Ebix Tracking Solutions Calculator
To compare the cost of outsourcing you Certificates of Insurance tracking against the overall cost of utilizing an in-house tracking system, please fill in the spaces below. Many fields can be adjusted to fit your specific needs. |
Number of Insured
Please enter the volume of insureds, rounded to the nearest 1,000, which you need tracked annually (Minimum of 1,000). |
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Number of Employees
For the purposes of calculation: 1,000 insureds per full time employee. |
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Cost of Payroll
For the purposes of calculation: pay rate is calculated at $40,000/year per employee. |
Adjust to reflect current costs |
Equipment Cost
For the purposes of calculation: equipment costs calculated at $19,000/year per employee. |
Adjust to reflect current costs |
Confidence Index
How confident are you that your current system has completely eliminated your liability?
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Cost of Incident
For the purposes of calculation: cost of incident calculated at $200,000/year.
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Adjust to reflect current costs |
| Cost of In-House |
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| Cost of Outsourcing |
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| Savings |
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* Please note: these figures are based on assumed and estimated factors (including outsourcing cost estimates). For a personalized estimate of costs and cost comparisons based on your specific needs, please click the button below.
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