U.S. Army increases financial agility with AI
The U.S. Army increases financial agility with AI by reclaiming funds for high-priority projects, with $2.2B+ in excess funds identified at a 3x higher yield.
Challenge
The U.S. Army needed to find an innovative AI solution to help contracting officers accurately predict the contracts most likely to underspend their funding so they could quickly deobligate and reallocate these funds to other high-priority projects.
Solution
The U.S. Army tapped DataRobot to find contracts with unused funds, empowering contracting officers to reclaim the money and reallocate it to other vital areas—boosting the deobligation rate and saving thousands of staff hours. They leverage DataRobot to ensure proper governance of predictions for contracts at risk of excess funds and triage prioritized contracts in dashboards to empower contracting officers to reclaim funds—all in a highly visualized, self-managing, and sustainable environment that boosts financial agility.
Results
Better AI – Deobligated and reallocated $2.28 from expiring contracts since July 2020.
Trusted AI – Set foundation to build and deploy more financial models and tools.
Faster AI – Slashed thousands of staff hours by automating the deobligation process.
AI at Scale – 1,500+ users and 3-5x better at finding high-risk contracts than officers alone.
Challenge
The U.S. Army needed to find an innovative AI solution to help contracting officers accurately predict the contracts most likely to underspend their funding so they could quickly deobligate and reallocate these funds to other high-priority projects.
Solution
The U.S. Army tapped DataRobot to find contracts with unused funds, empowering contracting officers to reclaim the money and reallocate it to other vital areas—boosting the deobligation rate and saving thousands of staff hours. They leverage DataRobot to ensure proper governance of predictions for contracts at risk of excess funds and triage prioritized contracts in dashboards to empower contracting officers to reclaim funds—all in a highly visualized, self-managing, and sustainable environment that boosts financial agility.
Results
Better AI – Deobligated and reallocated $2.28 from expiring contracts since July 2020.
Trusted AI – Set foundation to build and deploy more financial models and tools.
Faster AI – Slashed thousands of staff hours by automating the deobligation process.
AI at Scale – 1,500+ users and 3-5x better at finding high-risk contracts than officers alone.
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