The Total
Economic Impact™ Of Sumsub’s Verification Platform
Sumsub commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study to examine the potential value of its platform. The TEI concludes that companies that invest in Sumsub can experience an 240% ROI
This study is designed to help you evaluate Sumsub’s potential financial impact on your company. To that end, Forrester anonymously interviewed four Sumsub customers, aggregated their experiences and benefits, and combined the results into this report.
- 240%
ROI
- 4.55M
Benefits PV
- 3.21M
NPV
- < 6
Months Payback
When the market goes up, the amount of users who want to purchase our services increases dramatically. With Sumsub, it doesn't matter how many users will come at once. We're assured they will all get through the platform and verified in the shortest timeframe.
Chief Operations Officer
Financial Services
Key benefits
$152.1KNet profit due to increased pass rates
$1.1MProfit due to additional customers onboarded
$2.6MCompliance efficiency improvement and avoided additional headcount cost
$762.5KDecrease in losses due to fraud
Uncover the potential value of the Sumsub platform