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Without AI, SMEs lose up to 80% of information

News writer by News writer
July 11, 2022
in Technology
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Without AI SMEs lose up to of information

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Without AI, SMEs lose up to 80% of information
is the headline of the news that the author of WTM News has collected this article. Stay tuned to WTM News to stay up to date with the latest news on this topic. We ask you to follow us on social networks.

SMEs and AI

Automated processes with AI can save SMEs a lot of time and money. And it is that, 75% of the hours dedicated to administrative procedures in companies could be automated reducing expenses, time, errors and avoiding stoppages.

For this reason, GOWtech makes available, free of charge, a web application that uses AI, where SMEs can test, for example, how to extract data from a photograph of the DNI, the vehicle’s technical sheet, the job payroll, bank receipt…

“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,” explains Isidoro López-Briones Santos, responsible for digital technology strategies at GOWtech.

AI for SMEs

GOWtech launches a free app for companies to test Artificial Intelligence in their management and documentation processes.

SMEs lose up to 75% of their time and 80% of their information without AI

And it is that, having the digital document is not having the information in the system. For example, if a company receives invoices in PDF, it will be able to manage them more comfortably than if they are a pile of paper, but what it really needs to be able to do the accounting is for the data of that invoice to be in the computer system, for this you have to extract the data and put it into the system.

Once the data is entered into the system, the possibilities of automating additional tasks are enormous and if we add Artificial Intelligence again, we can apply more automations and draw new conclusions that would not otherwise be possible or would be very complicated.

Source: revistabyte.es

Tags: informationloseSMEs
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