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SMEs lose up to 75% of their time without Artificial Intelligence

75% of the hours dedicated to administrative procedures in SMEs could be automated, reducing expenses, time, errors and avoiding stoppages, according to the platform, GOWtech. 80% of the company’s information is in unstructured data, that is, they are not kept in the system in a recognized and easily accessible way, as is the case with emails, Whatsapp, text documents, calculations, PDFs and images, among others. The vast majority of the data is in the system in an unusable way to be able to work, wasting it.

Artificial intelligence, key to data management

It is not very productive to have personnel dedicated to reviewing invoices, budgets, delivery notes, orders, contracts, deeds, DNIs, catalogues, proof of payment… and to which the specific documents for each sector will be added on which to carry out the classification work, extracting, copying and inserting the data in the system. especially when possible automate or semi-automate tasks with the support of AI (Artificial Intelligence). 75% of the hours dedicated to administrative procedures like these could be automated.

We live in an age where some 7,000 million daily messages between emails and social networks. Between these messages and those written on the web there is valuable information for the company, from data contained in the texts or attached documents, to opinions that must be taken into account to improve a service. AI can also help collect that information for the business.

In this stage, «Companies must have a mechanism to be able to automatically manage information from unstructured data, promote human creativity among their employees, as well as seek the added value they can bring to the company, delegating the tasks of machines to the robots and applications»Explain Isidoro Lopez-Briones Santos, responsible for digital technology strategies at GOWtech.

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Automatic processes with Artificial Intelligence They can save companies a lot of time and money. They can work 24 hours a day, 365 days a year, at prices of just a few cents per operation, which means costs 4 times lower than that of a person, in less time and without downtime.

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