How to use document assistant in your business

How Small Businesses Can Use AskDocs AI Document Assistant

Learn how small businesses can benefit from using AskDocs AI to simplify document-heavy tasks and save time.

Oct 30, 2024

Alle Ceambur

Hey, small business owners! Let’s talk about something we all know too well: managing endless documents. Contracts, agreements, notes, invoices, financial reports—it all adds up. And as a small business, the time it takes to manage paperwork is time you could spend on growing your market share. 


Enter AskDocs AI, a tool that helps you get the info you need from documents fast. Just upload a document, and chat with the AI assistant to get exact answers or generate summaries. 

Here’s how it works and why it’s a game-changer for small businesses.


Common Challenges in Document Management

Document management isn’t easy when you’re already stretched thin. Here are some common pain points small businesses face:

 

  1. Reading long documents is time-consuming. Time that you could use on growing your business instead of managing paperwork. 

  2. Lack of resources. Small teams, mean multitasking, and no one has extra hours to spend on reading and sifting through piles of paperwork. 

  3. Tedious and manual process. Dealing with documents can feel like a never-ending process. An AI document assistant can store information digitally where it can be accessed by all employees, anytime.


The Solution: AI Generative tools like AskDocs AI can help small business owners manage document workflows more effectively. 


How AskDocs AI Solves These Problems for Small Businesses


AskDocs was built for professionals and businesses that need accurate information, fast and without the hassle. Here’s what you can expect when working with AskDocs:

  1. Supports All Document Formats: Easy to upload multiple documents, PDFs, e-books, contracts, invoices, reports, and even scanned files. 

  2. Interactive AI Chat Pannel: Chat with the AI assistant in a chat panel alongside your documents.

  3. Accurate Data Extraction: Ask questions and get answers extracted from the context of your file.

  4. Instant Summaries: Auto-generate summaries of long documents to save time on reading.

  5. Breaks Down Jargon: Don’t let jargon slow you down. AskDocs AI breaks down complex concepts (including financial, technical, and legal jargon) into easy-to-understand key points.


Example of business use case for AskDocs

Next, let’s look at some real-world applications of AskDocs AI technology. 


Real-World Use Cases: 5 Ways Small Businesses Can Use AskDocs AI Assistant 

  1. Review Contracts and Agreements - Upload your business contracts to AskDocs and get instant summaries of key clauses and points.

  2. Summarize Financial Documents - Ask the AI assistant to summarize Financial Reports, tax documents, and invoices. You can also request to pull out key figures like expenses, profit, or outstanding balances, without reading the entire document. 

  3. Simplify Employee Handbook and Policy - You can upload the Employee Handbook into AskDocs and empower your employees to ask questions and get insights into key rules, guidelines, and terms.

  4. Extract Insights From Marketing Reports - Industry reports are usually very technical and often include charts and tables. You can ask for a summary of key strategies to be extracted from images and charts. 

  5. Decode Compliance and Legal Documents - If you’re not familiar with legal jargon, you can use AskDocs to analyze your legal documents and get a better explanation of complex terms - even a non-expert can easily understand. See how it works!


Tip: Are you a teacher or an online educator? Check out this guide to learn how to use AskDocs AI for lesson planning!


Conclusion

There’s no denying that AskDocs AI brings so much value to small businesses. Think easy document management, instant summaries, and accurate extraction of data from all types of business reports. 


So give AskDocs AI a FREE try today and take back your time!


Related articles:

  1. How to ask questions in AskDocs the correct way

AskDocs is your generative AI assistant that can quickly read, understand, find, and summarize information from your documents.


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