We are almost to a point where if I scale out what we're using it for today to the end of the year, then we have paid off the software.

We are probably saving $6000 to $8000 a month in labor costs. It's not a ton, but we're right around $60,000 to $80,000 a year with our current deployment. 

We haven't looked into it yet, but for our next opportunity, one of our business partners came across what he thinks is some significant savings in one of our departments. He is really excited to get in there and start looking at the opportunity and evaluating it for viability. If it's good, that'll be a huge win for us. They're talking about six to eight people that we can displace with the bot and and reallocating to other things.

We've more than broken even over on the license. Year to date, we are at $120,000 in savings.

We have been able to alleviate two FTEs, which was a big savings for us. We were able to reuse those resources in other locations. It is over 5000 hours a year in total savings.

We were able to reduce our processing speed in time by 65 percent. That is just simply by using a robot versus a person.

Kryon is saving us money on the attended side of things. Attended automation has diverted 34 percent of training calls to our tech support centers. 

On the unattended side, we used automation to onboard a brand into our management systems this past January. The automation performed those tasks over a five-day period. It would have taken a team of 20 to 30 people almost a month to do that same work. So, we've definitely seen some benefits from automation.

We haven't calculated ROI yet. I'm quite confident that in the long run it will demonstrate a return on investment. In the first year, at least for us, because there have only been three or four implementations, but nothing more than that, in terms of man-hours the supplier delivery notes is most significant. It's possible it has already given us a return on investment.

If we look at the number of FTEs saved, there is definitely ROI from those savings. In fact, we are collecting metrics on that now, to know how much value we've had. Over the three years we have had close to $300,000.

We have absolutely seen return on investment. We felt that we had to get to between 40 and 80 hours of weekly savings to get our ROI and we're already almost there, and that's good news overall. So far it's saving us about $80,000 annually. We expect that number to grow.

In terms of business analyst hours, it hasn't saved time there yet, but it will over the long haul for sure. It has definitely increased operational efficiency and has reduced human error by a pretty great degree, for the things we've automated. It does what it needs to do pretty routinely and pretty flawlessly.

I expect that Kryon will save us money. It's too early to tell, but I would say that once it starts running there are going to be cost savings.

I am not too sure how much cost was saved. But there are a few people in the department were redeployed when one of our processes is up and running fine.

Now that the process is cheaper for us, we have been able to change our business rules a little bit and save more money by automating. To give a simple example, if it was worthwhile for us to do a specific activity only if it was more than 50 shekels, now, when the robot is doing it and it's cheaper for us, we're doing it from the first shekel. We are saving more money by changing the business rules because the process is costing us less money.

It has also helped to reduce employee errors. This is also very important. And it has helped us in terms of monitoring because we need to do less monitoring of the employees. That's another area of savings, another improvement. In the beginning, we did need to monitor the automated process, but after seeing it and becoming comfortable with it, we were able to reduce our monitoring of employees.

Kryon has saved us money. We measure in terms of people. We haven't increased our employees in those departments, and we can say that we have saved nine employees, nine people we haven't had to hire.

I would expect that in the first year there is no ROI. It has to be measured over three or five years.

I saw ROI from Kryon RPA, but I don't have the exact values, and that would be confidential. If I were to rate ROI on a scale of one to ten, I would give it a seven.

There are other advantages from automating processes, other than saving money. We consider the cost efficiency and other advantages, such as the quality of the process being highly improved. It's very hard to estimate the cost of errors that are eliminated. But we expect that automating processes does eliminate errors.

There is no doubt that there will be ROI. However, it is too early to provide data.

This solution has saved us time when launching new automation processes, but it is too early to give the amount of time.

There is not enough data to determine if the solution has saved us money, business analyst hours, operational efficiency, or reduced employee errors.

Error rate and manpower has been reduced. The error rate has been reduced almost to zero. Though, sometimes, some of the tasks are done better with humans than Kryon.

We are not exactly saving money at this stage, because we have invested a lot in Kryon. Our transaction volume and cost that we are receiving has not yet equated in a profitable way. We are moving to a more profitable way going forward, but it will take a bit more time. In maybe another year or so, we will see some improvement and ensure that this solution is profitable.

It saves our business analysts a couple hours per day.

We're a relatively small bank. So even if we can automate a decent scenario, we still don't have a lot of users or transactions. So the ROI is going to take a while in that area. In the testing area there is a good ROI, because we're now capable of doing things that we couldn't before. Completely. It's a game-changer.

For example, in the scenario of making a loan, part of the process was typing things into our legacy system. Selenium, the solution we had before, just couldn't do it. We had to abandon the goal of automating the scenario, and now we can. It's a game-changer in that respect.

The truth is, when we brought Kryon, we didn't think about automating testing, and they didn't recommend it. It was not meant to be a Selenium or testing tool, but we thought it could be useful, and it turned out that it was.

We have definitely seen return on investment. We are checking it all the time. By the end of this year we will have returned the investment, and we will start gaining more. Most of the money goes to developers' salaries, people working at the bank, rather than the licensing. Including the salaries, we expect that by the end of this year, we'll return the investment.