As artificial intelligence gains momentum in enterprises, Pigment announces the launch of AI Investment Planner, a new feature designed to help finance departments and FinOps teams better manage their AI investments. This solution aims to provide greater visibility into spending, facilitate forecasting and strengthen the governance of artificial intelligence-related projects.
A response to rapidly growing expenditure
The rapid adoption of artificial intelligence is transforming ways of working and multiplying use cases across organisations. However, this evolution is accompanied by rising costs, particularly due to the use of generative AI models, whose pricing and consumption volumes change regularly.
In this context, finance teams must deal with expenditure that is difficult to anticipate and monitor, while also being able to assess the value created by the various projects.
Centralising and tracking AI-related expenditure
With AI Investment Planner, Pigment provides a single workspace for consolidating usage data and costs from several artificial intelligence providers and models.
The solution makes it possible to allocate expenditure to the relevant teams, cost centres, projects or initiatives in order to improve visibility into investments made.
Improving budget forecasts
The new feature also provides forecasting tools to estimate future expenditure based on historical usage, adoption assumptions and planned projects.
Companies can therefore compare several scenarios before approving their budgets and more easily anticipate changes in their artificial intelligence-related costs.
Measuring return on investment
Beyond financial tracking, AI Investment Planner aims to help organisations link expenditure incurred to expected benefits. This approach is designed to facilitate the assessment of the return on investment of AI initiatives and guide investment decisions.
The solution also includes mechanisms for detecting budget overruns or consumption spikes, as well as an approval process for new projects before any financial commitment.
A governance-oriented approach
Through this announcement, Pigment is strengthening its financial planning offering by integrating a dimension dedicated to the governance of artificial intelligence investments. The objective is to provide finance departments with tools that enable them to better control expenditure, anticipate future needs and support investment decisions based on consolidated data.
source: Pigment
