Delivering ROI with SMS payment reminders

Text Messaging Return on Investment Calculator

This simple calculator makes it easy to see how much your business can potentially save by switching to SMS. Enter your known costs and variables, or test alternative scenarios quickly and easily.

How many customer accounts are you carrying?
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%
Average # days into 30-day cycle that a current customer pays monthly bill
Average # days into 30-day cycle that a late customer pays monthly bill
$
Estimated annual SMS spend based on industry norms
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Estimated call center cost savings based on industry norms
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Estimated financing savings from increasing % current customers
$
(NOT including inbound calls, third party collections, and bad debt write-offs!)
This is your total estimated savings per year from reduced call center costs and reduced days sales outstanding. NOte that this savings does NOT include additional savings from reduced inbound calls, reduced third party collection costs, and reduced bad debt write-offs!
%
This is the return on investment you'd realize from adopting SMS for payment reminders. In other words, you'd save ..... for every $1 you spent on SMS. Again, this estimate does NOT include additional savings from reduced inbound calls, reduced third party colleciton costs, and reduced bad debt write-offs!

To learn more about SMS for payment reminders, contact MessageMedia or your RSA representative.