Finance leaders are driving ROI using agentic AI for accounts payable automation, turning manual tasks into autonomous workflows.
While general AI projects saw return on investment rise to 67 percent last year, autonomous agents delivered an average ROI of 80 percent by handling complex processes without human intervention. This performance gap demands a change in how CIOs allocate automation budgets.
Agentic AI systems are now advancing the enterprise from theoretical value to hard returns. Unlike generative tools that summarise data or draft text, these agents execute workflows within strict rules and approval thresholds.
Boardroom pressure drives this pivot. A report by Basware and FT Longitude finds nearly half of CFOs face demands from leadership to implement AI across their operations. Yet 61 percent of finance leaders admit their organisations rolled out custom-developed AI agents largely as experiments to test capabilities rather than to solve business problems.
These experiments often fail to pay off. Traditional AI models generate insights or predictions that require human interpretation. Agentic systems close the gap between insight and action by embedding decisions directly into the workflow.
Jason Kurtz, CEO of Basware, explains that patience for unstructured experimentation is running low. “We’ve reached a tipping point where boards and CEOs are done with AI experiments and expecting real results,” he says. “AI for AI’s sake is a waste.”
Accounts payable as the proving ground for agentic AI in finance
Finance departments now direct these agents toward high-volume, rules-based environments. Accounts payable (AP) is the primary use case, with 72 percent of finance leaders viewing it as the obvious starting point. The process fits agentic deployment because it involves structured data: invoices enter, require cleaning and compliance checks, and result in a payment booking.
Teams use agents to automate invoice capture and data entry, a daily task for 20 percent of leaders. Other live deployments include detecting duplicate invoices, identifying fraud, and reducing overpayments. These are not hypothetical applications; they represent tasks where an algorithm functions with high autonomy when parameters are correct.
Success in this sector relies on data quality. Basware trains its systems on a dataset of more than two billion processed invoices to deliver context-aware predictions. This structured data allows the system to differentiate between legitimate anomalies and errors without human oversight.
Kevin Kamau, Director of Product Management for Data and AI at Basware, describes AP as a “proving ground” because it combines scale, control, and accountability in a way few other finance processes can.
The build versus buy decision matrix
Technology leaders must next decide how to procure these capabilities. The term “agent” currently covers everything from simple workflow scripts to complex autonomous systems, which complicates…
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We blogs.grocliq.com want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at [email protected]