7 Best Business AI Tools for Business in the 21st Century

July 10, 2024

How do you stay ahead of the curve in your particular business market when things are moving at breakneck speed? The race is on for every last penny – both in the B2B and B2C sectors. How can you gain a competitive edge over your competitors when things are so fierce?

Artificial Intelligence could be the answer. While generative AI is more popular than ever, a lot of small and medium-sized businesses are missing out on its power simply because they lack the skills to utilize it.

Whether it’s marketing, organizational tasks, or content creation, AI is powering a huge number of labor-intensive business processes. If you’re not using it, you’re not keeping up with your competitors.

This article will take a look at seven popular AI tools that are transforming the 21st-century business landscape right now. We’ll also take a look at how you can acquire the skills and knowledge to leverage AI business fully.

The Best Business AI Tools Around Right Now

1. ChatGPT

It’s the AI platform that changed the world. While AI business tools have been around for a few years now, ChatGPT changed the game – thanks to its wide-ranging capabilities and free base product. 

You really can chat to this powerful AI, which opens up a whole new world of possibilities. For example, if you’re thinking of investing in crypto, ChatGPT can take your priorities, trading rules, and preferred risk levels and offer everything from advice to long-term strategies.

The potential uses of ChatGPT are almost limitless. Whether you need to create content for a social media campaign or identify ways to minimize your business tax liabilities, you can ask Chat GPT for advice.

2. Salesforce Einstein

This powerful AI platform works in conjunction with Salesforce to generate a range of useful insights from large volumes of raw data. If you need to make sense of huge amounts of information quickly and accurately, this intuitive business AI tool is ideal. Machine learning identifies patterns and trends that can help you make fully informed decisions.

The predictive modeling capabilities of Salesforce Einsten allow even beginners to make a range of predictions, including customer churn, lifetime value, and long-term forecasts. The ability to automate and personalize these functions will save your business a huge amount of time and money.

3. Kavout

This useful AI platform is designed to help you make quick, better-informed investment decisions through a selection of tools, including InvestGPT – which analyzes huge amounts of data before offering sound investment advice.

If you’re looking for a suite of AI investment tools in one place, Kavout takes some beating. There’s Adaptive Asset Allocation for reducing risk and enhancing returns; comprehensive market analysis to ensure advice is based on the most up-to-date information available; and machine learning that can adapt to changing trends and patterns before offering investment tips.

4. Friss

If you work in the insurance industry, you’ll be taking extensive steps every day to minimize the risks of fraud. When you have Friss at your disposal, the measures required to mitigate risk are automated and delivered in real-time.

This powerful insurance claim AI monitors claims in real time for tell-tale signs of fraud. Once it identifies potentially suspicious activity, it informs the user or underwriter. Risks are identified and mitigated early in the process – minimizing fraudulent claims while keeping operating costs down.

5. ClickUP

If you run a large team, you’ll know how difficult it can be to keep everyone on track and monitor their output. But with the powerful task manager tool like ClickUP, powered by AI, these essential tasks are taken care of in the background – through a series of automated processes.

ClickUP drives team productivity by automating routine tasks, optimizing workflows, and sharing valuable insights with leaders. In practice, this tool allows you to identify who isn’t pulling their weight while giving you the information you need to make improvements and personnel decisions.

6. Fireflies

How many meetings do you have during the average business day? The chances are you have at least one face-to-face meeting each day, and group meetings regularly throughout the month. Keeping track of all those meetings, taking minutes, assigning roles, and following up on action plans requires a huge amount of time and effort. But with Fireflies, the process of business meeting management is quick, efficient, and cost-effective.

Fireflies is a powerful AI meeting assistant that will do everything from transcribing meeting content to analyzing conversations in detail. You can use it alongside a range of leading CRM platforms to create and distribute meeting minutes at the touch of a button.

7. Reclaim

Does it feel like there aren’t enough hours in the day to complete all your tasks, fulfill your responsibilities, and attend all your meetings? You’re not alone; we’re busier than ever before, which is why more and more people are using Reclaim to stay organized.

Reclaim is an AI calendar assistant that helps you squeeze every last drop of productivity out of the average day. By optimizing our calendars, scheduling tasks, and making time for meetings, this clever AI business tool is there to help you maximize your personal productivity.