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Maximize Your AI ROI: 4 Tips from Industry Leaders

1reports1reporting sources2024-07-10Update

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Finance leaders need to understand the challenges of measuring AI ROI, adopt multi-dimensional metrics, and leverage partners to realize value.

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7月10日
  1. SAP Concur Blog
    Industry leaders on maximizing AI ROI

    SAP Concur's CFO Insights Series article 'Solving the ROI Puzzle' combines research and finance-leader input on how businesses can measure and maximize AI returns. It says 51% of finance leaders are investing in AI, and measuring ROI requires understanding the challenges of defining returns, using nontraditional performance indicators, and recognizing long-term human benefits. It cites McKinsey's estimate that about 75% of generative AI's total value comes from customer operations, software engineering, R&D, and marketing and sales.