Reduce Cost & Increase Profits
How Involving AI Creates Redundancy & Drives Cost Savings for the Short and Long Term
Data Entry & Administrative Roles
(Savings Potential - 30-60%)
- Before Involving AI: Data entry clerks, invoice processors, document management staff.
- Involving AI Solution: Optical Character Recognition (OCR) and Intelligent Document Processing (IDP) automate data extraction, invoice processing, and document organization. Robotic Process Automation (RPA) handles repetitive administrative tasks.
- Savings: Reduced labor costs, fewer errors, faster processing times
Finance & Accounting
(Savings Potential - 15-25%)
- Before Involving AI: Accounts payable/receivable clerks, financial analysts (for routine reporting).
- Involving AI Solution: AI-powered accounting software automates reconciliation, AI-driven analytics provide insights.
- Savings: Reduced labor costs, improved accuracy.
Customer Service
(Savings Potential - 20-40%)
- Before Involving AI: Large teams of customer service representatives handling routine inquiries.
- Involving AI Solution: AI-powered chatbots and virtual assistants handle a significant portion of customer interactions.
- Savings: Reduced labor costs, improved customer service availability (24/7), lower training expenses
Sales & Marketing
(Savings Potential - 15-30%)
- Before Involving AI: Marketing analysts, lead generation specialists.
- Involving AI Solution: AI-powered marketing automation platforms optimize campaigns, AI-driven lead scoring prioritizes leads.
- Savings: Reduced marketing spend, increased conversion rates.
Process Optimization & Efficiency Gains
(Savings Potential - 10-15%)
- Before Involving AI: Manual reactive process adjustments based on experience and limited data. Inefficiencies, bottlenecks, and high waste levels.
- Involving AI Solutions: AI analyzes production while predicting and scheduling job completion which allows output data to proactively identify bottlenecks and optimize process parameters in real-time.
- Savings: Increased speed of production, reduced waste in time and materials, optimal energy usage.
Supply Chain Optimization
(Savings Potential - 15-25%)
- Before Involving AI: Manual inventory management, reactive responses to supply chain disruptions, and limited visibility into supplier performance.
- Involving AI Solutions: AI analyzes data on inventory levels, demand forecasts, supplier performance and transportation costs to optimize the entire supply chain.
- Savings: Reduced inventory cost with minimal excess products, proactively identify and mitigate supply chain risks