A global report by DigitalRoute reveals that a significant number of Chief Financial Officers (CFOs) are struggling to effectively monetise artificial intelligence (AI), despite recognising its importance in their business strategies. The study surveyed 614 CFOs and found that almost 71% reported difficulties in capitalising on AI financially, while nearly 90% identified it as a critical priority for the next five years.

At present, only 29% of organisations have implemented a viable AI monetisation model, with the majority either experimenting or lacking a clear strategy. The findings suggest that technology firms are grappling with traditional pricing strategies, with 68% acknowledging that these models are ill-suited for the shift towards an AI-driven economy.

Ari Vanttinen, Chief Marketing Officer at DigitalRoute, stated, “AI is in the second digital gold rush. But without the usage-level visibility, companies are gambling with pricing, profitability and even product viability.” This highlights the pressing need for companies to adopt real-time metering and revenue management to transform AI from a mere expense into a viable profit source.

In boardrooms, AI monetisation is becoming a formal priority, with 64% of CFOs indicating its significance. However, only one in five businesses can monitor individual AI consumption, limiting the capacity of finance teams to conduct accurate billing, forecasting, and margin analysis. Complexity in pricing structures emerged as the predominant challenge, cited by 70% of CFOs. Furthermore, misalignment between finance and product teams was reported by over half of the respondents.

The report also identifies legacy systems as a significant barrier, with 63% of companies investing in new revenue management infrastructures as traditional quote-to-cash systems have proven inadequate for the emerging usage-based AI pricing models.

The study underscores regional disparities in AI implementation and monetisation. While Nordic countries are at the forefront of AI integration, they are experiencing challenges in achieving profitability. Conversely, France and the UK are showcasing stronger early commercial returns. The United States, a global leader in AI development, appears to be adopting a more cautious approach to monetisation, with many businesses still constructing the internal frameworks necessary for effective scaling.

Although American enterprises recognise the importance of AI, their perceived criticality scores indicate a broader, exploratory culture around AI that has yet to translate into comprehensive commercial execution.

To enhance monetisation strategies, the report recommends three key steps: first, metering AI usage at the feature level, second, modelling value-based and usage-based pricing prior to launches, and third, fostering collaboration between product, finance, and revenue teams through shared data.

As Vanttinen emphasised, “Every prompt is now a revenue event. When businesses can see, price, and bill for AI usage in real-time, they unlock the margins the market expects.” This underscores the evolving landscape of AI monetisation, as companies strive to navigate the complexities of pricing and profitability in an increasingly competitive environment.

Source: Noah Wire Services