1. Enter upfront investment
Include the acquisition and implementation costs you want the savings to recover.
2. Enter gross monthly savings
Use expected labor, throughput, error, or other operating savings measured on a consistent monthly basis.
3. Enter recurring monthly costs
Include ongoing software, service, charging, maintenance, or support costs attributable to the fleet.
4. Review net savings
The calculator subtracts recurring costs from gross savings before measuring payback.
5. Use payback as a screening metric
Compare the result with internal investment hurdles, then use a cash-flow model if timing and financing matter.