{"id":147192,"date":"2025-03-21T06:21:07","date_gmt":"2025-03-21T06:21:07","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/ai-adoption-is-not-as-hard-as-you-think-start-now-or-fall-behind\/"},"modified":"2025-03-21T06:21:07","modified_gmt":"2025-03-21T06:21:07","slug":"ai-adoption-is-not-as-hard-as-you-think-start-now-or-fall-behind","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=147192","title":{"rendered":"AI Adoption Is Not as Hard as You Think \u2013 Start Now or Fall Behind"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/media.anderscpa.com\/prod\/uploads\/2025\/03\/Accelerate-Growth-Solve-Real-Business-Problems-Benefits-of-AI-Consulting-Services--1024x512.png\" \/><\/p>\n<div>\n<p>Regardless of the size of your company, you must be looking to leverage AI to drive business value, or you will be left behind.\u00a0 Do you remember when the internet was new? Who needed a website to connect with customers and prospective employees? What was digital transformation, customer portal, or mobile app? \u00a0<\/p>\n<p>Companies that didn\u2019t start adopting these strategies and technologies\u00a0fell far behind their competitors \u2014 or went out of business altogether. Today, can you imagine <em>not <\/em>having a website or ecommerce for your company? We are at the start of the AI revolution. Sooner than you realize, it will be hard to imagine a world in which AI adoption is a \u201cnice-to-have.\u201d\u00a0 Good news, adoption is not as hard as you might think.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">AI Technologies: Truth Behind the Hype<\/h2>\n<p>The hype around artificial intelligence focuses on technical capabilities \u2013 and for good reason. Sensational language about large language models, data analytics, and security breaches lends itself to catchy headlines.\u00a0\u00a0\u00a0<\/p>\n<p>Make no mistake, AI isn\u2019t just a passing fad. There will be inevitable bumps in the road that will seem to halt momentum, but AI will revolutionize the world and provide competitive advantage to those who adopt it, much like the internet did. It will change everyday life, and it will change how we do business, from the global leaders to the mom-and-pops.\u00a0\u00a0\u00a0<\/p>\n<p>AI can \u2013 and does \u2013 improve customer experience, increase employee productivity and deliver bottom line results, just as the headlines announce.\u00a0\u00a0<\/p>\n<p>But the media focus on the large-scale implications of AI doesn\u2019t paint the full picture or range of use cases, especially for small and mid-tier businesses who stand to gain the most. While today it may feel like AI is just one more item on a never-ending to-do list, for businesses that want to stay competitive, it will be a must-have.\u00a0<\/p>\n<p>The pressure to act on AI is ubiquitous. It\u2019s a safe bet that 95% of companies have \u201cdo something with AI\u201d on the top of their 2025 list of business goals. We see many companies worried that their competitors are building a comprehensive AI strategy, and they\u2019re being left behind. It\u2019s a fair concern: Creating a comprehensive AI strategy takes time, yet \u201clow hanging fruit\u201d and proof of value projects don\u2019t need to be complicated nor take long to implement. These early adopter projects can be implemented within weeks or just a couple of months and have an investment payback well within one year. And we see most AI projects are expected to return 200-500% within 2-5 years of implementation.\u00a0\u00a0Every month you delay is opportunity left on the table.\u00a0\u00a0\u00a0<\/p>\n<p>But for all the urgency, there\u2019s not always a clear way forward \u2013 and that\u2019s because few businesses know exactly what AI could do for them, let alone how to get started.\u00a0\u00a0<\/p>\n<h2 class=\"wp-block-heading\">What is Artificial Intelligence?<\/h2>\n<p>Artificial Intelligence is the attempt to simulate human intelligence. It\u2019s a broad category for any technique that allows computers to mimic human behavior. Under the broad AI umbrella are capabilities such as <strong>machine learning<\/strong> that use algorithms trained to learn from data and improve their performance over time. Think of the business process improvement realm, for example automating the routing of a document for approval and recognizing uniquenesses within that document to determine whether it should go one path or route to another path.\u00a0\u00a0<\/p>\n<p>With improved data process capabilities over the years, computer systems now have a\u00a0capability called <strong>deep learning<\/strong>. Now, rather than depending on simple if\/then statements or organized data sets, deep learning can engage multiple data sources of large unstructured data, to do things such as image recognition and support autonomous vehicles. A special category, enabled by deep learning, is <strong>generative AI (or gen AI), <\/strong>which uses neural networks and large language models to create original content in response to a user\u2019s prompt or request, for example, advanced chatbots that generate human-like responses.\u00a0\u00a0\u00a0<\/p>\n<p>With all these different facets to AI, it becomes essential for any business to make sure leadership is on the same page when it comes to assessing needs and opportunities.\u00a0\u00a0<\/p>\n<p>Here are the steps to successful AI adoption:\u00a0<\/p>\n<h2 class=\"wp-block-heading\">1. AI Awareness<\/h2>\n<p>A successful AI journey starts by getting stakeholders on the same page in terms of goals, priorities and expectations. It means answering the question, \u201cWhat do we really want AI to do for us?\u201d\u00a0\u00a0<\/p>\n<p>Start your AI journey with awareness \u2014 breaking down the categories of AI-driven outcomes and how they might meet your business needs. These include:\u00a0\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Individual productivity<\/strong>: content generation, task automation, personalized learning, time management\u00a0\u00a0\n<ul class=\"wp-block-list\">\n<li><strong>Example<\/strong>: Using tools like <a href=\"https:\/\/anderscpa.com\/copilot-microsofts-ai-assistant-pros-cons\/?tag=technology\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Copilot<\/a> or ChatGPT to draft content, emails, identify trends in spreadsheets and prepare for meetings by gathering information about participants and prior meeting content.\u00a0\u00a0<\/li>\n<\/ul>\n<\/li>\n<li><strong>Team productivity:<\/strong> collaboration and communication, knowledge management, project management, onboarding and training, automated meeting scheduling\u00a0\u00a0\n<ul class=\"wp-block-list\">\n<li><strong>Example: <\/strong>Scheduling and transcription tools to eliminate friction before, during and after meetings, leveraging AI whiteboarding tools for idea generation to better engage customers or define a new product line.\u00a0\u00a0<\/li>\n<\/ul>\n<\/li>\n<li><strong>Enterprise productivity:<\/strong> data analytics and reporting, customer service automation, supply chain optimization, process automation, fraud detection and risk management\u00a0\u00a0\n<ul class=\"wp-block-list\">\n<li><strong>Example: <\/strong>Workflow automation to eliminate repetitive or error-prone actions and data analysis to provide notification of leading operational key performance indicators (KPIs).\u00a0\u00a0<\/li>\n<\/ul>\n<\/li>\n<li><strong>New markets:<\/strong> Driving new sales channels and revenue sources by creating new or incorporating into existing products or services AI capabilities. Using AI as the primary marketable feature\u00a0\u00a0\u00a0\n<ul class=\"wp-block-list\">\n<li><strong>Example: <\/strong>Many SAAS (software-as-a-service) products are touting their AI capabilities: ServiceNow, OpenAI ChatGPT and other industry-specific AI applications.\u00a0\u00a0\u00a0\u202f\u00a0\u00a0<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Once you understand the parameters of AI as they pertain to your business, it\u2019s time to roll up your sleeves and focus on identifying target opportunities that will improve your business. \u00a0\u00a0<\/p>\n<h2 class=\"wp-block-heading\">2. AI Discovery<\/h2>\n<p>If you start an AI journey with the urgent feeling, \u201cWe need to leverage AI,\u201d a discovery process will help change the thinking into a focused question: \u201cWhat are our business opportunities and inefficiencies holding back our growth?\u201d This part of the process works well as a workshop \u2013 or a series of working sessions \u2013 to brainstorm ideas and consider the full realm of possibilities.\u00a0\u00a0<\/p>\n<p>You may end up with hundreds of ideas \u2013 that doesn\u2019t mean every one of them needs AI or automation, now (or ever). Take your wish list and prioritize: What are the repetitive tasks that lend themselves to automation? Where does human error risk hurting customer satisfaction?\u00a0\u00a0<\/p>\n<p>At this stage, your list may still be way too long \u2013 and not grounded in the reality of your business objectives. A technology assessment is a central part of discovery, as it helps you understand how to make the most of your existing tools and systems. After all, why build when you don\u2019t have to? On the flip side, a technology assessment will help avoid any unintended consequences \u2013 for example, turning on an AI assistant and giving it access to sensitive client or HR information.\u00a0\u00a0<\/p>\n<p>A two-to-four-week discovery process for most mid-sized businesses will result in a roadmap of recommendations with some low-hanging fruit to pick right away and areas to improve in for both the medium and long term.\u00a0\u00a0<\/p>\n<h2 class=\"wp-block-heading\">3. AI Implementation<\/h2>\n<p>Once you reach the implementation phase, you\u2019ll have identified some quick wins to adopt right away. We typically see a mix of <a href=\"https:\/\/anderscpa.com\/what-is-automation-faq-revolutionize-business-processes\/?tag=technology\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>business process automation<\/strong><\/a><strong> (BPA)<\/strong> and personal productivity (such as Copilot or private ChatGPT). Often, a quick win and an opportunity to build momentum is to provide employees and customers with an AI-driven Chatbot making it easy to find and understand company policies, specific company research, or product information.\u00a0\u00a0<\/p>\n<p>In addition to adding these new elements to the business, part of implementation is looking at a company\u2019s data, cleaning it up, making sure it has the right security in place and creating an ongoing strategy for maintenance. Data management is more than just getting your house in order, because you are going to make incremental improvements as you advance an initiative that implements efficiencies.\u00a0\u00a0<\/p>\n<p>You should look at implementation as an AI Journey: start with a small use case,\u00a0measure value, and move towards larger use cases as you learn.\u00a0\u00a0<\/p>\n<h2 class=\"wp-block-heading\">4. Advanced AI Solutions \u2013 Predictive Analytics Use Cases, Models and Tools<\/h2>\n<p>As you progress along the AI journey beyond quick wins and data cleanup, you can set your sights on more impactful projects, ones that drive customer growth or create significant efficiencies. AI can help businesses answer bigger, more complex questions around supply chain, staffing needs, and more.\u00a0\u00a0<\/p>\n<p>Take for example a\u00a0mid-size construction and engineering firm who wanted to proactively adopt AI for competitive advantage. With the help of our AI consulting services, they chose personal productivity and team-based collaboration tools for their early AI adoption projects, with the idea of testing and learning from this initial effort.\u00a0 <\/p>\n<p>They implemented a secure chatbot for all employees, providing a personal assistant to quickly find answers to company policies, processes, and critical information. In addition to increasing employee efficiency, they were able to streamline new employee onboarding by providing easy access to their internal resources. <\/p>\n<p>As part of this initial phase, they also adopted a Copilot center-of-excellence with the objective to find new ways to work and improve operational process along with individual productivity.\u00a0\u00a0<\/p>\n<p>The early adopter project of building a virtual assistant served a dual purpose.\u00a0 The task of validating the official documents and security settings that would be part of the chatbot\u2019s dataset laid the technical groundwork for further AI development projects. The project also contributed to change management,\u00a0and provided an opportunity to gauge how employees were adopting these personal and team productivity tools, which would inform the design and rollout of future initiatives.\u00a0\u00a0<\/p>\n<p>By scoring some quick wins, they were able to build excitement for further adoption while tackling data management. They are now well on their way to utilizing their data to leverage AI development projects focused on reducing manual efforts to create proposals, reducing risk and time with legal contract reviews, ongoing cybersecurity monitoring, improving executive level KPI dashboards, and alerting on real-time leading indicators and business metrics.<\/p>\n<h2 class=\"wp-block-heading\">AI is What You Make of It<\/h2>\n<p>From splashy headlines to the top of every company\u2019s list of must-haves, AI can seem daunting, vague, and expensive. But scoring an AI win is easier (and more affordable) than you think. It starts with getting your fundamentals in order: What business and operational problems are you trying to solve? What opportunities and limitations do you have in your current technology? It\u2019s an iterative process that requires ongoing strategy, governance and security management \u2013 but there\u2019s also a lot of incremental improvements and immediate impacts you can see along the way. <\/p>\n<p>Create a strong foundation and put a use-case to the test, and AI can set your business into a virtuous cycle, compounding returns year after year.\u00a0\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Request an AI Executive Briefing<\/h2>\n<p>Would you like to learn more about AI and how it applies to your company and industry? Talk with our AI experts to understand practical uses and how to get started. Request a no-charge, one-to-two-hour dedicated AI Executive Briefing with you and your team. \u00a0<\/p>\n<hr\/>\n<p>Our firm provides this information for general educational guidance only and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Podcasts posted by Anders CPAs + Advisors are not intended to be used and cannot be used by any individual or business, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided &#8220;as is,&#8221; with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. Please note that some content may be generated using artificial intelligence and is intended for educational and informational purposes only. In no way does listening, reading, emailing or interacting on social media with our content establish a professional relationship.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<a class=\"link-back-to\" href=\"https:\/\/anderscpa.com\/insights\/\"><span>All Insights<\/span><\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Regardless of the size of your company, you must be looking to leverage AI to drive business value, or you will be left behind.\u00a0 Do you remember when the internet was new? Who needed a website to connect with customers and prospective employees? What was digital transformation, customer portal, or mobile app? \u00a0 Companies that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":147193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11759],"tags":[18631,6235,1338,5454,3912],"dealstore":[],"offerexpiration":[],"class_list":["post-147192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-adoption","tag-fall","tag-hard","tag-start","tag-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AI Adoption Is Not as Hard as You Think \u2013 Start Now or Fall Behind - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=147192\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AI Adoption Is Not as Hard as You Think \u2013 Start Now or Fall Behind - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Regardless of the size of your company, you must be looking to leverage AI to drive business value, or you will be left behind.\u00a0 Do you remember when the internet was new? 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