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Pymnts

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Finance Teams Use AI to Enhance Visibility Amid Rising Tariff Pressures

  • American enterprises are facing tariff pressures and supply chain instability, leading to strategic decisions.
  • Despite ongoing uncertainties, most firms are hesitating to make major transformations but are opting for temporary measures like cost-cutting and pricing adjustments.
  • The majority of companies are addressing challenges through tighter partner coordination, smarter sourcing, and increased alignment between finance and procurement functions.
  • Firms are leveraging internal data and technology investments for better visibility and resilience, preparing for future transformations.

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