Basware’s AI agents: From invoicing to “100% automated”

AI News

by AI News

February 24, 2026

AI-Generated Deep Dive Summary

Basware has introduced AI agents to enhance its invoice lifecycle management platform, marking a significant step toward "Agentic Finance." This model aims to automate financial tasks using AI systems under preset controls, with the goal of achieving 100% automated, compliant, and secure invoice processing. Jason Kurtz, Basware's CEO, emphasizes that this shift will free up finance teams from repetitive tasks, enabling them to focus on strategic decision-making. The company has developed two agents for accounts payable: the AP Business Agent provides contextual guidance by recommending next steps based on transaction status, while the AP Data Agent allows users to query data using natural language, reducing routine follow-ups. The adoption of AI in financial functions is still evolving, with 61% of organizations experimenting with AI agents and many struggling to fully understand their practical application. Basware highlights the importance of governance and trust in AI systems, ensuring compliance and control through a central policy engine that applies business rules and risk thresholds. This approach allows AI to operate within established frameworks, maintaining human oversight while driving efficiency. Early adopters like Billerud have reported significant improvements in invoice quality and cost savings since implementing Basware's AI tools. Looking ahead, the company plans to expand its suite of agentic AIs, including agents for managing supplier disputes and processing queries. These advancements not only promise operational efficiency but also redefine how finance teams can leverage AI to achieve strategic outcomes, making this development a key milestone in the AI-driven transformation of financial processes.

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Originally published on AI News on 2/24/2026