The launch of ChatGPT, a large language model (LLM), is expected to have wide-ranging impacts across various industries. The technology enables users to conduct advanced AI-powered research through a simple chat-based interface, with potential applications in customer support, analytics, R&D, and software engineering.
A new disruption cycle emerges
Optimised personalisation and regulatory transparency are also potential long-term implications of AI adoption in Corporate Finance. A model with access to industry-wide data could recommend suitable products and steps for financial goals, while companies could accurately monitor regulatory compliance with well-trained models.
For example, AI can help portfolio managers analyse complex scenarios, generate tailored advertisements, improve sales workflows, and optimise chatbots for better customer service.
In the long term, generative AI could become a competitive advantage for Corporate Finance companies that successfully integrate it into their offerings, especially those that can fine-tune their models with unique data sets for specific use cases.
An example of this, is our business valuation application, that provides free automated reports with the commentary generated automatically by Microsoft Open AI using ChatGBT-4.
Why not give it a go?
Corporate Finance - near-term applications for Generative AI
In Corporate Finance, near-term applications of LLMs include complexity reduction, enhanced marketing, sales assistance, and advisory enhancement.
Complexity Reduction
Models can be used to both automate and assist with querying data, processing documents, drafting memos, and analysing intricate scenarios. For example, a Corporate Finance advisor might ask an AI application to draft the first version of a Business Plan or Information Memorandum and then manually customise and polish that version.
Enhanced Marketing
Tailored advertisements and messages for specific audiences could be quickly generated through trained models to boost sales. For example, an advisor can customise there service with personalised messages that accounts for a customer’s recents LinkedIn posts, competitor websites and and sector specific news.
Enhanced Advisory
Knowing what products and services to recommend and when is key part of successful advisory, and trained models can be leveraged to optimise chatbots as tools to assist advisors, to better service clients. For example, an accountant connects an AI Advisor to their clients data folders, and it then suggest which clients could best benefit from an advisory service, company valuation, raising capital for growth.
Our Corporate Finance Tools now come with Generative AI built in!
Thanks to our Partnership with Microsoft, we are able to quickly integrate our Corporate Finance Tools with Microsoft Open AI including Chat-GBT4.
Our Generative AI enabled Corporate Finance Tools include:
- Business Valuation Reports with AI Generated Commentary
- Business Plan & Information Memorandum Wizards
- Content Generator enables speeds up our Partners Marketing
We are happy to demonstrate our platform and show you how Generative AI can already have an immediate impact on your Corporate Finance business.
