Source: Visit websiteAgents signal a step-change in the ability of AI to problem-solve with minimal human touchpoints. As businesses are called to transform their technology stacks with agentic workflows that improve financial performance, deep partnerships between technology and finance leaders are imperative to rethink strategies, create greater agility and ensure the enterprise is investing in the right areas.
Together, CTOs and CFOs can avoid these three financial pitfalls while championing a top-down AI approach that prioritizes ROI above all.
In light of this, it's shocking to find that, according to our own company research, 90% of CEOs and more than 80% of CFOs believe their business leaves money on the table during negotiations, creating a substantial yet avoidable impact on their bottom line.
Agentic workflows offer a game-changing solution to optimize business relationships before the final handshake. Rather than spending weeks preparing for a high-stakes negotiation and meticulously evaluating every potential risk, leadership teams can turn to specialized agents as partners to pinpoint the greatest threats and commercial potential in every business deal.
For example, agents orchestrated into workflows that can follow a chain of thought (CoT) like humans are able to surface insights from thousands of supplier agreements to determine which supplier offers the best value for the quality and quantity of goods received and why. They can even help automatically select the best suppliers and create a draft procurement strategy with supporting contracts to run the procurement process.
Are customers who make late payments being charged the appropriate fees? Is your business taking advantage of discount opportunities with suppliers, like volume-based cost cuts? These questions may seem straightforward, but for enterprises with thousands of customers and vendors across increasingly complex supply chains, the answer is just that—complex.
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