BOND.AI helps companies and their employees to properly manage their resources to improve their personal and business finances.
In Latin America, companies and their employees have little knowledge of financial education. They have difficulties with concepts such as savings, proper use of credit, retirement, or the value of money.
As a result of this situation, Rajesh Chokhani, founder of BOND.AI, came up with this artificial intelligence platform to solve this situation. The purpose of this platform is to help companies and their employees understand their financial behavior, providing them with better financial health.
“Whether people are high school students, college students, or professionals, I see financial literacy as a big gap,” notes Chokhani.
How does BOND.AI work?
This platform is linked to existing company and employee accounts. BOND. AI analyzes accounts and spending patterns and gives suggestions to users to improve their financial status. This platform is designed to adapt to users’ digital lifestyles.
For example, if a user has a habit of consuming junk food frequently, they will receive an explanation of how much they could save by reducing that spending. If the user ignores this suggestion, he/she will receive a message at the end of the month notifying how much he/she would have saved.
Most importantly, this service is free of charge for companies and employees.
On the other hand, this platform makes use of a conversational chatbot. That is, instead of sending a message from a limited menu of actions, the conversational chatbot allows for more personalized interactions. In addition, the conversational chatbot scores users on a 100-point scale to indicate how well they are doing.
Therefore, technology and the purposes of this platform have a very important role because in these times it is very difficult to have a good financial education. Nevertheless, this platform is a good option to learn how to manage personal and business resources.
Finally, the Universidad Internacional Iberoamericana (International Iberoamerican University) (UNIB) offers the Master’s Degree in Strategic Management with a Specialty in Management.
Source: BOND.AI., a platform that improves the financial well-being of companies and their employees.
