While robotic process automation (RPA) provides long-term efficiency for your business, it does require some hefty upfront costs. A study by Deloitte found that the installation cost of RPA can range from $5,000 to $15,000 per software bot. Large-scale automation projects could require hundreds of software bots, bringing upfront costs to over $1 million. Calculating ROI for automation projects before RPA implementation can let you know whether the project is worth it in the long term. Here, we’ll detail some of the elements that go into calculating ROI for robotic process automation projects.