Aeries Technology shares surge 12.23% after-hours after completing AI-powered AP automation proof of concept with 60% processing time reduction and 70% accuracy.

Aeries Technology surged 12.23% in after-hours trading following the announcement of a successful three-month proof of concept with a major healthcare client, demonstrating a 60% reduction in accounts payable processing time and 70% document field extraction accuracy using Azure AI. The results validate the company’s consulting-led AI deployment model and align with the projected $7.1B global AP automation market by 2030. The news reinforced Aeries’ positioning in AI-driven business transformation, particularly for enterprises seeking risk-mitigated AI adoption. While Q2 earnings showed modest revenue growth but an EPS shortfall, the after-hours rally was directly tied to the positive proof-of-concept outcome and market expansion potential.