Shawn Lennon, deputy chief financial officer at the Defense Logistics Agency, said the agency is exploring ways to harness artificial intelligence to advance its efforts to achieve a clean financial audit.
He noted that DLA Finance has had success with bots, robotic process automation and other technologies and it plans to build on that with AI tools.
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Using AI to Detect Errors, Generate Insights
According to Lennon, DLA aims to collect data from its business systems and use AI to help detect errors, glean insights and propose measures to improve data quality and financial reporting.
“We’re also looking at using AI to reconcile DLA’s inventory in the Warehouse Management System with our financial records,” Lennon stated.
“Today, we’ve got many people manually reviewing error transactions, trying to figure out what went wrong, why, and the potential solution. It’s too much for us to keep up with,” he added.
Working With DLA Information Operations
DLA Finance is working with the agency’s Information Operations team to advance responsible AI adoption and fund use cases.
“We need to determine how we’re going to prioritize what we do with AI and establish processes for approving and testing AI – all the stuff that comes along with any new technology,” Lennon said.