To get or keep any solution, you need to prove its value is greater than its cost. Naturally, AI solutions, while shinier at the moment, are subject to the same considerations.
That said, using the power of AI as a companion in Microsoft Teams, can save time and decrease mental fatigue - fast! Although many people can see, in examples, how Copilot saves time, for example we highlighted a PwC study that showed a 5X increase in productivity, they don't always find the strategies to achieve this. Or at the very least, the connection between strategy and ROI isn't always well established!
And as you know, your CFO needs to feel good about the "intangible" returns. Of course, there are methods to collect information on employee speed and effectiveness, and if you have those available, you should use them. However, if you don't, adding an expense to prove another, might feel counterproductive to some.
So, how do you prove it? While, our eBook goes into many ways leveraging Copilot in Microsoft Teams can boost ROI, this blog will focus on the quickest win, meetings.
Microsoft Copilot costs $30/user/month. When you do the math, that's roughly $1 a day, times the number of people using it.
If that doesn't sound like much to you, remember the number of team members, and implementation costs associated with it. It can quickly become a notable number. Therefore, it's only logical that your CFO would take notice.
While the cost is well worth the reward, there needs to be clear value in it. Gaining a quick return can give you the runway you need to find other ways to get the most out of Microsoft 365 Copilot. Even with the discussion of Teams Premium VS Copilot, there is so much more value in Microsoft Copilot outside of just Teams that it should be a no-brainer, despite the higher costs.
Now, let's get to better returns on your Copilot investment!
Over and over again you'll hear or say, "we/I have too many meetings!" While that is most likely true, what's also true is that there is usually a point and/or purpose to those meetings.
What meetings do you cancel? Which do you keep? AND How do you make sure the ones you do keep are worth everyone's time?
Discover one of the features that leads to easily achieving Copilot ROI, so you can focus on how you'll be using AI to REALLY improve quality and speed, by reading ahead.
Meetings and calls are essential for collaboration, but the challenge often lies in remembering and understanding everything discussed. Copilot can help users ask intelligent questions during and after meetings, ensuring that nothing important is overlooked.
Real-Time Clarity: During meetings, it’s easy to miss details, especially in fast-paced discussions. Copilot allows you to ask questions mid-meeting, ensuring that any confusion is addressed immediately rather than becoming a problem later. This enables smoother collaboration because everyone can stay aligned and have the information they need to contribute effectively.
Post-Meeting Insights: After a meeting, it’s common to forget specific details, particularly if you are juggling multiple projects or meetings in a day. Copilot’s ability to answer questions post-meeting is like having a virtual note-taker who remembers everything. Instead of combing through notes or recordings, users can simply ask Copilot to pull out key points, action items, or decisions, saving significant time and reducing the likelihood of follow-up meetings to clarify misunderstandings.
Fewer Misunderstandings: Communication gaps can arise during or after meetings, especially in complex discussions with multiple stakeholders. Copilot mitigates this by providing real-time answers to questions about what was discussed. This reduces the risk of misalignment or forgotten tasks, ensuring that teams can move forward with a clear and shared understanding of next steps and responsibilities.
We hope you found this blog helpful and we have great news! If you want to speed up ROI even faster with more ways to achieve quick ROI and adoption tips, download our latest guide to Quick ROI with Microsoft Teams.
