How AI can Save Businesses that are Overspending?


Terrypresent

Uploaded on Dec 9, 2019

Presentation on "How AI Can Save Businesses that are Overspending?"

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How AI can Save Businesses that are Overspending?

How AI can Save Businesses that are Overspending? Virtual Assistance  Intelligent systems and chatbots powered by AI can assist customers and their queries efficiently with hardly any human interference. This reduces costs for customer service. b360nepal.com Lower requirement of employees  With AI, less number of employees will be needed as most processes and tasks will be done by the smart systems. futureoflife.org Automation  Artificial Intelligence is used to automate most routine and important tasks. Eliminating human interference means no human error and efficiency is more. datamation.com Reducing time spent  With AI being capable to do most works quickly and they do not require rest or food like humans, work will be completed faster, hence saving costs for the business. surveycto.com Spending Analysis  AI systems can also be used to analyze the company’s budget, costs and expenditure; where is it spending needlessly and how can spending be improved. glamour.com Improve Sales and Marketing  With AI taking over sales and marketing, costs of the business spent for unfruitful marketing campaigns will not be a case, because AI employs best methods and strategies of marketing. wired.co.uk More productivity  Automated workflows will lead to better productivity, thereby increasing profits as well as reducing overall cost for the business. smacar.com Reduced operation costs  With the help of AI, your business will spend less on employee salary and benefits, maintenance costs, office rent and so on. smacar.com