(hourly rate)

External auditor(hourly rate)

Control Performance

Hours per control per year

Savings through automation in %

Hours per control per yearafter automation

Cost baseline-

Cost after automation-

Saving through automation-

Testing

Internal Audit

Testing hours per control

Coverage in %

Baseline cost: -

External Audit

Testing hours per control

Coverage in %

Baseline cost: -

Total Testing Fee: -

Saving through automation in %

Internal saving(testing) -

External saving(testing) -

Other Benefits

Duplicate Invoice Control – savings

Current value: -

Payment Terms Control – savings

Current value: -

Apply in Year 2 & 3 as well

Total Savings(financial‑leakage controls) -

Annual Savings

Frequently Asked Questions