General Use
Besides the above industry specific use cases, AI finds a range of applications across various functions across a wide spectrum of industries and within an organization including Human Resources, Finance and Sales besides other functions. Some of the use cases include:
Human Resources - the most common AI use cases for HR function include:
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Talent Acquisition: For high volumes of recruitment, this helps with identifying the candidate fit
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Associate Engagement: Insights using NLP to analyze associate sentiments and organization climate
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Chatbots: To answer associate queries, explain process workflow and other FAQs freeing up HR time
Finance - popular AI use cases in finance functions include:
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Process automation by automating repetitive data entry tasks through RPAs.
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New deal profitability prediction over deal lifetime based on past contract performance and other data
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Extracting real intelligence from large volumes of data to balance revenues and profit
Sales function has a vast range of use cases for AI including:
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Demand forecasting based on customer data and prior sales outcomes
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Lead generation and Predictive lead scoring enabling right prioritization for sales representatives
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Sales contact analytics to predict the right sales behaviors to improve win rate
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Chat/ Email bots for engaging clients till the prospect is qualified.
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Sales call assistance and next step suggestion through post facto analysis of client conversation
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Sales Manager analytics and smart report on priority setting for reps and manager.
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Sales Process Automation through RPAs and enabling AI driven problem solving.