Reimagining Finance: AI, Spend Agility & Growth at the Zaggle SpendSmart Summit, Mumbai 

The Zaggle SpendSmart Summit held in Mumbai was an evening full of enlightening discussions, cutting-edge insights, and a shared vision for the future of finance. The event brought together top industry leaders, finance experts, and decision-makers to discuss key strategies for navigating the evolving financial landscape. 

The evening kicked off with an impactful keynote by Ankit Jain, CFO of PharmEasy, who delved into the crucial topic of AI in Finance. Ankit Jain highlighted how AI in Finance is not just a trend but a full-scale transformation. With AI-driven financial automation projected to grow to $326 billion by 2032 at a CAGR of 32.5%, businesses must adapt or risk falling behind. 

He outlined the evolution of finance from manual processes to AI-powered automation, emphasizing how technologies like big data, blockchain, and predictive analytics are revolutionizing financial decision-making. The keynote also covered real-world examples, including PharmEasy’s AI-powered financial reconciliation, which streamlined 8M+ transactions annually, enhanced cash flow visibility, and achieved 99.5% auto-reconciliation accuracy. 

The session underscored that embracing AI, hyper-automation, and real-time insights is no longer optional but a necessity for businesses looking to drive efficiency, optimize spends, and stay future-ready. 

Following the keynote, the stage was set for an engaging panel discussion on Finance 2025: Embracing AI, Spend Agility & Future-Proofing Organizations. The panel featured a distinguished group of experts: 

• Kailash Varodia, CFO, RXIL 

• Raghupati Mishra, President and Country CFO, Liberty House Group India 

• Devi Dayal Garg, CFO, Future Generali India 

• Sambasivan G, CFO, Tata Play 

• Shilpa Joshi, Whole Time Director and CFO, Novartis India 

Moderated by Himanshu Singh, SVP & Business Head – EMS & Solution Engineering at Zaggle, the discussion centered around the future of finance, focusing on AI’s impact on spend agility, and how businesses can future-proof themselves in a rapidly changing world. The panelists shared their invaluable perspectives on optimizing spending, enhancing operational efficiency, and navigating the challenges posed by financial uncertainties. 

A key highlight of the discussion was the role of spend management solutions in streamlining financial operations and driving efficiency. The conversation emphasized how businesses can leverage automation and AI-driven insights to manage expenses effectively, enhance control over financial processes, and adapt to changing market dynamics. 

Throughout the session, the emphasis was placed on the importance of adapting to new technologies while also ensuring businesses remain agile and prepared for the evolving financial landscape. The conversation was rich with real-world examples, case studies, and actionable insights that can help businesses take smarter financial decisions and drive long-term growth. 

A huge thank you to all the panelists and attendees for making this a truly thought-provoking session. Your participation and insightful contributions helped make the event a remarkable success. 

We are excited to continue this journey of unlocking smarter financial strategies, embracing innovation, and shaping a future where businesses can thrive in an increasingly complex environment. 

Stay tuned for our next SpendSmart summit, where we will dive deeper into how businesses can drive innovation, efficiency, and smarter financial decision-making to stay ahead in this fast-evolving world. 

Catch a glimpse of the delightful evening in Mumbai!