GenAI for cost reduction

Enhancing Spend Analysis and Cost Reduction with GenAI

Reducing costs and optimizing spend analysis are essential for maintaining a competitive edge. A popular survey by Boston Consulting Group reveals that 54% of leaders expect AI and Generative AI (GenAI) to deliver significant cost savings in 2024, with nearly half anticipating savings exceeding 10%. GenAI has evolved as a transformative tool, automating complex processes, […]

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