LZGI - FatBrain Is Providing Real-Time Strategic Cash Management For SMEs
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By Faith Ashmore, Benzinga
Forsmall-to-medium-sized enterprises, also known as SMEs, protecting,predicting, and increasing cash flow is the lifeboat that will allow abusiness to succeed and flourish. However, data collection andanalysis is essential to understanding cash management, and not everySME has the resources to predict accurately.
SMEsactually make up over 90% of businesses around the world andapproximately half of employment. In the U.S., SMEs account for 44% ofall US economic activity and produce the bulk of GDP output. SMEs area huge part of the economy but are fundamentally lacking the tools tocompete with larger companies that use AI and outsource accountingconcerns to entire teams of specialists.
FatBrain AI (LZG International, Inc.)(OTCQB: LZGI) (“FatBrain”) is looking to change this reality anduse AI to give SMEs an edge to succeed in cash management.
FatBrain is known forwidening AI options for SMEs. The company has created a RansomProof AIsoftware that ensures small businesses will be safe fromcyberattacks; the free program is leveling the playing field betweenbig businesses and SMEs. FatBrain has also launched an FX Transaction product that allows SMEs to optimize their foreign transactions and savemoney.
Recently,FatBrain acquired FinTech Alliance company, Predictive Black. Predictive Black supports SMEs in the UK with real-time cashmanagement and financial insights, which helps promote overallbusiness wellness. The SaaS platform uses AI to forecast revenue,costs, and cash for SMEs.
Why Is Predicting Revenue, Costs, AndCash Important For SMEs
SMEs oftentimes do not have the same emergency infrastructureas larger corporations and as such, they are more vulnerable tofluctuating economic changes. Whereas large companies like Microsoft(NASDAQ: MSFT), IBM (NYSE: IBM), and Nvidia (NASDAQ: NVDA) may haveentire teams dedicated to making sense of economic data and planningaccordingly, SMEs may not have the manpower or expertise to excel atpredictive treasury management.
This is where FatBrain’s PredictiveBlack comes in. Predictive Black uses the latest AI to compilerelevant industry and market data based on a company’s sector,peers, clients, and suppliers. The AI then creates a baseline andusers have access to a “Scenario Planning” function that allowsfor “what-if” scenarios to be calculated and accounted for. Forexample, you can calculate if a supplier increases their prices or ifyou lose a few clients and how that impacts your revenue.
Each function isdesigned to improve speed, reduce risk and analyze real-time cashdata?. These tools can provide ease of mind for SMEs and give themthe analysis needed to make safe and sound business decisions.
This article wasoriginally published on Benzinga here .
FatBrainAI (LZG International, Inc.; OTC: LZGI) is the first and leadingprovider of powerful and easy-to-use AI solutions to millions ofbusinesses of tomorrow driving the majority of the global economy,empowering them to grow, innovate faster and savemoney. FatBrain’sinnovative solutions transform continuous learning, narrativereasoning, cloud, blockchain and Web3 technologies into auditable,explainable and easy to integrate products. FatBrain’ssubscriptionmodel allows all companies to deploy its advanced AI solutions quicklyand easily, securely utilizing them on premises behind their firewallsor via cloud. The AI 2.0 pioneered by our teams is like WAZE forbusiness growth, using advanced peerdynamics technology toautomatically learn patterns from individual and peer behavior. Thisallows us to deliver coached, personalized AI solutions at hyperscale.
FatBrain unifies insights from SaaS applications,turbo-charged by peer and market dynamics:
1) Realizeattainable goals from explainable peerperformance.
2)Turbo-charge human expertise withsuperhuman AI insights.
3) Accelerate growth through thecontributory network effects.
4) Simplify harnessing dataacross common apps and market signals.
This post containssponsored advertising content. This content is for informationalpurposes only and is not intended to be investingadvice.
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