How Onpoint calculates your Potential Savings

The same calculation you would do in Excel.

1

Scan and extract

Onpoint scans every invoice PDF you upload, extracts every line item, and structures it: item description, quantity, unit price, supplier, and more.

2

Group identical Items

Items of the same type and specs are grouped across all invoices and suppliers for comparison. Example:

DescriptionQtyUnit PriceSupplierItem
Dell Latitude 5420 - i5/8GB/256GB SSD / 14"71,100 EURCoreIT InfrastructureLaptop – 8GB 256GB 14-inch
ASUS ExpertBook B1 - i5 / 8GB / 256GB SSD41,115 EURGlobal Workplace TradersLaptop – 8GB 256GB 14-inch
Dell Latitude - i5, 8GB, 256GB SSD, 14"51,150 EURBluePeak ConsultingLaptop – 8GB 256GB 14-inch
Lenovo ThinkPad E14 Gen4 - i5/8GB/256GB41,195 EURNordic IT SolutionsLaptop – 8GB 256GB 14-inch
Acer TravelMate P2 - i5/8GB/256GB SSD81,395 EURSolvo Facility ServicesLaptop – 8GB 256GB 14-inch
3

Calculate average and best Price

The average price is weighted by quantity – not a simple mean. The minimum price is the best unit price seen across all purchases, suppliers, and departments.

Avg Price = ((Price × Qty) + (Price × Qty) + ...) / Total Qty
1,210 EUR = ((1,100 × 7) + (1,115 × 4) + (1,150 × 5) + (1,195 × 4) + (1,395 × 8)) / 28
Best Price = 1,100 EUR (CoreIT Infrastructure)
4

Calculate Potential Savings

If every purchase the last 12 months was bought at best price, how much would you have saved?

Potential Savings = (Avg Price – Best Price) × Total Qty
3,080 EUR = (1,210 – 1,100) × 28

This is a savings opportunity, not a guarantee. Use it as guidance, negotiation leverage, or ignore it if not applicable in your case. Suppliers have contracts, lead times, volume commitments, hidden costs, and other factors you need to take into consideration. But you cannot negotiate what you cannot see.

See your own Savings in minutes

Upload your Invoices and calculate your Savings potential instantly.