Workflow Automation ROI – Measure Your Workflow Success
Key takeaways
- The success of technological innovation is often measured by the ROI.
- Switching to workflow automation may seem like a big step for most businesses, demanding in terms of investment and effort.
- Implementing business process automation can alter the way your organization operates, learning the use of the software, training staff on new procedures.
- A solid business case for this level of disruption requires compelling ROI numbers.
- This is the main reason why workflow automation ROI calculations need to be made accurately.
- Workflow automation ROI calculations must be based on overall cost, speed of implementation, scalability of the software, additional costs, and the applicability of the software to different regions.
Workflow Automation ROI
Implementing workflow automation is a big step for any business. Not just the costs involved, but the effort and time spent for training resources should also be taken into consideration while calculating ROI for workflow automation. Workflow automation ROI calculations give the management a good idea of the improvements that workflow automation can bring into business operations. An enterprise needs to take into consideration the ROI that workflow automation can bring to the organization to understand short term and long term benefits.
Table of Contents
Return on Investment – How Long Should You Wait?
The term ROI instantly strikes the chord as a return on investment. Instead of viewing the entire workflow automation as a way to earn more money or save on the existing budget, an ideal way to handle it is by understanding how it impacts the workflow. Right from the time taken for employees to handle projects, get in touch with upper management to make timely decisions, and inform team members or share documents, a lot of changes will impact business values on a long-term basis. The ROI will be both instant and perennial because it can help enhance the organization’s value, process management, and efficiency of employees throughout the year. Basic Questions to Ask Before Implementing Workflow Automation- The overall cost of adopting new software and its per-user subscription costs as most SaaS services adopt this method to deliver updates
- How fast can it be implemented and its scalability?
- Additional costs that may be included to train employees, buy additional space, or expand
- The ability to further expand the software to different teams and regions when required
End-to-end workflow automation
Build fully-customizable, no code process workflows in a jiffy.
How Do You Measure Workflow Automation ROI?
Every large corporation is well aware of the fact that investing more to create patrons and retain customers is the first step towards building a large audience base. Besides, a team of motivated employees can contribute in more ways than one and it’s not only about saving costs but also about boosting morale through a seamless workflow.- Collaboration and Communication – Every team member will be able to easily collaborate because they can work smart with fewer hassles
- Impact on Customers – End users will immediately experience the organized approach as store managers, customer care representatives, or marketing team can deliver on deadlines without fail
- Responsive Teams – Teams will be responsive like never before because of their ability to communicate better, access documents from the cloud, get approvals from managers, and so on. In turn, this will help boost team morale to the highest possible levels in the long run
- Brand Integrity – Instead of evaluating everything based on dollars saved, you can build brand value, and create integrity among both customers and employees at once because a streamlined workflow reduces stress. It also helps manage tasks better for assured outputs
Cflow – Workflow Automation Suite with the Best ROI
The investment that you make with Cflow is largely based on the size of your organization, the number of workflows you like to automate, and how scalable you want the platform to be. Be it a large enterprise or a smaller firm can make use of Cflow’s no-code BPM technology to handle confidential documents, and empower their employees with a stress-free work environment. A boosted work scenario helps extract high-quality work from the existing workforce which in turn contributes to the business’ growth in more ways.What should you do next?
Thanks for reading till the end. Here are 3 ways we can help you automate your business:
Do better workflow automation with Cflow
Create workflows with multiple steps, parallel reviewals. auto approvals, public forms, etc. to save time and cost.
Talk to a workflow expert
Get a 30-min. free consultation with our Workflow expert to optimize your daily tasks.
Get smarter with our workflow resources
Explore our workflow automation blogs, ebooks, and other resources to master workflow automation.
What would you like to do next?
Automate your workflows with our Cflow experts.