LZGI - Small And Medium Sized Businesses Are Losing Money When They Send Funds Overseas
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For every company,protecting and increasing cash flow is one of the main concerns.However, so many companies do not have the resources to properlyevaluate where they have unnecessary losses and how to optimizesystems to increase their cash flow. This is especially true of smalland medium-sized enterprises, also known as SMEs.
SMEsmake up over 90% of businesses around the world andapproximately half of employment. In the U.S., SMEs account for 44% ofall U.S. economic activity and produce the bulk of GDP output.
SMEs are crucial to theeconomy but that doesn’t mean they always have the necessary supportto excel in the growing technological world. Artificial Intelligence(AI) and big data have the potential to revolutionize the workforce.These technologies are able to increase efficiency and diversifyrevenue streams, among other things. However, the companies utilizingthese technologies are often large enterprises like Microsoft (NASDAQ: MSFT), IBM (NYSE: IBM), and Nvidia (NASDAQ:NVDA) and government agencies.
FatBrain AI (LZG International, Inc.)(OTCQB: LZGI) (“FatBrain”) is looking to change this status quo.FatBrain markets itself as “AI for Everyone” and caters to SMEs.The company is interested in simplifying decision-making for SMEs andgiving them the power to harness big data and AI to grow and expandtheir businesses.
FatBrain believes that SMEs often do not have the manpower orcapital to derive plausible solutions for their business because thereis too much data and too many variables to contend with. This is whereAI comes into play. AI allows these businesses to make effectivechanges toward growth and efficiency without depleting theirresources.
Forexample, one product the company offers is its FX TransactionOffering . Its program, FatBrain FX Fair Value Report (FVR)reviews your foreign exchange (FX) transactions and performs possiblesavings calculations. Accordingto the International Monetary Fund , banks charge up to 25xmore in transaction costs than the market FX rate. This impacts thebottom line of SMEs that engage in global commerce.
FatBrain is an expert inforeign exchange and international payment services; the company hasworked across a diverse amount of sectors that engage in globalcommerce and has helped companies find the most competitive rates ofexchange along with recommending hedging strategies.
FatBrain uses itscutting-edge AI for in-depth analysis of a company's historicaltransactions to identify FX cycles. From there, FatBrain makesrecommendations and provides expert coaching to anticipate currencydynamics and match the company’s purchase cycles to unlock FXtransaction savings. For SMEs, this makes a world ofdifference.
FatBrain AI (LZG International, Inc.; OTC: LZGI)is the first and leading provider of powerful and easy-to-use AIsolutions to millions of businesses of tomorrow driving the majorityof the global economy, empowering them to grow, innovate faster andsavemoney. FatBrain’s innovative solutions transform continuouslearning, narrative reasoning, cloud, blockchain and Web3 technologiesinto auditable, explainable and easy to integrate products.FatBrain’ssubscription model allows all companies to deploy itsadvanced AI solutions quickly and easily, securely utilizing them onpremises behind their firewalls or via cloud. The AI 2.0 pioneered byour teams is like WAZE for business growth, using advancedpeerdynamics technology to automatically learn patterns fromindividual and peer behavior. This allows us to deliver coached,personalized AI solutions at hyperscale.
FatBrainunifies insights from SaaS applications, turbo-charged by peer andmarket dynamics:
1) Realize attainable goals fromexplainable peer performance.
2)Turbo-charge humanexpertise with superhuman AI insights.
3) Accelerategrowth through the contributory network effects.
4)Simplify harnessing data across common apps and marketsignals.
This post contains sponsored advertisingcontent. This content is for informational purposes only and is notintended to be investing advice.
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