Kmart Group intends to “tread carefully” with AI uses in corporate finance, so far using the technology to improve the way its 450-odd stores get their vendor invoices paid.

Speaking at an SAP AI summit in Melbourne, enterprise technology general manager Craig Lanigan said the retailer saw “opportunities to streamline and get cost out of our business” with AI.

“While we are experimenting with AI in many different areas [of the business], when it comes to our finance system, it’s probably one that we’re going to tread carefully with,” Lanigan said.

“We need to set up all of our frameworks and governance before we get into that.”

Lanigan said Kmart had “dabbled” in AI through vendor invoice management process improvement works.

“We have vendor invoice management we’ve rolled out to all

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