Calculations

Automate calculations and bullet-proof values from manual errors.

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Increase accuracy

Use automated checks and processes that reduce errors, bias and discrepencies.

Trust your processes

Confidence is boosted with tried and tested logic and transparency.

Drive consistency

Use the same logic, data and results across projects – roll out seamlessly.

Increase accuracy

Less risk: Automatic format checks avoid issues in manual data entry.

Avoid re-entry: Get data automatically from other measures to reuse existing data without manual re-entry.

System feeds: Get data automatically from other systems with import and integrations, avoiding human error.

One standard: Select standardised, central calculation logic and eliminate discrepancies between versions of calculations.

No bias: Have prebuilt rules select the statuses so updates are based on facts and logic, avoiding biased adjustments.

Trust your process

Be credible: Tried-and-tested logic builds trust in the results and your team among stakeholders.

Audit traceability: Automated storing of steps taken and data used during calculations provides traceability.

Enhance objectivity: Standardised calculations remove reliance on individual expertise or interpretations.

Decision confidence: Reliable results give decision-makers the confidence to act without hesitation.

Be transparent: Clear and documented methods and data improve stakeholder trust.

Drive consistency

Automatic standards: Use consistent logic from a library of calculation approaches to use the same across projects and scenarios.

Think less: Automate the setup and performance of calculations using triggers that update many measures at once.

Work faster: Calculate results faster, with the automations working immediately when data is entered.

Flexibility to scale: Handle calculations for multiple projects with no additional effort, so roll-out seamlessly with the same logic and results.

Put it all together

Calculations are just the start. Use them with Wovex’s data collection features to get greater value for less effort.

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Data collection

It’s all here. Jump right in with all your ROI data of all your important projects.

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Workspaces

Your mission control centre to manage connected initiatives, benefits and measures and collaborate across teams.

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Items

Standardise your team’s knowledge base with ready-made information for benefits, measures, and more.

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Still have questions? We have answers.

Which Wovex plans include calculations?

Standard calculation approaches are available in the Evidence plan, with the Progress plan adding more premium approaches and conversion tables. An add-on is available, ‘Advanced Data Management’ with even more options. Learn about pricing, or try Wovex Evidence plan for free. Contact us to try for free without a credit card.

What's the difference between standard and advanced calculation approaches?

The standard calculation approaches enable you to do all the most common types of calculations automatically.
For example, adding, subtracting, and multiplying values from the same or other measures and performing calculations.
This includes using numerators and denominators to calculate common ratios used in finance and beyond.

The advanced calculation approaches enable the use of historical data from other measures, e.g., the average of the last 12 entries from another measure. Also, conversation (look-up) tables can take a number from within a range of values and convert it to a different number.

The Advanced Data Management add-on includes additional specialist calculation approaches. For example, calculations for air quality from vehicles and machinery and the quality of buildings are added at the request of customers to support complex measure requirements.
Also included are standard calculation variables, which simplify, for example, common conversion values like the number of hours in a standard working day. These calculation variables further simplify the use of measures.

What are conversion tables?

You may want to collect a range of values for a measure, such as the number of cars visiting a car park each day.
The number may vary from between 0 and 1,000, for example.

To simplify this measure it may be more understandable to use three categories:

1 = 0 to 100 cars per day.
2 = 101-500 cars per day.
3 = 501 or more cars per day.

Conversion tables enable a number to be entered into Wovex, e.g. 145, and an extra number of 2 to be generated, representing the category it is in.
This value of 2 can then be used in other calculations.
Customers use Wovex conversion tables to powerfully meet real-world requirements and save time and effort.