AI doesn't have to be a large investment. There are numerous ways you can save significant costs with relatively small investments.
1. Automatic Email Responses (€5,000-15,000/year)
AI tools can automatically answer 60-80% of standard emails. This saves a full-time employee considerable time.
2. Invoice Processing (€3,000-8,000/year)
Automatic invoice recognition and processing reduces manual administration time by 90%.
3. Social Media Management (€4,000-10,000/year)
AI can schedule posts, generate content and analyse engagement, meaning you spend less time on social media management.
4. Customer Service Chatbot (€8,000-20,000/year)
A chatbot that handles 70% of customer questions saves significantly on personnel costs.
5. Document Processing (€2,000-6,000/year)
AI can automatically analyse and summarise contracts, quotes and other documents.
6-10: More Savings
Similar savings are possible in recruitment, inventory optimisation, energy management, quality control and meeting minutes.
Conclusion
The total cost savings for an average SME can amount to €50,000-100,000 per year. Start with the application that delivers the fastest return.