Artificial Intelligence

Adding Artificial Intelligence In to The Mix To Make It Even Better!

February 01, 2019


“Our intelligence is what makes us human, and AI is an extension of that quality.”

Yann LeCun

One of the major advantages of technology and the one that is going to completely transform our lives for better is Artificial Intelligence. It is the future and that’s why all the major companies are embracing it.

Every industry is trying as much as possible to embrace AI in their daily operations as it has helped accomplish what couldn’t have been achieved for many years. AI works to the advantage of the customer by delivering exactly what the customer wants in a very simplified manner.

So What Exactly Is Artificial Intelligence?

AI is a wide subject and there are various definitions.

According to Merriam-Webster dictionary, it is a branch of computer science dealing with the simulation of intelligent behavior in computers. It is the the capability of a machine to imitate intelligent human behavior.

In a nutshell, it is like giving the computers our human brains. They can reason like us and make accurate decisions better than we would have done.

Good News!! We Have AI in Our Product

Before coming up with Vapor, we conducted a detailed study in the market and understood what you, as a customer, really want. We wanted to come up with something so unique that no other providers have been able to produce.

We decided to meet you right at your point of need by providing one product that could answer all your problems. We have a system that automates all the recurring jobs and lets you focus on growing your business while we take care of the rest.

The answer to this was incorporating Artificial Intelligence in the following key areas:

  1. Predictions
  2. We help you make correct predictions based on the previous trends. For example; the system automatically analyses the invoices sent to one customer in the previous months, the amount therein and thus helps you make accurate future predictions.

    This is also applied in the case of vendors. The system analyses the trends in payment for the previous month and then give you a prediction of what you expect to pay them in future. All these processes are automatically trained in the system and there is no calculation required from your end. Just sit and watch the system do the magic for you.

    The advantages of this include:

    1. It will be very helpful in preparing budgets, projection, estimates etc.
    2. The user will be to forecast the funds, cashflow and the level of transactions.
  3. Identification of fields in pdf or other suitable format scanned docs
  4. This is one of the features that will make you absolutely love Vapor. We understand how tiresome it can be to manually transfer data from one file to enter into another. But thanks to AI, you don’t have to sweat anymore.

    Take for example you have data contained in a pdf file that needs to be entered in a form to generate invoice. It can be really tedious if you have to manually enter this data especially when working with huge data.

    The AI in our system has taken this a step higher. You just need to provide the pdf file and the system scans for the required data, picks it and automatically fills the respective fields.

    This also works for images. When you provide an image with the data you want processed, the system automatically reads it and inputs the data into a form like in the generation of an invoice.

    This is a cutting-edge innovation that will greatly improve the general efficiency at your workplace.

    1. It will be extremely helpful when it comes to filling any kind of forms automatically. Data entry is one of the most time-consuming processes and that’s why we want to free up this time for you to focus on other important issues.
      You can have instant filling of different forms and documents such as invoices, bills, check, expenses, journals etc.
      Whatever used to take several minutes or hours to fill is now just a matter of a few clicks.
    2. Any business thrives on invoices. As your business grows, you realize there are so many cases that you want to record the invoices. Doing this manually is not only time consuming but also subject to human errors.
      This system is your life saver as eliminates this threat from you and completely transforms how you conduct your business.

Why This Is A Game Changer

According to Forbes, from 2019 every industry will have fully adopted AI in its operations. Many key figures I’ve put their weight behind this revolutionary innovation. It is being termed as the epitome of human intelligence.

Every tech company is trying to come up with super intelligent systems that simplify the processes even further. This is not only in tech related fields but also in others sectors like agriculture, transport etc.

One sector that needs to fully take advantage of this innovation is the business sector and especially accounting as it forms the basis of the business and in turn the general economy.

This shows you how the future looks like and we also understand this and that’s why we don’t want you to be left behind. We want to keep you abreast with the latest trend in the market while still maintaining the core values of accounting.

Getting this amazing system from us ensures that you are steps ahead of your competitors and we are working to make it even better.

The good thing is that all these added features won’t hurt your pocket. Regardless of these super additions, we have not hiked the price. Instead, we just wanted to make them as a bonus to our esteemed customers while maintaining our affordable price.

The time to take your business to the next level without hurting your budget is now. Get the best deal today, don’t be left behind! Learn more about it here.


ABOUT THE AUTHOR

Jeremiah Mombo is a freelance Blog writer based in Toronto, Canada.


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