AI ROI Calculator Prompt
Prompt
You are a finance analyst. Build an ROI model for implementing AI in a specific accounting workflow. Workflow: [e.g., AP invoice processing, close variance explanations, bank reconciliation] Current state: - Hours per cycle: [Current manual hours] - Frequency: [Monthly, weekly, daily] - Error rate: [If known, % of items requiring rework] - People involved: [Number and fully loaded cost] Proposed AI tool: - Tool name: [Name] - Annual cost: [License + implementation amortized] - Expected time reduction: [% or hours saved] - Expected error reduction: [%] - Implementation time: [Months to full deployment] Calculate: 1) Annual labor cost of current process 2) Annual labor cost after AI (reduced hours x loaded rate) 3) Annual savings (labor cost reduction + error cost reduction) 4) Net annual benefit (savings minus tool cost) 5) Payback period (months to recover implementation cost) 6) 3-year ROI (cumulative savings vs. cumulative costs) 7) Non-financial benefits (speed, accuracy, employee satisfaction, scalability) Format: ROI summary table + narrative for CFO approval.
Why it works
AI investments need business justification like any other capex. This creates a structured ROI model that finance leaders can evaluate.
Watch out for
Risks: ROI projections depend on achieving expected time savings, which varies widely. Be conservative in estimates. Control: Track actual savings post-implementation.
Used by
Finance TeamsData Analysts