AI-GENERATED FINANCIAL REPORTS FOR SMALL BUSINESSES

Smaller businesses are actually the backbone of the global economy but are deplorably underserved in terms of financial technology being forced to fall back on manual processing that is both time-consuming and error-prone. The not-for-profit initiative “AI- Generated Businesses” PCB “Smaller Business Financial Independence Initiative” to give it its full title and explanation that will be expounded on in due course in this report has the ambitious aim of fully addressing this issue first by automating those financial management activities that are currently most time-consuming but much more importantly allowing the businessman to take control of his financial destiny. The true innovation in the new system however lies in the intelligent multi-layered methodology that it incorporates.The seamless processing of information by the system which has intuitive ease and automated processing also has the backbone of accuracy and efficiency. To this backbone the predictive analytics engine or the machine-learning algorithm brings-extraordinary width and converts this information-tracking system into an information-prospecting system. Finally the implementation of the Natural Language Generation which is the revolutionary breakthrough brings all the intelligent information to all people irrespective of how much they know about finance. That in essence is where the revolutionary innovation exists.  

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