The Use of A.I in Business

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 Hey everyone!     Welcome back to my blog😁 Happy December! I hope you all opened the first day of your advent calendars today🎅  This week we are talking all about Artificial Intelligence and how you can use it to help your business! Science-fiction books and films feature artificial intelligence that are often smarter than humans. These genius robots and computers are either a blessing or a curse  😳 On the upside, A.I can be very useful for you business, here are just a few ways: Customer relationship management (CRM)  We have talked about CRM around here before, here's a link to my blog all about CRM, it's worth the read😁 https://rfennellydigitaleconomy23.blogspot.com/2023/10/salesforce-and-trailblazer.html CRM uses a thing called machine learning which uses data to get smarter over time, this means A.I can  learn all about your customers. With each visit, it can understand what they like and how they interact with your website, th...
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Introduction

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 Hey everybody! Welcome to my Digital Economy News 2023 blog. 

My name is Rachael, I'm a twenty-one year old, final year business student in Ireland. I'm currently studying a level 8 Bachelors of Business (Hons) in the Human Resource Management stream and as one of my modules I will be studying the Digital Economy. 

Briefly, the Digital Economy is a worldwide network of all things economic, including commercial transactions and professional interactions which are enabled through information systems and communication technologies.  

Earlier this year, I participated in a six-month student work placement in IFAC Ireland. IFAC is an Irish agri-focused accountancy firm. I was a member of the HR Services department. HR Services for those who do not know is an externally sourced service to provide human resource tools to small-medium enterprises e.g. contracts of employment, WRC inspection preparation assistance, work permit applications, access to templates and a helpdesk for legal advice and guidance. We used a software called DocuSign to assist us with all of this. DocuSign is an e-signature platform which allows businesses and individuals to legally fill out and sign forms. We used DocuSign daily internally within the business and with clients to receive details for contracts, applications and signatures. It was an amazing way to reduce waiting time and speed up processes for improved overall productivity.

My team worked alongside the Payroll Services department. I got some great experience at running fixed and variable payrolls through a software called BrightPay. BrightPay is an Irish payroll system to make things quick and easy. It automatically calculated deductions such as PAYE and PRSI by connecting to Revenue.ie. BrightPay also has a feature to send payslips to employers and employees immediately form the browser. This saved us a great amount of time, especially when working on 100's of accounts.



Overall, these software's helped improve our team's daily tasks which is just a glimpse into the great world of the Digital Economy!

Thanks for reading - Rachael. 





Comments

  1. William Halpin4 December 2023 at 03:33

    Great to learn a bit about you Rachael! A friend of mine also worked at IFAC.

    ReplyDelete

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