Why transaction data may be the missing link to AI ROI

AI took enterprises by storm, with many opting for integration as fast as possible in fear of falling behind the more ambitious tech adopters. But speed alone isn’t always an advantage and as a result, 95% of enterprise pilot programs still failed to deliver measurable financial returns just last year.

Now that we’re a few years past the initial AI explosion, the pressure is on to prove true ROI from these projects.

Businesses have most frequently poured resources into AI tools aimed at boosting productivity and automating workflow in hopes to target the most universal, longest standing business goal: doing more with less. But what leaders should be doing is identifying where the technology can solve the biggest issues specific to today’s business climate. One of those issues is cash flow forecasting.

This year, 52% of American CFOs named cost management as their most worrisome internal concern. While a well-oiled...

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