R.O.I. Calculators

Return on Investment

ROI Calculators

  • Background Screening
    How much do you spend on screening drivers per hire?

    ROI: $1,087.11
    Total Annual Savings*


    D.A.D Services
    Total number of drivers in your fleet
    Turnover %
    Number of drivers screened per hire
    Cost/month
    Company Costings
    Staffing hourly rate
    Benefit/burden cost %
    Total number of drivers in your fleet
    Turnover %
    Number of drivers screened per hire
    Cost/month
    Faxing and Courier
    Time to fax and retrieve documents (minutes)
    Staffing cost/minute
    Daily courier usage
    Cost of courier usage
    Work days/month
    Faxing and courier costs/month

    TOTAL ANNUAL SAVINGS $1,087.11

    *Based on averages/month
  • TruckRight Packages
    Recruiting ROI Comparison

    Number of Trucks


    TruckRight Enterprise $6.50

    - TruckRight Pro $3.90

    Truck Revenue/Mile
    Maintenance/mile
    Driver wage/mile
    Benefits/burden cost %
    Truck fuel usage mpg.
    Fuel cost/mile
    Profit/mile
    Profit Loss from One Parked Truck
    Average miles/day
    Day cost of truck parked
    Profit Loss from All Parked Trucks
    Number of trucks parked/day
    Total cost of parked trucks/day
    Average parked truck savings (in days) from using TruckRight

    TRUCKRIGHT ENTERPRISE MONTHLY SAVINGS
    $1,087.11

    TRUCKRIGHT PRO MONTHLY SAVINGS
    $1,087.11

    *Based on averages/month
  • Paper-based Filing
    How much do you spend on paper-based filing?

    Number of Trucks


    Staffing
    Benefit/burden cost %
    Staffing cost/hour
    Minutes/hour
    Staffing cost/minute
    Retrieving
    Number of files reviewed/day
    Time to review each file (minutes)
    Average work days/month
    Staffing cost/minute
    Cost to review employee files
    Handling
    Preparing and filing time/document (minutes)
    Number of documents/file
    Staffing cost/minute
    Staffing cost/month
    Misfiled
    Time spent finding a file that has been misfiled
    Staffing cost/minute
    Retrieving misfiled files
    Storage
    Floor space in sq/ft needed for one filing cabinet
    Building occupancy price/square foot
    File storage costs
    Offsite storage cost
    Storage cost
    Faxing and Courier
    Time to fax and retrieve documents (minutes)
    Staffing cost/minute
    Daily courier usage
    Cost of courier usage
    Work days/month
    Faxing and courier costs/month

    PAPER-BASED FILING IS VERY COSTLY $1,087.11

    *Based on averages/month
  • Compliance
    How much do you spend on non-compliance?

    Litigation Calculator


    HOW MUCH ARE YOU WILLING TO RISK?

    The true cost of an accident can be staggering. Besides direct costs, indirect costs like poor publicity, lost clients and lost productivity can take a toll. The average cost for a truck accident is $148,279, not including litigation. It would take an additional revenue of $7,413,950 to pay the accident costs, assuming an average profit margin of 2%. A study of over one million lines of data on truck violations discovered that over 28,000 trucking companies, representing over 200,000 trucks, operated with safety violations. The Federal Motor Carrier Safety Association’s (FMSCA) settlement for non-compliance was $36,262,097 in 2014 with an average fine of over $7,000 per case.

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Associations

TruckRight Packages
Recruiting ROI Comparison

Number of Trucks


TruckRight Enterprise $6.50

- TruckRight Pro $3.90

Truck Revenue/Mile
Maintenance/mile
Driver wage/mile
Benefits/burden cost %
Truck fuel usage mpg.
Fuel cost/mile
Profit/mile
Profit Loss from One Parked Truck
Average miles/day
Day cost of truck parked
Profit Loss from All Parked Trucks
Number of trucks parked/day
Total cost of parked trucks/day
Average parked truck savings (in days) from using TruckRight

TRUCKRIGHT ENTERPRISE MONTHLY SAVINGS
$1,087.11

TRUCKRIGHT PRO MONTHLY SAVINGS
$1,087.11

*Based on averages/month

Paper-based Filing
How much do you spend on paper-based filing?

Number of Trucks


Staffing
Benefit/burden cost %
Staffing cost/hour
Minutes/hour
Staffing cost/minute
Retrieving
Number of files reviewed/day
Time to review each file (minutes)
Average work days/month
Staffing cost/minute
Cost to review employee files
Handling
Preparing and filing time/document (minutes)
Number of documents/file
Staffing cost/minute
Staffing cost/month
Misfiled
Time spent finding a file that has been misfiled
Staffing cost/minute
Retrieving misfiled files
Storage
Floor space in sq/ft needed for one filing cabinet
Building occupancy price/square foot
File storage costs
Offsite storage cost
Storage cost
Faxing and Courier
Time to fax and retrieve documents (minutes)
Staffing cost/minute
Daily courier usage
Cost of courier usage
Work days/month
Faxing and courier costs/month

PAPER-BASED FILING IS VERY COSTLY $1,087.11

*Based on averages/month

Screening ROI
How much do you spend on screening drivers per hire?

ROI: $1,087.11
Total Annual Savings*


D.A.D Services
Total number of drivers in your fleet
Turnover %
Number of drivers screened per hire
Cost/month
Company Costings
Staffing hourly rate
Benefit/burden cost %
Total number of drivers in your fleet
Turnover %
Number of drivers screened per hire
Cost/month
Faxing and Courier
Time to fax and retrieve documents (minutes)
Staffing cost/minute
Daily courier usage
Cost of courier usage
Work days/month
Faxing and courier costs/month

TOTAL ANNUAL SAVINGS $1,087.11

*Based on averages/month

Compliance
How much do you spend on non-compliance?

Litigation Calculator


HOW MUCH ARE YOU WILLING TO RISK?

The true cost of an accident can be staggering. Besides direct costs, indirect costs like poor publicity, lost clients and lost productivity can take a toll. The average cost for a truck accident is $148,279, not including litigation. It would take an additional revenue of $7,413,950 to pay the accident costs, assuming an average profit margin of 2%. A study of over one million lines of data on truck violations discovered that over 28,000 trucking companies, representing over 200,000 trucks, operated with safety violations. The Federal Motor Carrier Safety Association’s (FMSCA) settlement for non-compliance was $36,262,097 in 2014 with an average fine of over $7,000 per case.