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Why do businesses have to act quickly and get AI to take care of operations for them?

Conversational AI tools like ChatGPT are just the tip of the AI transformation iceberg that’s lurking around the corner. A lot of processes including marketing and sales to finance, and operations can be made a lot faster and more efficient with the right AI tools and with the right model training. In the AI race that’s about to begin, it’s either adopt, or be antiquated.

Why do businesses have to act quickly and get AI to take care of operations for them?
Conversational AI tools like ChatGPT are just the tip of the AI transformation iceberg that’s lurking around the corner. A lot of processes including marketing and sales to finance, and operations can be made a lot faster and more efficient with the right AI tools and with the right model training. In the AI race that’s about to begin, it’s either adopt, or be antiquated.
How practical is an AI-enabled business model?
The beauty of AI is there’s no complicated UI, it might as well be simple chatbots that answer natural language queries. From virtual assistants to conversational chatbots, AI is capable of simplifying all rule-based processes like Risk prediction, investment modeling, fraud prevention, compliance automation, trading strategy generation, credit underwriting and more.

Why do businesses have to act quickly and get AI to take care of operations for them?

Conversational AI tools like ChatGPT are just the tip of the AI transformation iceberg that’s lurking around the corner. A lot of processes including marketing and sales to finance, and operations can be made a lot faster and more efficient with the right AI tools and with the right model training. In the AI race that’s about to begin, it’s either adopt, or be antiquated.

How practical is an AI-enabled business model?

The beauty of AI is there’s no complicated UI, it might as well be simple chatbots that answer natural language queries. From virtual assistants to conversational chatbots, AI is capable of simplifying all rule-based processes like Risk prediction, investment modeling, fraud prevention, compliance automation, trading strategy generation, credit underwriting and more.

Business processes that can be made 10X more optimal with the help of AI

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Customer Service

Virtual assistants and chatbots can automate customer service and support. This can help companies save time and money, while also improving response times and customer satisfaction.

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Sales and Marketing

From analyzing customer data to provide insights that help improve sales and marketing efforts, AI can help with advanced analytics. Like predicting customer behaviour, text analysis, sentiment analysis, identifying new target audiences, and creating personalized marketing campaigns.

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Supply Chain Management

AI can be used to optimize supply chain operations by predicting demand, optimizing inventory levels, and improving logistics and delivery. This can help companies reduce costs, improve efficiency, and enhance customer satisfaction.

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Finance and Accounting

AI can be used to automate financial and accounting tasks such as invoice processing, expense management, and financial analysis. This can help companies save time and reduce errors, while also improving financial reporting and analysis.

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Human Resources

AI can be used to automate and streamline HR processes such as recruiting, onboarding, and employee engagement. This can help companies save time and reduce costs, while also improving the overall employee experience.

Expert GPT Services for Your Business: Advise, Build, Manage, and Educate
Educate
What is GPT? And how different is it from conventional AI?
How is it impacting the industry?
What are some market insights and opportunities?
How Secure is it? Will data be exposed?
How Reliable are the results?
What CAN and CAN’T it do?
What SHOULD and SHOULDN’T you use it for?
Advise
How will GPT impact your business?
Which internal functions can be automated?
Which external offerings will become obsolete?
What is going on in your industry?
What are your competitors doing?
What should you do?
How to protect your existing offerings from this new technology?
What new offerings can you quickly build leveraging this new technology?
How can you start?
Which implementation architecture is safe?
How to optimize cost?
Build
Project Plan
Data Architecture (with Privacy, Security and Integrations)
App Architecture (with access control, plugins)
Development on suitable cloud infrastructure
Deploy with CICD pipelines
Manage
Maintain app patches and upgrades
Maintain data access controls
Maintain infrastructure availability (five 9s)
24/7 support with 90 minute response time
Revolutionizing Financial Analysis

Market Research

What?

Help financial institutions to stay up-to-date on market developments and make more informed investment decisions. 

How?

Help financial institutions to stay up-to-date on market developments and make more informed investment decisions. 

Customer Service Chatbot

What?

Help financial institutions to provide high-quality customer service at scale. 

How?

Develop conversational AI interfaces that can provide customers with personalized assistance, including answering questions, resolving issues, and providing personalized recommendations. 

Compliance monitoring

What?

Help financial institutions to provide high-quality customer service at scale.

How?

Analyze large volumes of data from various sources to detect patterns and anomalies that might indicate non-compliance, allowing institutions to take corrective action. 

Fraud detection

What?

Help financial institutions to detect and prevent fraud before it occurs. 

How?

Identify patterns of fraudulent behavior, such as unusual transaction activity or suspicious account behavior.

Credit underwriting

What?

Help financial institutions to automate and streamline the credit underwriting process. 

How?

Analyze credit applications and determine creditworthiness, based on factors like income, debt-to-income ratio, and credit history.

Risk management

What?

Help financial institutions to proactively manage risks and mitigate potential losses.

How?

Analyze financial data and identify potential risks, such as market fluctuations or changes in consumer behavior.

Be early adopters of the AI technology
Integrating AI into all possible areas in your business will help reduce redundancies, save cost and make a process a lot more efficient. While the technology is easy to use, the complexity of development and deployment still holds back a lot of small and medium-scale enterprises from fully embracing the technology.
At Data Crafters, our job as your AI and GPT consultants would be to identify gaps that AI will be able to fill in the whole business process of an enterprise, and develop applications, dashboards, chatbots and analytical tools powered by AI tailored for the enterprise.
Let’s talk AI. Get in touch with us
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