How do you calculate the ROI of integrating an AI productivity tools for your organization?
Monalisa Sethi
3 replies
Would love to hear thoughts from the team leaders and managers of the group on how they are justifying the ROI of integrating yet another Copilot [or any other Al productivity tool] for their team/employees?
Replies
Brody Clarke@brody_clarke
Consider both tangible and intangible benefits. Calculate productivity gains and reduced errors, and also factor in improved employee satisfaction and reduced turnover if the AI tool makes their jobs easier.
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To calculate ROI, start by estimating the time saved using the AI tool compared to manual processes. Multiply this by the average hourly rate of your employees to gauge cost savings. Then, compare these savings to the tool's cost.
Track specific metrics before and after implementation. Look at productivity, efficiency, and any reduction in errors or time spent on repetitive tasks. Compare these improvements to the cost of the AI tool.