# Business Impact Estimator

This function calculates the **Business Impact (BI Estimator)** based on the following components:

* **Cost Reduction**
* **Revenue Generation**
* **Risk Avoidance**

### Input Fields in the User Interface

Below are the input fields in the BI Estimator interface, along with their units and timeframes:

#### **1. Cost Reduction Driver**

* **Required Resources for this Task \[Units]**: Number of personnel required to perform the task (*Mandatory field*).
* **Average Annual Salary \[USD/Year]**: The average annual salary of employees.
* **Time Spent on this Task \[% - Daily]**: The percentage of daily time spent on completing the task (%0 - %100).
* **Cost of Other Resources \[USD]**: Cost of alternative resources.
* **Time Saved by Product \[% - Daily]**: The percentage of daily time savings provided by the product (%0 - %100).

#### **2. Revenue Generation**

* **Average Annual Revenue/Turnover \[USD/Year]**: The total annual revenue of the company.
* **Revenue Increases \[% - Annual]**: The percentage increase in revenue due to the product (%0 - %999).
* **Revenue Saved \[% - Annual]**: The percentage of revenue saved by preventing losses (%0 - %100).

#### **3. Risk Avoidance**

* **Average Annual Revenue/Turnover \[USD/Year]**: The total annual revenue of the company.
* **Lost Revenue Avoided \[% - Annual]**: The percentage of lost revenue prevented by the product (%0 - %100).
* **Fines Avoided \[USD]**: The amount of fines avoided due to the product.

### Output Parameters and Calculations

The BI Estimator calculates key financial impact metrics based on the provided inputs. The results include:

#### **Cost Reduction Calculation**

* **Total Cost Reduction (USD):** This value represents the total savings achieved through resource efficiency improvements and cost reductions.

```
Total Cost Reduction = (Required Resources × Average Annual Salary × (Time Spent on Task (Daily) / 100) × (Time Saved by Product (Daily) / 100)) + Cost of Other Resources
```

* **Total Estimated Time Saved (Hours):** This value quantifies the expected reduction in labor hours due to process optimization.

```
Total Estimated Time Saved = Required Resources × Time Spent on Task (Daily) × (Time Saved by Product (Daily) / 100)
```

#### **Revenue Generation Calculation**

* **Total Revenue Generation (USD):** The additional revenue gained from productivity improvements and revenue retention strategies.

```
Total Revenue Generation = Average Annual Revenue × ((Revenue Increases (Annual) / 100) + (Revenue Saved (Annual) / 100))
```

#### **Risk Avoidance Calculation**

* **Total Risk Avoidance (USD):** The estimated financial protection derived from avoiding lost revenue and penalties.

```
Total Risk Avoidance = (Average Annual Revenue × (Lost Revenue Avoided (Annual) / 100)) + Fines Avoided
```

* **Lost Revenue Avoided (USD):** The specific portion of risk avoidance attributed to preventing revenue loss.

```
Lost Revenue Avoided = Average Annual Revenue × (Lost Revenue Avoided (Annual) / 100)
```

#### **Total Savings Calculation**

* **Total Estimated Savings (USD):** The overall financial impact, summing up cost reductions, revenue generation, and risk avoidance.

```
Total Estimated Savings = Total Cost Reduction + Total Revenue Generation + Total Risk Avoidance
```

### Summary

This function calculates the **total business impact (BI Estimator)** based on **Cost Reduction, Revenue Generation, and Risk Avoidance**.

* **Cost Reduction:** Improves workforce and resource efficiency.
* **Revenue Generation:** Strengthens the organization by creating new revenue opportunities and preventing losses.
* **Risk Avoidance:** Protects the organization by avoiding penalties and reducing financial losses.

As a result of these calculations, the **Total Estimated Savings** value represents the organization's total potential financial benefit.


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