ROI and Business Case for AI

In this eBook, we look at best practices organizations may adopt as they create a business case for their AI initiatives deploying 4CRisk products.  Having a sustainable ROI framework to show both projected and accrued benefits from 4CRisk AI initiatives is essential for the successful transformation of the businesses and in particular,  risk and compliance programs. Our goal is to demonstrate how to easily estimate ‘Before AI’ and ‘After AI’ qualitative and quantitative benefits, as well as break-even and net cumulative benefits over multiple quarters or even years.

AI is rapidly evolving, and those who embrace its power will re-invent their organizations over the coming years. We will likely look back on these years as the inflection point where everything changed.  But honestly, much will remain the same.  Choosing AI for the right use cases, getting the team aligned and firing on all cylinders, still takes thoughtful, upfront consideration and diligent nurturing. It’s electrifying when your stakeholders, begin to consider the Art of The Impossible.

This eBook serves as a comprehensive workbook, covering the process of developing a business case, based on existing and future processes supporting legal, government relations, privacy, security, IT, compliance and risk professionals.  We provide a framework and step-by-step examples for creating your business case, for each of 4CRIsk’s products. We conclude the eBook with a discussion on how organizations can achieve sustainable, AI-powered compliance.
AI introduces innovative powerful technologies to help risk and compliance professionals navigate complex regulatory terrains and effectively manage associated risks. As we uncover 4CRIsk’s AI potential, we strive to help you provide a holistic understanding of the profound impact and business value our products can have on meeting challenges your organization faces in today's swiftly evolving business, technology, regulatory and standards environment.
For those interested in supporting aspects of your AI program, we outline the evaluation and deployment cycles to make your adoption process smoother and more efficient in a separate E-Book: AI Strategy, Governance and Evaluation Methods.