"From AI tools to automation platforms, software now powers almost every part of the operations but that progress comes with a cost. As budgets rise, so does the pressure to make every dollar count. In fact, 71% of Canadian SMBs are already using AI and automation tools (source: Microsoft), and 69% plan to increase software spend this year (source: Capterra). With 75% expecting to boost their tech investments again in 2025 (source: Microsoft),"
"The unfortunate truth is that over 62% of Canadian businesses expect cost-related obstacles in the second half of 2025, primarily citing inflation and the rising cost of inputs like software and labour (source: StatCan). This environment, defined by rising tech spend and tightening margins, means finance teams can no longer afford to treat software costs as an unavoidable expense. They need smarter strategies to recapture value on the tools that keep them competitive."
Canadian small businesses are investing more than ever in technology, with AI and automation powering nearly every operation. Seventy-one percent already use AI and automation tools, 69% plan to increase software spending this year, and 75% expect further boosts in 2025. Over 62% anticipate cost-related obstacles in late 2025 due to inflation and rising software and labour costs. Finance teams must treat software costs strategically to recapture value. Programs like Mastercard's Easy Savings Specials and modern spend platforms with financial rewards can deliver quicker ROI, while Venn's 2% interest on balances offers passive returns.
Read at www.startupcan.ca
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