How Much Could You Save?

Benchmark based on a real Australian business case | Enter your own numbers to see your potential savings

Enter your numbers in the right column — your total potential savings calculate automatically as you type.

Sydney WholesalerSubmitted 02-09-2025
Try your numbers →
Hours/week chasing payments
5
Hourly rate for the person doing this
$70
$
Annual spend — chasing payments
$18,200
Hours/week on payment processing
5
Hourly rate for the person doing this
$70
$
Annual spend — payment processing
$18,200
Hours/week reconciling accounts receivable
5
Hourly rate for the person doing this
$70
$
Annual spend — reconciliations
$18,200
Hours/week recording accounts payable invoices
10
Hourly rate for the person doing this
$40
$
Annual spend — recording invoices
$20,800
Average outstanding working capital loan / overdraft
$100,000
$
Interest rate
7%
%
Annual spend — working capital loans
$7,000
Average monthly invoice financing volume
$1,000,000
$
Discount rate
5%
%
Annual spend — invoice financing
$600,000
Total annual accounts receivable (B2B only)
$18,000,000
$
Total annual accounts payable
$9,000,000
$
Labour cost savings × 99.1%
$74,721
Financing cost savings × 100%
$607,000
Freed-up working capital
$9,000,000
Value of freed-up working capital (5% opportunity cost)
$450,000
Total potential savings / year
$1,131,721
your estimate

The cash flow problem disappears to the extent that invoices are cleared.

Banks have known this for 200 years. Now every Australian business can access the same mechanism.

A real result

— from a Sydney-based wholesaler

A Real Australian SME
Labour cost savings: $74,721 / year
Reconciliations  |  Payment processing  |  Chasing payments  |  Recording bills
Financing cost savings: $607,000 / year
Working capital loans  |  Invoice financing
Freed-up working capital: $9,000,000
The amount the business didn't have to pay
Value of freed-up working capital: $450,000 / year
5% opportunity cost on capital
Total potential saving (1+2+3): $1,131,721 / year

A level playing field

Banks have used this for 200 years, earning steady 30-35% profit margins.
Now every business can.

What Banks Have Been Getting
What Your Business Can Get
One net payment
One net payment — daily
Banks: Clearing with the banking network every day
One net payment — weekly
Your business: Clearing with the SME network every week
No reconciliation
No reconciliation
Banks: No incoming cash transfers to reconcile
No reconciliation
Your business: No incoming cash transfers to match against invoices
No manual entry
No manual entry of transfers
Banks: All transfers recorded electronically
No manual entry or scanning of bills
Your business: Bills available electronically on platform
No chasing payments
No chasing payments
Banks: Transfer obligations are cleared
No chasing payments
Your business: Invoices are cleared
Reduced counterparty risk
Reduced counterparty risk
Banks: Less risk of non-payment
Reduced counterparty risk
Your business: Less risk of non-payment
Lower costs
Lower costs
Banks: Less time and money spent on chasing and admin
Lower costs
Your business: Less time and money spent on chasing and admin
Reduced funding needs
Reduced funding needs
Banks: Less need to fund $300bn daily
Reduced funding needs
Your business: Less need for loans and invoice finance
Freed up working capital
Freed up working capital
Banks: Trillions of dollars freed up
Freed up working capital
Your business: As much as your accounts payable
More reliable forecasts
More reliable forecasts
Banks: No need for $300bn tomorrow either
More reliable forecasts
Your business: Less cash needs to flow

The cash flow problem disappears to the extent that invoices are cleared.

Get back to the fun stuff — doing business you love.

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We work with your existing tools

Clearitt connects directly with leading accounting platforms. Can’t see yours? Every business can import and export invoices via spreadsheet — so if your platform can export a CSV, Clearitt can work with it using our AI reader. Current integrations available on request. We prioritise based on demand — let us know what you use.