AI, that Generates Cash

Since November 2022, the world of tech is abuzz with terms like Generative AI, LLM and GPT models even though backward propagation models were in existence for a while. The recent interest in Artificial intelligence and what all it can resolve for business and humanity is electric. 

Just recently, OpenAI CEO Sam Altman demonstrated to an audience of AI geeks how you can create a custom GPT within 4 minutes. What this means is that anyone can create a custom version of a GPT for their own individual use and creating them is possible with simple text instructions, without any knowledge of coding. 

For example, I can create one as my personal sales coach, specific to my needs and requirements completely customized to my career, personality and professional goals. This is how far Backward Propagation Systems, the core method underneath GPT models, has reached. 

Generative AI or something more? 

The Generative AI storm, compelled technology and services providers to find use cases, integrate GPT models within their own existing solutions and some players took a giant leap in the same pursuit. 

A classic example is Now Assist by platform player Servicenow- which is an interactive Chatbot, which can create custom applications within Servicenow basis your conversational commands, and indeed it gives you a preview within the chatbot window itself, asking if you would like to test and deploy, and then executes your option in a live environment. 

This isn’t just Generative- this is Interactive AI- smart bots that can carry out tasks you set for them by calling on other software or maybe even people. 

This is what Deepmind’s co-founder, Mustafa Suleyman called -”a profound moment in the history of technology.” 

AI-that Generates Cash

Right from identifying proteins to build the right vaccines to determining best targets during a combat operation, there is a phenomenal experimentation with AI as a technology.

But what about the core needs of an enterprise during the current polycrisis? Enterprises across the world are facing multiple challenges at the same time - disruptive supply chains, ongoing wars in different regions, rising interest rates, inflationary pressures and operating model disruptions caused by technological development.

In an environment like this - one of the biggest challenges that enterprises are facing is on the cash flow front. Is there an AI solution - that can help generate cash? 

Maybe there is. With Pinaka AI - that’s exactly what we set ourselves up for. 

Pinaka is a cutting edge AI engine, which predicts the customer invoice and payment issues in advance, for B2B scenarios with 90% accuracy. 

More than 2.5 billion B2B transactions get processed everyday, out of which 40% get paid late and 6% never get paid at all and turn into bad debts. Pinaka provides the time advantage for such scenarios, as if the seller knows in advance, what challenges will obstruct timely and effective payment on the order day itself- they have the time, opportunity and power to influence the same. A reduced service cost of receivables, accelerated revenue and improved DSO are added benefits. 

To know more about Pinaka and how this AI can Generate Cash for you, reach out to me at: mufaddal@pinakaai.com 

Mufaddal Enayet Dhorajiwala