Swedish businesses turn to outsourcing and hybrid tech to stay resilient under economic pressure, Wolters Kluwer research finds
WOLTERS KLUWER S/ADR (WTKWY)
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Source: Business Wire
Financial discipline, ongoing cyber security investment and selective AI adoption shape business decision-making in Sweden STOCKHOLM--(BUSINESS WIRE)--Wolters Kluwer Tax & Accounting today released its inaugural Future Ready Business report, revealing that businesses in Sweden are combining extensive outsourcing, hybrid technology environments and measured investment in AI to remain resilient, competitive and financially disciplined in one of Europe’s highest cost markets. The research shows that 85% of Swedish companies outsource at least one business function. More than half outsource bookkeeping (58%), accounting (55%) and payroll (53%), the highest rates in Europe, reflecting a deliberate strategy to keep internal teams lean while accessing specialist expertise as needed.“Swedish businesses are making deliberate, evidence led choices,” said Kristina Lagerstedt, Country Manager, Wolters Kluwer Tax & Accounting Sweden. “High levels of outsourcing, widespread hybrid architectures
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