THE TOTAL ECONOMIC IMPACT™ OF GETT GROUND TRANSPORTATION MANAGEMENT PLATFORM 10 ANALYSIS OF BENEFITS TOTAL TIME SAVINGS ON EXPENSE CLAIMS SUBMISSIONS Evidence and data. One of the pain points the interviewee highlighted was the amount of time employees were spending on submitting expense claims. Before the Gett investment , employees would have to manually submi t an expense claim for each ride . This includ ed tasks like taking time to document receipts and filling in details and justification of their trips. This was cumbersome, time - consuming , and took time away from employees doing their actual work. Gett enabl ed the organization to integrate its ground transportation management platform with the existing expense management software to reduce the burden on employees. Modeling and assumptions. For this financial model, Forrester assumes i t would have taken employees 5 minutes to submit each expense claim. Risks. A factor that could impact the realization of this benefit is e xisting practices on expense management. Results. To account for these variances, Forrester adjusted this benefit downward by 10%, yielding a three - year, risk - adjusted total PV of over $12, 000. Total Time Savings On Expense Claims Submissions Ref. Metric Source Year 1 Year 2 Year 3 D1 Number of ground travel expense claims submitted per year A1 2,000 2,200 2,420 D2 Minutes spent on submitting a claim Assumption 5 5 5 D3 Total hours spent by employees on submitting ground travel expense claims C1*C2/60 167 183 202 D4 Average hourly salary per employee TEI standard $30.00 $30.00 $30.00 Dt Total time savings on expense claims submissions D3*D4 $5,000 $5,500 $6,050 Risk adjustment ↓10% Dtr Total time savings on expense claims submissions (risk - adjusted) $4,500 $4,950 $5,445 Three - year total: $14,895 Three - year present value: $12,273
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