15th-Oct-2025 โข Mohamed Hassan โข AI
Welcome, small business owners! You're likely juggling multiple tasks daily, seeking ways to streamline operations and boost productivity. One powerful tool that could revolutionize your business is Artificial Intelligence (AI).
AI has been a buzzword in the tech world for quite some time now, but many small and medium enterprises (SMEs) in Kenya may not have fully tapped into its potential. However, embracing AI can offer significant advantages for your business.
AI-powered tools like Lipabiz can automate routine tasks such as invoicing, payroll, and inventory management, freeing up valuable time for you to focus on core business activities. For instance, a study by Deloitte found that companies using AI for finance operations reported a 60% improvement in productivity.
AI can help create a more personalized customer experience, enhancing customer loyalty. By analyzing customer data, AI algorithms can predict preferences and suggest tailored products or services. A survey by Salesforce revealed that 58% of customers are willing to share their data to receive personalized offers.
AI can help analyze vast amounts of data quickly, providing insights that might go unnoticed. These insights can inform strategic decision-making and help businesses stay competitive. A report by McKinsey found that companies using AI for decision making were more likely to see above-average profits.