Maximize Your AI ROI: 4 Tips from Industry Leaders
SAP Concur's CFO Insights series explores measuring and maximizing AI ROI. 51% of finance leaders are investing in AI. The article advises: define ROI challenges, adopt best practices, use non-traditional metrics, and recognize long-term human benefits. High performers ensure data quality, track performance, use security measures, and establish AI ethics standards. Generative AI's most valuable applications are in customer operations, software engineering, R&D, and marketing/sales.
Impact and considerations
Provides a framework for measuring AI ROI, helping finance leaders make informed decisions and avoid wasted investments.
Key points
- 51% of finance leaders are investing in AI.
- Measuring ROI involves defining challenges, adopting best practices, and using non-traditional metrics.
- High performers ensure data quality, track performance, and use security measures.
- Generative AI's most valuable applications are in customer operations, software engineering, R&D, and marketing/sales.
- Long-term human benefits include employee satisfaction and retention.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 10 Jul 2024, 00:06
- Page published
- 14 Aug 2026, 08:14
- Last updated
- 10 Jul 2024, 00:06
- Original links
- SAP Concur Blog:Maximize Your AI ROI: 4 Tips from Industry Leaders (opens in a new tab)Primary source · en · Published 10 Jul 2024, 00:06