Basware United Kingdom England United States of America

07.08.2025 - 18:06:39

AI Delivers $1.36 Return for Every $1 Invested, Basware Study Reveals

tool that allows users to ask questions around invoices. Using natural language processing, it allows them to get clear answers about their invoices and produce reports. It provides recommendations on how to improve AP processes and better manage working capital.

"InvoiceAI isn't just two new products - it's our framework for bringing AI advances directly into the invoice lifecycle as the technology evolves," added Jason Kurtz. "We're helping customers gain complete control of every invoice every time by staying ahead of whatever AI breakthrough comes next."

40 Years of Invoice Lifecycle Management Leadership

Basware is celebrating 40 years of Invoice Lifecycle Management. During the four decades, Basware has handled more than $10.1 trillion in business spend – more than the economic output of the UK, Japan, and Australia.

InvoiceAI is underpinned by real-world data, trained on over 2.3 billion invoices, to deliver ROI at scale for finance teams.

About Basware ?

Basware is how the world's best finance teams gain complete control of every invoice, every time. Our Intelligent Invoice Lifecycle Management platform ensures end-to-end efficiency, compliance and control for all invoice transactions. Powered by the world's most sophisticated invoice-centric AI – trained on over 2 billion invoices – Basware's Intelligent Automation drives real ROI by transforming finance operations. We serve 6,500+ customers globally and are trusted by industry leaders including DHL, Heineken and Sony. Fueled by 40 years of specialized expertise with $10 trillion in total spend handled, we are pioneering the next era of finance. With Basware, Now it all just happens.™?

Further AI to ROI Stats

Benefits of AI in AP: 93% said more accurate invoice coding and enrichment, 92% said faster identification of suspicious or fraudulent activity, 80% said reduced overpayments or duplicate payments. The number one goal of finance transformation for finance leaders is cost efficiency (32%). Lack of change management, budgets and strategy are hindering their ROI potential. CFOs are under pressure to make the right, targeted decisions to improve their transformation progress. Biggest barriers to finance transformation: 40% said a lack of change management capabilities, 33% said budget constraints, 31% said a lack of clear strategic vision for the future of the finance function.

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