Since the ROI of digital automation depends on the business case and where you start from, here are our 3 tips on how to achieve a better return on investment when adopting digital automation solution for resource optimisation.
Optimise resource utilisation with a cloud-first strategy
The industries that were early adopters of automated workflows had their own data centres. Any future problems required service team on-site and troubleshooting could take ages. With a cloud-based resource management platform, this is not a problem anymore. The software supplier has full visibility on the automation and can control everything in the cloud. This itself allows costumers to rely on measurable ROI.
The cloud-first strategy is not related exclusively to measurable ROI benefits. It is also a case for continuous optimisation. That can eventually drive a bigger ROI in time that spreads beyond the first 12 or 24 months.
2. Scale up the volume of work
To produce a measurable ROI from the use of resource management software, you need large amounts of data and rules. For instance, Canalix offers a resource optimisation product that can create optimal schedules for complex operations and reduce the resource scheduling efforts from days to minutes. But to produce a measurable ROI from this, a large amount of data is needed and of course – rules that rarely change. That’s why scaling up the volume of work at the early stage of adoption is a good tip to achieve measurable ROI on automation.
3. Don’t ignore the soft ROI metrics
Soft ROI is that part of the benefits that are hard to be measured and quantified. This does not mean that they should be ignored.
Among the soft business benefits of automation are:
- Improved compliance. For example, in highly regulated industries such as insurance, automation is a fast solution to the problem with compliance.
And last but not least:
- Improved customer service.
- Improved productivity.
It’s hard to put a monetary value on these benefits, but organisations that get automation right are surely going to experience these benefits. How to track any correlation between automation and improved customer experience? Perform surveys and ask questions. It will give you a good idea of where your automation efforts are going.
Real-world examples from Jobtimizer’s use case scenario:
Total travelled time
Our customer’s number of finished jobs depended directly on travel time. While the backlog of casework increased, they had to find a better way to utilise their resources. To improve the resource utilisation for them, meant to reduce the total travel time between inspection jobs.
After the automation:
Total time spent on travel was reduced by 40%. Our customer was able to perform more tasks with the same resources for the same amount of time.
Our customer had an internal team that was responsible for the manual processing of hundreds of incoming claims and then planning the inspection schedule.
Resource scheduling efforts reduced from days to minutes.
Do you want to explore yourself the features and benefits of our resource management solution? Then book a quick 15-min product tour by filling the form below: