How AI can help your business get off to a flyer

Is there a problem nowadays that AI cannot solve? In all honesty, there are not many it seems. By using algorithms and ploughing through copious amounts of data and applying learnings absorbed from them, AI can spot patterns and build instruction manual-like approaches to tackle certain tasks.

And, like human beings do, AI learns from experiences, so that it can apply a better approach should the same task arise again. While there is still a long way for AI to go and a lot to learn, many companies and individuals are already turning to AI to assist them with tasks that a human being is capable of doing, albeit a lot slower and potentially with more errors.

Many businesses are beginning to implement AI assisted services to streamline processes in the attempt to boost overall productivity by applying more focus and resources in more critical areas, while letting AI take on more of the work in the less critical departments.

Customer response is a good example of a service where AI can help customers solve their issues quicker. By creating AI-led responses, whether on the phone, email, or messaging on a website, businesses can also save money on staffing costs, which allows them to apply funding in other areas of the business.

Partner with AI from the beginning

It is not just larger businesses that can benefit massively from AI assistance. Freelancers or groups looking to start a small business have a dedicated business partner from the early makings in the form of AI. Whether it is a product or service that is being provided, AI can help get your idea off the ground in no time at all. The first step for most business ventures is to create a website, and this is something that can be outsourced right away to AI.

Your AI business partner is initially assigned as your AI website builder and can achieve this in impressive time. By communicating to your AI business partner what your business is, and any website preferences or keywords related to the operation, your AI business partner will get to work creating a unique website that will represent the commands and direction given. Voila! You immediately have a presence in the industry you are operating in. Of course, AI also knows the value of teamwork, and is happy for you to apply any finishing touches or edits to the website.

Streamline processes from day one!

For any business owner, the main ambition is to be successful by achieving any goals set. In the past, those objectives might have taken longer to achieve, due to all the manual work that had to be completed. Nowadays, business owners have the right to be hugely ambitious from day one due to the influence of AI. From building a website presence, AI can continue to assist you with administration, accounting, and many other aspects depending on what industry you are working in. In essence, AI acts as a virtual assistant, a tool that helps streamline key operational processes to optimise productivity in the workplace.

Administration

AI has not evolved to take over jobs from humans, despite what I, Robot depicted. It is there to aid us in our daily operations. Keeping employee and client records as well as archiving past work remains a day-to-day process for any business. On the admin front, there are many ways to use the capabilities of AI to your advantage. Mundane tasks such as maintaining calendars to send appropriate reminders for meetings can be managed by AI.

From any meetings, notes can be taken by the ever-developing voice-to-text software recognition system. And should you need to reach out to a customer base, AI can even act as a customer service-type response system, sending out emails or messages that takes into account the needs of a customer based on set commands clicked on or audibly given. AI’s ability to recognise patterns extremely quickly and organise them is a highly beneficial tool for administrative tasks that are often quite set and regular.

Accounting

Another extremely key aspect of business is the accounting. Whether you are a freelancer sending invoices to clients, or a larger entity employing people on a payroll, ensuring the cashflow is generated through punctual invoicing is essential. Here is where AI can also take some of the labour off your shoulders.

Tools nowadays can organise accounts and categorise certain transactions, expenses, or anything else related to the accounting side in a user-friendly manner, saving you precious time. Another fundamental part of business is tax. Although often quite tricky, AI can navigate any complexities to analyse, organise, and send any required data to ensure you remain the right side of the tax authorities. With this and other operational-related stress off your plate, you have the time and energy to really grow your business.