People Outsourced Accounting Staff, Accounting Apps Email inboxes, Accounting Systems AI Ask Krista, Krista Document Understanding High Costs and Inefficiencies in Manual Invoice Processing A global BPO firm faced significant challenges in processing 300,000 invoices annually for a major client. The firm relied on outdated OCR technology, which achieved only 30% accuracy, requiring extensive manual …
I had the pleasure of hosting Michael Haske, CEO of Krista, who shared his experiences and insights from attending the SHRM 24 conference. The event, which brought together HR professionals from around the globe, focused on major transformations in the workplace, particularly the integration of AI, the skills gap, and the need for enhanced civility. …
The veterinary industry, which has long struggled with inefficiencies and high burnout rates, might have its day in the digital dogpark. Dallas-based Evette is leading the pack, partnering with AI orchestrator Krista.ai to revolutionize a sector that’s been begging for innovation. Dallas-based Evette is barking up a new tree with its latest move to revolutionize …
Human resources are undergoing a significant transformation thanks to advancements in AI and automation. Traditionally, manual HR processes work, but many HR professionals wonder, “How can AI and automation technologies be applied to my everyday challenges?” Chris Kraus and I discuss several HR-specific AI and automation applications, offering practical insights into real-world use cases. Challenge: …
Implementing Effective Data Protection Strategies Large Language Models (LLMs), like Gemini and ChatGPT, are transforming how we summarize and generate content. Their remarkable ability to understand and generate human-quality text has led to many innovative applications in a relatively short time. LLMs are becoming an indispensable tool in the modern workplace, from writing emails and …
Generative AI, with its ability to produce human-quality text, translate languages, and write different kinds of creative content, is changing the way people work. But just like any powerful technology, it’s not without its vulnerabilities. In this article, we explore a specific threat—LLM jailbreaking—and offer guidance on how to protect your generative AI applications. What …
How Hard Can it Be? Generative AI (GenAI) and Large Language Models (LLMs) are transforming how every business operates. While building custom solutions might seem appealing at first, there’s a hidden reality behind the allure of “free” and “easy” AI tools. These seemingly simple solutions often lead to unforeseen complexities and ongoing costs. I talked …
Key Takeaways AI skepticism remains a hurdle: While interest in AI is high, doubts about accuracy, safety, and trust persist. This emphasizes the need for accurate, transparent, explainable AI models with validation and governance. Focus on time savings for overworked teams: A major draw of AI is automating repetitive tasks and finding pain points. This …
Recently, AT&T issued a concise statement, spanning 183 words, acknowledging a data breach. The breach exposed 65 million records containing sensitive personal information. You can find the statement on AT&T’s website: AT&T Addresses Recent Data Set Released on the Dark Web (att.com). As a risk manager, two phrases caught my attention: “…it is not yet …
Data analytics and the realm of artificial intelligence hold immense power for businesses, but unlocking their full potential can be complex. Power BI, a leading business intelligence tool, excels at gathering data from various systems, visualizing it, and creating insightful reports. But that’s it. You still need to make decisions and execute them based on …
