As the year draws to a close, you’re probably reviewing your plans for the company in 2025 and making decisions that will have an influence on the future in some way, shape or form. Now more than ever, it’s crucial as a business owner to take the wellbeing of your staff, both professionally and personally, seriously.
In our sector and wider, it can be easy to stick to the systems we know and think we can trust, despite the vast majority of finance professionals still being fearsome of today’s technology. We might not want to face the facts, but we do need to start considering adapting to the modern world and utilising tools that are rapidly becoming more important in our day to day lives, mainly Artificial Intelligence.
Believe it or not, Artificial Intelligence for financial advisors can absolutely become your best friend – automating your day to day tasks and saving time on admin burdens. Once you make use of it and see the ways it can impact your daily routine for yourself, you’ll realise there are positives to embrace, rather than to see AI in a negative light. Your team can focus on more strategic and valuable tasks rather than the mundane, repetitive ones that they would probably prefer not to do. Still hesitant? There are plenty of workshops and training courses online to ensure the wider organisation’s understanding of its necessity.
Not only is this sure to alleviate stress, but it will increase productivity company-wide, because your team can actually focus on their job. Just think of how beneficial this would be when it comes to year end. You can reduce the length of time you’re taking to collate reports from weeks to just days. If that won’t improve morale, then what will?
Think about it, whilst you’re well within your rights to believe that your legacy software’s performance is up to scratch with ERP solutions on the market, it honestly doesn’t even compare. Using technology that enables efficiency, in 2024, is what your staff are expecting to have access to. As well as new employees. You’ve got heaps of systems at your disposal nowadays, and not all of them are as expensive as you might think, like Aqilla. It’s just about doing some research and finding the right fit for your organisation – taking into consideration goals for the future, budgets and the size of your business.
Here are just a few reasons why balance and efficiency are important within finance:
So when thinking to the future, don’t forget to examine the incorporation of Artificial Intelligence and its perks surrounding balance and efficiency, after ensuring that your staff understand why AI is essential now, to guarantee success in 2025 and thereafter.
