Auction Software ROI Calculator

Model annual savings, operating efficiency, payback and 3-year benefit before you commit to a new auction platform.

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Bidvantic tool workspace

01Annual procurement savings from improved competition

02Process savings from governed automation

03ROI, payback months and 3-year commercial impact

Why this matters

A practical tool for better auction software decisions

Use this calculator to turn auction platform evaluation into a business case your procurement, finance and leadership teams can review.

The model separates price impact from process impact, so the result is not reduced to a single optimistic savings assumption.

Inputs

Build the annual business case

Currency fields are shown in USD. Use one currency consistently if your internal business case is in another currency.

Annual auction valueUSDApproximate yearly spend or asset value managed through auctions.Number of auctions per yearEventsHow many auction events your team expects to run annually.Current savings already achieved%Your current average savings from existing sourcing or sale processes.Additional savings expected with Bidvantic%Extra savings or value uplift you believe better auction control can unlock.Manual staff time per auctionHoursTime currently spent on setup, follow-up, coordination and reporting.Average staff costUSD/hourApproximate fully loaded cost for the team members involved.Current annual tool costUSDWhat you pay today for auction tools or manual process support.Expected Bidvantic annual costUSDEstimated yearly platform investment for comparison.

Free summary result

Estimated annual impact

Procurement savings$125,000

Process savings$15,120

Total annual benefit$110,120

ROI169.4%

Payback7.1 months

3-year benefit$330,360

Download the full PDF report with assumptions and input details.