Calculating Return on Investment with Software Automation

Calculating return on investment with software automation isn’t as hard as it sounds, if anything it’s quite exhilarating to see how many ways you can actually cut costs with automation.

Calculating Software Automation Overheads

Before even looking into how we can cut down the expenditure your business incurs on a daily basis, we need to first understand what does it actually cost to run software automation because this is the first question of feasibility most clients ask us and think about.

It may sound costly at first, but there are annual or monthly fees with services such as Monday or Zapier which are two of our core services that we prefer to build systems on. These costs can range up to thousands of dollars for an annual fee.

These services are typically an additional extra added on top of what already exists in your software subscription stack.

Quantifying Labour Savings

Here’s where things start to get interesting, now that you’ve understood what sort of overhead costs you may be looking at you can immediately stack this up against wage expenditures and the cost of manual labour versus empowering staff with automation.

Whether you’re looking to run an agile small team or you’re looking to overhaul an entire workforce there are benefits to gain regardless of your company size.

The way we calculate things is to look at the cost analysis between what a task or job would cost your business with your current procedures versus introducing software automation into the procedure.

We’ve yet to find a case scenario yet that is not in favour of working without automations! There are case scenarios where this does occur, however, it is only existent for procedures that are highly abundant on manual labour.

Regardless of how you approach your operations, chances are you have a highly involved digital process that can be cut down tremendously with automations.

Upgrading Processes with Software Automations

One of the costs that might deter our prospects to making a decision to change is the event of data migration. This can become a cost that may outweigh the investment today, however, losing out on better processes to run your business with software automation means that this cost will rise over the years and your current processes may lead to even more of a financial issue down the line.

This is not a problem for the everyday business, moreso an issue with businesses who have already built a sizable system for their processes that are inclusive of manual labour where double or triple handling is involved.

In this case scenario we do provide enterprise solutions to absorb this cost and make it financially viable to make the transition into a more efficient environment!

Want to speak to our team to see if this might work for your company? Contact us today!