Like the youngest sibling in the family, AI-related initiatives are getting whatever they want—which, in most cases, is a budget to get the job done. According to a December report by Emburse, which builds expense and travel management software, 58% of surveyed US and UK business leaders believe AI-related purchases are the easiest to approve. And business leaders are using this information to their advantage: More than six in 10 (62%) claim to have linked at least one software purchase to an AI initiative to get budget approvals. Fast pass. Michele Shepard, Emburse’s CRO, told IT Brew that while AI projects may have initially gotten easy approvals as companies bought into industry hype over the technology, business leaders are now funding projects because of their long-term benefits. “Initially…it was, ‘Oh, it’s the next cool thing,’” Shepard said. “But the reality is, it is driving significant cost benefit, ROI, real efficiency savings for organizations.” However, one pro begs to differ.—BM |