CBA and ROI
The purpose of CBA is to determine whether the benefits of a project outweigh its costs and whether it is financially viable. In the context of RPA projects, CBA is crucial to determine the feasibility of implementing RPA technology within an organization.
CBA is important for RPA projects because it helps organizations make informed decisions about whether to invest in RPA technology. Implementing RPA projects can be expensive, and organizations need to ensure that the benefits of the technology outweigh its costs. CBA helps organizations identify all the costs and benefits associated with RPA implementation, providing a framework to compare these costs and benefits to determine the financial viability of the project.
Developing a CBA for RPA projects involves several steps, which include the following:
- Define the scope of the RPA project: The first step in developing a CBA is to define the scope of the RPA project. This involves identifying the processes...
