Return On Investment
ROI Calculator
How do you know if you should invest money on the DPP portal in your dental practice?
For most business people, the task of calculating and analysing return on investment (ROI) is a straightforward but necessary way of business life. Whether the investment is being made in equipment, a new surgery room or people, the need to understand whether an investment has been worthwhile is one of the first rules of business. Well the good news is that with DPP you don’t have to rely on your gut instincts for these important decisions.
Using the ROI Calculator within the DPP portal, your staff simply have to enter the number of practices you own in the top column, followed by the number of dentists, hygienists and other staff members you employ and the calculator works out all the relevant information for you, showing you how much you will save and benefit by when you integrate this portal into your practice.
DPP Price :
£5.69
Hourly Rate
If a manager salary is £31,000 so hourly rate will be £14.90, it can be vary practice to practice.
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Monthly Cost
Monthly cost for 12 months.
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|---|---|---|---|---|---|
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Manully
Calculate on paper.
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DPP | ||||
| Users | Time per user
Spending time in hours.
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Amount | Time per user | Amount | |
| Financial | 3 | 1 Hr | £44.71 | 30 Min | £22.36 |
| HR | 9 | 30 Min | £67.07 | 10 Min | £13.14 |
| Total | £111.78 | -- | £35.77 | ||
| Yearly Cost | |||||
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Manully
Calculate on paper.
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DPP | ||||
|---|---|---|---|---|---|
| Qty | Time per user
Spending time in hours.
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Amount | Time per user | Amount | |
Financial Report
End of year income breakdown (Cash, Card and Cheque payment) of practice for each Dentists & Hygienists.
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1 | 40 Hrs | £596.15 | 30 Min | £7.45 |
HR Audit
Check all staff information and documents.
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9 | 1 Hr | £134.13 | 10 Min | £13.41 | Complainces Audit
Check practice’s all compliances documents.
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1 | 24 Hrs | £357.69 | 6 Hrs | £89.42 |
| Total | £1,087.98 | -- | £110.29 | ||
Yearly Cost
Yearly cost is fix cost.
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£1,341.35 | £429.32 | |
|---|---|---|---|
| Yearly Fix Cost | £1,087.98 | £110.29 | |
| Yearly DPP Cost | -- | -- | £685.58 |
| Total | £2,429.33 | -- | £1,225.10 |
| Saving | £1,204.22 | ||
Definitions
- Practice: Number of practices you have.
- Dentists & Hygienists: Number of Dentists & Hygienists you have.
- Staff: Number of Staff you have.
- Hourly Rate: If a manager’s salary is £31,000 so hourly rate will be £14.90, it can vary from practice to practice.
- Manually: Calculate on paper.
- Hours: Spending time in hours.
- Financial Report(info): End of year income breakdown (Cash, Card and Cheque payment) of practice for each Dentists & Hygienists.
- HR Audit(info): Check all staff information and documents.
- Compliance Audit: Check all practice’s compliance documents.
- Monthly Cost: Monthly cost for 12 months.
- Yearly Cost: Yearly cost is fixed cost.
Whether the investment is being made in equipment, a new surgery room or people, the need to understand whether an investment has been worthwhile is one of the first rules of business.
Well the good news is that with DPP you don’t have to rely on your gut instincts for these important decisions.
