"The emergence of so-called "agentic AI," systems that can perform tasks independently and support decisions, plays a central role in this. Two-thirds of respondents believe that there is currently more hype surrounding agentic AI than previous technological developments. At the same time, three-quarters are still discovering how this technology can be used effectively. According to Basware CEO Jason Kurtz, the time for experimentation is over; executives expect concrete results."
"The figures show that organizations that use AI in a targeted manner achieve better results. The average return on AI investments rose from 35 to 67 percent last year. Companies that use agentic AI via existing platforms with built-in AI agents even achieve an average return of around 80 percent. For many finance teams, the first application of AI is in accounts payable processes, often the most manual and data-driven part of the finance function."
Financial leaders face growing pressure from boards and executives to deploy AI within financial processes. Many organizations are primarily experimenting with AI without a clear picture of practical application or return on investment. Sixty-one percent are trying self-developed AI agents to explore capabilities, and twenty-five percent do not yet fully understand what an AI agent looks like in practice. Two-thirds view agentic AI as currently more hyped than previous technologies, while three-quarters are still discovering effective uses. Average returns on AI investments rose from 35 to 67 percent, with platform-based agentic AI reaching about 80 percent. Seventy-two percent identify accounts payable as the most logical starting point.
Read at Techzine Global
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