Basware marks 40 years with AI push amid tariff budget squeeze
Companies are realizing a 136% spike in return on investment (ROI) from AI in financial technology. Savings exceed $1.36m for every $1m invested over a three-year period, according to a global survey.
Amid economic turbulence, fueled by tariffs and global trade disruptions, AI is being tied directly to enterprises’ financial performance.
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Trillions of dollars flow into AI investments as companies chase ROI hope. With the global AI market set to surge to $4.8 trillion by 2033, this trend is only set to grow for the foreseeable future.
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But most companies still struggle to prove returns. New research make these proven returns critical for economic growth.
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82% of businesses investing significantly in AI see an increase in revenue, while 53% are seeing an increase in gross profit, compared to those not investing as heavily.
The findings were revealed in Basware’s AI to ROI report, conducted by independent research firm, Financial Times Longitude, observing the attitudes of AI for 400 global CFOs at enterprise businesses.
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Source : prnewswire
