ROI calculation
An important aspect when deciding on automation is the return on investment (ROI). The following factors play a role here:
- Savings in working time and costs: How much time is saved through automation?
- Reduction of errors: What are the current costs of manual errors?
- Speed and throughput: How many additional processes can be handled through automation?
A simple calculation could look like this:
ROI = (savings + productivity gains - implementation costs) / implementation costs
Companies often report that automation measures pay for themselves within 6 to 18 months.
The right process orchestration can also help save costs and further increase efficiency. Find out more in our article on the topic: Save costs and increase efficiency through process orchestration.