U.S. Army Increases Financial Agility with AI by Reclaiming Funds for High Priority Projects $2.2B+ in excess funds identified at a 3x higher yield
U.S. Army Increases Financial Agility with AI by Reclaiming Funds for High Priority Projects $2.2B+ in excess funds identified at a 3x higher yield
1 PagesLearn More Want more information on how you can get these results? Results Trusted AI Set foundation to build and deploy more financial models and tools Better AI Deobligated and reallocated $2.2B from expiring Army contracts since July 2020 AI at Scale 1,500+ users & 3–5x better at finding high-risk contracts than officers alone Faster AI Slashed thousands of staff hours by automating the deobligation process When the U.S. Army looked into technology that could spot funds with the potential to be lost due to expiring contracts, it tapped AI 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. The Unliquidated Obligation (ULO) project was
