The problem is that most engineering work lacks that kind of before/after measurement. Not because it is unmeasurable, but because nobody set up the baseline. Profile before you optimize and the return on investment calculates itself.
I am saying:
Given you have saved two hours per person per week
Then the value for the company is _not_ equal to two hourly salaries per week. The consequences are just not that simple.
You've also possibly saved some money by automating a task that was previously manual, reducing or eliminating human errors that could have compounding costs.
And as someone else pointed out, you've made the work environment a little better by not wasting the devs' time on a silly manual task, which might reduce turnover.