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Finance director pitches AI for p‑card oversight, vendor ACH savings and cites $5.9M utility write‑off
Summary
Finance staff described plans to pilot an AI analytics tool for p‑card and vendor monitoring, move vendors to ACH to save about $50,000 a year, and said the city wrote off roughly $5.9 million in aged utility debt to clean data for a new billing system; director reported monthly close improved to 68 days (goal 45).
The Finance director (role label) told the advisory board the department is not seeking new recurring staff but highlighted operational improvements and one‑time cleanups.
The department is piloting an AI tool to analyze p‑card and vendor data in near real time to detect split transactions, duplicates and policy violations; staff said a one‑year pilot is under negotiation with a possible five‑year pricing term thereafter. “Instead of paying an outside consultant…
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