The Top 4 Most Cost-Effective RPA Tools Under $2,000

As an RPA consultant, clients often ask me for recommendations on reasonably priced robotic process automation platforms that still offer robust capabilities. There are definitely great options out there that provide strong functionality without the typical high price tag associated with leading RPA vendors.

In this article, I‘ll share the top 4 cost-effective RPA software tools that I frequently advise my clients to consider if they are looking to keep initial investment under $2,000 annually.

But first, let‘s look at why affordability is so important for making RPA accessible to more organizations.

The Importance of Affordable RPA Tools

RPA adoption remains low, with only 53% of companies having implemented any automation so far, according to Deloitte‘s global RPA survey. One of the primary obstacles is the high upfront investment required, as the chart below indicates:

RPA Cost Challenges

Additionally, a study by Ernst & Young found that nearly 30% of businesses cite cost as the top barrier to RPA adoption.

The licensing fees of enterprise-grade platforms like UiPath and Blue Prism often run over $5,000 per bot annually. Added implementation, training, and maintenance costs can quickly make RPA seem out of reach, especially for smaller companies.

However, new market entrants are disrupting the status quo by offering streamlined RPA platforms at extremely affordable price points. This expands access to automation for organizations that can greatly benefit from increased efficiency and reduced costs.

As an RPA expert, I regularly advise clients on how to implement intelligent automation on a budget. Let‘s now examine top options to consider.

1. Argos Labs – Cost-Effective No-Code RPA

Argos Labs provides a no-code RPA solution optimized for cost-effective deployment. Pricing starts at just $1,000 annually for up to 3 bots.

I often recommend Argos Labs to clients for the following reasons:

  • No-code bot building – Anyone can automate processes by dragging and dropping pre-built activities without coding skills needed. This enables wide adoption across business units.
  • AI integration – Cognitive capabilities like OCR, NLP, and machine learning are built-in to handle unstructured data.
  • Cloud-based – No infrastructure to maintain and easy to get started.
  • Centralized monitoring – Management console provides control and analytics of your full bot workforce.

Argos Labs is trusted by major enterprises like Samsung and Lotte but priced accessibly for almost any organization looking to get started with RPA.

2. AutomationEdge – Feature-Rich RPA Under $600

AutomationEdge offers an incredibly affordable RPA platform with its "JumpStart" package costing only $600 annually for up to 10 bots.

As an RPA consultant, I‘ve worked with many clients who adopted AutomationEdge for its robust feature set despite the low price, including:

  • Drag-and-drop designer – Build bots visually with 700+ pre-built activities. No coding needed.
  • AI and analytics – Embedded cognitive capabilities like ML, NLP, and predictive analytics.
  • Centralized control – Manage, schedule, and track all bots via their integrated console.
  • Broad integrations – Pre-built connectors for databases, cloud apps, ERPs, and more.
  • Enterprise security – Bank-level architecture, encryption, and access controls.

With top-tier capabilities at a fraction of the cost of traditional RPA platforms, it‘s easy to see why companies like Domino‘s, Nissan, and KPMG use AutomationEdge.

3. Robocorp – Open-Source RPA with Python

For organizations with some technical expertise, Robocorp provides an extremely flexible open-source RPA platform. It leverages Python for bot development, allowing tight integration with third-party libraries and tools.

As an RPA consultant, I suggest Robocorp to technically adept clients for these advantages:

  • Python-based – Enables advanced automation capabilities and easy extensibility.
  • Free up to 10 bots – No licensing costs for small-scale automation. Paid tiers still very affordable.
  • Cloud or self-hosted – Flexible deployment model fitting diverse needs.
  • Centralized orchestration – Schedule, manage, and monitor all bots through their control room.
  • Scalable – Highly distributable platform scales easily as automation needs grow.

Global brands like Deutsche Telekom and Wolt use Robocorp to automate efficiently. It‘s a great free option for early RPA adoption.

4. Rocketbot – Simple RPA Under $10/mo

For clients seeking extreme affordability but also ease of use, I often recommend Rocketbot. Their free plan supports unlimited bots, with paid plans starting at only $7 per month.

As a consultant, I see Rocketbot as a great entry point into RPA due to:

  • No-code bot building – Easy drag and drop designer enables fast automations without coding.
  • 400+ built-in activities – Wide library of pre-made automation tasks to integrate.
  • Intelligent features – Integrates with AI, machine learning, computer vision, and chatbots.
  • Centralized management – Control and monitor your full digital workforce from one console.
  • Enterprise security – Includes role-based access, data encryption, and other safeguards.

With such an accessible price point but many capabilities beyond basic automation, it‘s easy to see Rocketbot‘s appeal for companies like Bosch, AMD, and DHL.

Comparing the Top 4 Cost-Effective RPA Tools

PlatformStarting PriceCode-FreeAI/MLCloud-BasedSupport
Argos Labs$1,000/yrYesYesYesEmail, Chat
AutomationEdge$600/yrYesYesYesEmail, Chat, Phone
RobocorpFree (10 bots)NoNoOptionalCommunity Forum
RocketbotFreeYesYesNoEmail, Chat

Key Takeaways as an RPA Consultant

As an experienced RPA consultant, my key recommendations when advising clients interested in affordable RPA options are:

  • Carefully evaluate your needs and internal capabilities before choosing a platform. Determine if you require no-code or coding-based RPA.
  • Don‘t assume low cost means poor quality. Many new RPA vendors offer enterprise-level features at disruptive prices.
  • Start small, prove value with a pilot, then scale. Don‘t get overambitious trying to automate everything at once.
  • Monitor adoption and get user feedback. Refine your approach based on bottlenecks observed in early rollout phases.
  • Leverage vendor onboarding, training, and support. Maximize included resources to smooth your implementation.

RPA can transform efficiency and productivity at many organizations if cost barriers can be overcome. I hope this overview of top cost-effective selections provides a helpful starting point in your automation journey. Please don‘t hesitate to reach out if I can advise how affordable RPA can benefit your business.

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