Introducing the Meeting Cost Calculator
Meetings are essential for collaboration and decision-making, but they come at a cost. Our Chrome extension dives deep into your Google Calendar, computing the cost associated with the time spent by attendees in every scheduled gathering. While most organizations grasp the direct costs of meetings, this tool illuminates the often-overlooked expense - your team's precious time. Beyond just the numbers, the extension translates these costs into real-world comparisons, bringing the true price of frequent or lengthy meetings to light.
Time is money, and neither should be wasted
The Meeting Cost Calculator reveals the hidden expenditures of meetings by translating time into monetary value. As organizations increasingly rely on frequent meetings for decision-making and team alignment, understanding these concealed costs becomes paramount. By showcasing the financial equivalent of time spent in meetings, the extension provides organizations with actionable insights to optimize team productivity, allocate resources wisely, and maximize return on time investment.
A new perspective on meeting costs
Increased meetings can often take away from meaningful productivity. The tangible costs of these interruptions, however, are difficult to quantify. By representing these costs both monetarily and in relatable terms—such as equating a meeting's cost to ten annual MicrosoftWord subscriptions— it brings attention to time as a valuable commodity.
Learn how Ramp strengthens your finances
FAQ
Currently, the Calendar Cost Extension is exclusively integrated with Google Calendar. However, we're always evaluating opportunities to enhance our toolset. Based on the success and feedback from the Google Calendar version, we will certainly consider expanding its capabilities to include Outlook in the future.
Yes, you can adjust the default $100 hourly costs of meeting attendees. Any changes you make will only be reflected locally on your device. This means others won't be aware if you've adjusted your own or others' costs, and it won't affect their meeting cost calculations. At Ramp, user privacy is paramount. All data used to calculate costs remains encrypted and is never shared.
No, you don't need to be a Ramp customer to use the Calendar Cost Extension. We've made it available for anyone who wants to gain insights into the costs of their meetings. Through the savings you recognize from this extension, we hope you'll see a glimpse of the broader value Ramp can provide for your financial management.