Using Automation & AI for Efficiency: Here’s How It Could Revolutionise Your Business

There’s undoubtedly a lot of interest in AI right now, with everyone hoping to do things better, in less time, and with less effort, ultimately improving their quality of life. But what if we told you that while many people discuss automation and AI for efficiency, most people tend to miss one of the most crucial improvements it can lead to: more happiness and productivity at work!

AI Is Not Just About Saving Time...

Last week, we discussed AI in financial administration, and explored how AI is neither a so-called magic wand nor a monster that’s going to take over everyone’s jobs. But there is something AI is certainly going to remove from our lives, and we will be extremely grateful for it... 

AI is going to help us remove the things we hate doing from our to-do list.

Let’s be honest here, we all try to avoid that which we don’t enjoy; it’s human nature. But the reality is that many jobs and industries rely on repetitive, soul-sucking tasks: 

• Where would the clothing industry be without people sewing on buttons? 
• How much easier would things be for criminals if police officers didn’t spend hours poring over CCTV footage? 
• How could the financial industry operate without the drudgery of collecting and categorising data?

Yet, for all this, many financial businesses have not yet taken the plunge, and the reason is simple: moving from the known to the unknown can be intimidating.

What’s Holding You Back From Using Automation & AI For Efficiency?

Every revolution has to begin with a small group of early adopters... And, in the case of using automation and AI for efficiency, that revolution is burning a bit brighter every day. Even so, you still have the opportunity to be a leader and etch out an advantage over your competitors.

• Imagine not having to collect data from brokers, exchanges, and banks manually.
• Imagine not needing to compile complex Excel sheets with endless data.
• Imagine not having to create reports manually.
• Imagine not having to keep your eyes peeled for every small change in the market.

And that’s just the beginning!

Using Automation & AI for Efficiency Is Just One Choice Away

Setting up such a system with Wakett isn’t hard. But we know what you’re thinking: that it’s expensive. That it’s time-consuming. That your team will require a lot of training. All that isn’t true, but there are some questions we believe you should ask yourself first: 

1. What level of efficiency do I, we, want to achieve?
2. How would achieving that level of efficiency change my business and improve things for my team and my clients?
3. And, with that in mind, am I really willing to hold off because of fear or lack of time?

Our advice on all this is simple: if you feel that your daily work is inefficient and you’re constantly short of time, pause for a moment and look at things differently because chances are your day is full of tasks that could be delegated or automated via AI. 

Whether you’re ready to take the leap of faith, or just want to know more about how AI and automation can help you improve your efficiency, get in touch with us!