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
Find an innovative AI solution that could 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
Leverage DataRobot AI Platform 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
Deobligated and reallocated $2.2B from expiring Army contracts since July 2020. Set foundation to build and deploy more financial models and tools. Slashed thousands of staff hours by automating the deobligation process. 1,500+ users & 3–5x better at finding high-risk contracts than officers alone.
Challenge
Find an innovative AI solution that could 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
Leverage DataRobot AI Platform 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
Deobligated and reallocated $2.2B from expiring Army contracts since July 2020. Set foundation to build and deploy more financial models and tools. Slashed thousands of staff hours by automating the deobligation process. 1,500+ users & 3–5x better at finding high-risk contracts than officers alone.
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