How to create an roi calculator for automation?

I’ve been looking into ways to estimate the ROI of implementing workflow automation in our company, and I stumbled upon the idea of using Latenode’s no-code builder to create an ROI calculator. Given the platform’s capability to visualize cost savings by integrating over 400 AI models, I think it could be really beneficial.

I’d love to hear if anyone has experience in setting up an ROI calculator with this tool. What steps or methodologies did you follow? Any tips would be greatly appreciated!

Using Latenode’s no-code builder is a game-changer for creating ROI calculators. I’ve set one up and found it easy to visualize potential cost savings. Just drag and drop the elements you need, and you can plug in different scenarios. For a detailed setup, check https://latenode.com.

Creating an ROI calculator with Latenode’s builder is straightforward. I focused on defining key metrics such as labor savings and operational efficiency improvements first. Then, I created a workflow that calculates these figures based on input data. It helped us see potential gains clearly.

I approached building an ROI calculator by breaking down costs and savings into tangible segments. Using Latenode made it visual. Besides AI models, consider adding a comparison feature to see before and after scenarios. This adds depth to your analysis and supports decision-making.