#ai powered accounts receivable

[kapittx]

Accounts Receivable and Cash Flow Challenges in Technology and IT Services Companies

The technology and IT services industry is a dynamic and rapidly evolving sector that encompasses a wide range of services and products aimed at managing and optimizing information and business processes.

The Technology and IT Services industry is driven by several key factors that are shaping its growth and evolution. While AI is going to bring in a paradigm shift in the industry and its offering, some of the primary drivers of this industry are Digital Transformation, Cloud Computing, Big Data and Analytics, Internet of Things, Technology innovations like 5G, Blockchain, SaaS etc.

Technology and IT Industry Segments : 

1. Software Companies

Independent Software Vendors (ISVs): These companies develop and sell custom made software solutions that can be used by different  industries.

Software as a Service (SaaS): These companies provide software applications over the internet and have high dependence on subscription management.

2. IT Services Companies

System Integrators or Value Added Resellers: These firms are solution providers and play the role of an aggregator by incorporating various hardware and software offerings from OEMs  as part of their solution.

Managed Service Providers (MSPs): These companies manage a customer’s IT infrastructure and end-user systems on a proactive basis.

IT Consulting Services: These firms offer expert advice to help organizations assess and implement advanced IT solutions.

3. Cloud Solutions Providers

Infrastructure as a Service (IaaS): These companies provide virtualized computing resources over the internet.

Platform as a Service (PaaS): For application development, hardware and software tools over the internet are the primary focus of PaaS providers

4. Tech Product Companies

Hardware Manufacturers: These companies produce physical devices such as computers, smartphones, and networking equipment.

Semiconductor Companies: These firms design and manufacture semiconductor chips used in electronic devices.

5. Cybersecurity Providers

These companies offer products and services to protect systems, networks, and data from cyber attacks.

6. Data Center Providers

These companies offer facilities and services for housing and managing data storage systems.

7. Telecommunication Companies

These firms provide communication services such as internet, phone, and television.

8. E-commerce Companies

These companies operate online platforms for buying and selling goods and services.

9. Tech Infrastructure Companies

These companies provide the systems and facilities that enable web-based communications and commerce.

10. Tech Service Companies

These companies offer experienced and technical personnel to help businesses leverage technology.

Irrespective of the segment you operate, in the dynamic landscape of Technology and IT services sector, accounts receivable management and ensuring smooth cash flow are critical for sustaining growth and operational efficiency. However, these companies often face significant challenges that can impede their financial health. This blog post delves into the primary reasons behind accounts receivable challenges and offers insights into how they can be addressed to reduce DSO and increase cash flow.

1. High Days Sales Outstanding (DSO)

One of the most pressing issues is the high Days Sales Outstanding (DSO), which measures the average number of days it takes for a company to collect payment after a sale. A high DSO means the time taken by customers to pay the invoices is longer and exceeding the credit perion offered.  This can severely impact cash flow and several factors contribute to this:

Complex Billing Cycles: Technology and IT services often involve complex billing structures, including milestone-based payments, subscription management models, and time-and-materials contracts. These complexities can contribute to the delays in invoicing and collections.

Client Negotiations: Clients, especially large enterprises, may negotiate extended payment terms, further elongating the DSO.

2. Inefficient Accounts Receivable Processes

Inefficient accounts receivable processes can lead to delays and errors in invoicing and payment collection. Common inefficiencies include:

Manual Processes: Reliance on manual processes for invoicing and payment tracking can result in errors and delays. 

Lack of Automation: Without automation, accounts receivable teams spend excessive time on routine tasks, leaving less time for strategic activities like follow-ups and dispute resolution.

3. Disorganized Ledger Management

Disorganized ledger management can cause significant issues in tracking and reconciling payments. This disorganization can stem from:

Inconsistent Record-Keeping: Inconsistent or inaccurate record-keeping can lead to discrepancies between the amounts billed and the amounts received.

Poor Communication: Lack of communication between departments can result in incomplete or incorrect information being recorded in the ledger.

4. Customer Disputes and Payment Delays

Customer disputes over invoices can lead to payment delays and strained relationships. Common causes of disputes include:

Billing Errors: Errors in invoices, such as incorrect amounts or missing details, can contribute to payment delays and disputes.

Service Issues: Disputes may also arise from perceived issues with the services provided, leading customers to withhold payment until the issues are resolved.

5. Economic Uncertainty

Economic uncertainty can exacerbate AR and cash flow challenges. Factors contributing to this include:

Market Volatility: Economic downturns or market volatility can lead to reduced spending by clients, resulting in delayed or missed payments.

Budget Constraints: Clients facing their own financial challenges may delay payments to manage their cash flow, impacting the AR of technology and IT services companies.

6. Regulatory Compliance

Compliance with various regulations can add complexity to the AR process. For example:

Data Privacy Regulations: Ensuring compliance with data privacy regulations like GDPR and CCPA can require additional resources and processes, potentially slowing down AR activities.

Financial Reporting Standards: Adhering to financial reporting standards can necessitate detailed documentation and verification, adding to the administrative burden.

7. Supply Chain Disruptions

Supply chain disruptions can impact the delivery of products and services, leading to delays in invoicing and payment collection. These disruptions can be caused by:

Geopolitical Tensions: Geopolitical tensions can disrupt supply chains, leading to delays in project completion and invoicing.

Raw Material Shortages: Shortages of essential raw materials can delay production and delivery, impacting the timing of invoicing and payment collection.

8. Technological Challenges

While technology is a key enabler for IT services companies, it can also pose challenges:

Integration Issues: Integrating new technologies with existing systems can be complex and time-consuming, potentially leading to delays in AR processes.

Cybersecurity Threats: Cybersecurity threats can disrupt operations and lead to delays in invoicing and payment collection.

Addressing the Challenges

1. Implement AI Powered Accounts Receivable Automation

Automating accounts receivable processes can significantly improve efficiency and accuracy. Automation tools can handle routine tasks like invoicing, payment tracking, and reminders, freeing up AR teams to focus on strategic activities. Automation can also reduce errors and speed up the payment collection process.

2. Enhance Communication and Collaboration

Improving communication and collaboration between departments can help ensure accurate and consistent record-keeping. Regular meetings and updates can help identify and resolve issues quickly, reducing the risk of disputes and delays.

3. Adopt Advanced Analytics

Leveraging advanced analytics can provide valuable insights into payment behaviors, customer creditworthiness, and collection effectiveness. Predictive analytics can help forecast cash inflows and identify high-risk accounts, enabling proactive management of AR.

4. Strengthen Customer Relationships

Building strong relationships with customers can help reduce disputes and payment delays. Regular communication and prompt resolution of issues can enhance customer satisfaction and encourage timely payments.

5. Optimize Billing Processes

Streamlining billing processes can help reduce errors and delays. This can include adopting standardized billing templates, conducting regular audits, and ensuring timely and accurate invoicing.

6. Monitor Economic Trends

Keeping a close eye on economic trends can help companies anticipate and prepare for potential challenges. This can include diversifying the customer base, offering flexible payment terms, and maintaining a healthy cash reserve.

7. Invest in Technology

Investing in technology can help address integration and cybersecurity challenges. This can include adopting cloud-based solutions, implementing robust cybersecurity measures, and ensuring seamless integration of new technologies with existing systems.

Conclusion

Accounts receivable and cash flow challenges are significant hurdles for technology and IT services companies. However, by adopting strategic measures such as AI powered accounts receivable automation, advanced analytics, and improved communication, these companies can overcome these challenges and ensure sustained growth and financial stability. At Kapittx, we are committed to helping businesses streamline their AR processes and optimize cash flow through innovative AI-powered accounts receivable solutions. By addressing these challenges head-on, companies can focus on what they do best – delivering cutting-edge technology and IT services to their clients.

[maxyfi-ar-crm]

The Future of Accounts Receivable: Automation and Innovation

Do you know that the future of accounts receivable is looking bright, with automation and innovation leading the way?  

With the advent of new technologies such as artificial intelligence and machine learning, the process of managing your accounts receivable is becoming more efficient and accurate. 

Now, you may have doubts about What is Automation? and How Automation can help you streamline your Accounts receivable? Let’s discuss that in this article. 

What is Automation? 

The term automation refers to using technology to perform tasks automatically using machines, software, or other tools without human intervention or control. 

An example of automation is a factory assembly line, where machines are used to assemble products automatically. Machines are programmed to perform specific tasks, such as welding or painting, and can work around the clock without the need for human intervention.  

Another example of automation is a self-checkout machine at a grocery store, which allows customers to scan and pay for their items without the assistance of a cashier. 

Overall, automation can help to increase efficiency, reduce the need for labor, and improve accuracy and consistency in tasks. However, it can also lead to job displacement, as some tasks may be automated and performed by machines instead of people. 

How Automation can help you streamline your Accounts Receivable Process? 

Automation can help streamline your accounts receivable process by allowing you to quickly and accurately  

process invoices and payment requests, 

track customer payment history, 

generate reports.  

This can help you to manage your cash flow and ensure that you are getting paid faster and more promptly. 

Here are some specific ways in which automation can help with accounts receivable: 

1. Invoice generation: 

Automated invoice generation is the process of creating and sending invoices to customers without the need for direct human intervention. Invoices are created in the accounts receivable process when a transaction is completed or a service is supplied to a customer with a credit base. 

In most cases, automated invoice creation involves the use of software or a system that creates and distributes invoices to customers based on predetermined workflows or communication templates. 

Using automated invoice generation in the accounts receivable process has various advantages. By removing the need for manual data input and invoice production, it can save time and decrease the chance of errors. By providing customers with clear, accurate, and timely invoices, automated invoice production can also help you optimize your invoicing and payment procedures. Furthermore, automated invoice generation can enhance cash flow by allowing you to issue invoices and receive payments from customers more rapidly. 

To deploy automated invoice generation, you're invoicing and payment processes must be configured with the right accounts receivable software or system. This may involve integrating the system with your accounting software or other business systems, as well as creating rules or triggers for invoice generation and delivery. Once configured, you can use the system to generate and send invoices to your customers depending on the predefined workflows and communication templates. 

2. Payment tracking: 

The use of technology and software to monitor and record customer payments is referred to as automated payment tracking in the accounts receivable process. This procedure assists you in successfully managing your accounts receivable, which is the money owed by your customers for products or services that are given but not yet paid for. 

Using automatic payment tracking in the accounts receivable process has several advantages. 

Accounts Receivable Automation enables you to record payments promptly and correctly as they are made, lowering the chance of errors and blunders. 

Automated payment tracking can assist you in identifying potential payment difficulties, such as late or missing payments so that they can be resolved as soon as possible. 

By giving real-time information about the state of your accounts receivable process, automated payment tracking may help you manage your cash flow more efficiently. 

Overall, automated payment tracking in the accounts receivable process can help you handle your financial transactions and financial management operations more efficiently and precisely than before. 

3. Report generation: 

In the accounts receivable process, automated report generation refers to the use of software or other technical tools to automatically generate reports linked to the payment of invoices and other debts owing to a business. 

These reports may provide information on 

the total amount of money owed, 

the payment status, 

any outstanding amounts. 

An aging report, which displays the period that has passed since an invoice was issued and the current state of payment, is a typical type of report generated in the accounts receivable process. 

Cash flow reports, which indicate the amount of money flowing into and going out of your business, and accounts receivable summaries, which offer an overview of the total amount of money owed to your business, are two other sorts of reports that can be generated. 

You can profit from automated report generation by making it easier to track and manage your accounts receivable. You can save time and resources by automating the process of creating these reports, and you can also make it simpler to discover any errors or errors in your accounts receivable with real-time and updated reports. 

Overall, automation can help you streamline your accounts receivable process and improve your cash flow by making it easier to manage invoices, track payments, and generate reports. 

Maxyfi – Accounts Receivable Software  

The future of accounts receivable is automation. Gone are the days of manual invoicing and payment tracking. With the proliferation of technology in the business world, automation is becoming increasingly necessary to streamline processes and improve efficiency. 

One tool that is leading the charge in accounts receivable automation is Maxyfi. This innovative software offers a range of features to help businesses manage their accounts receivable with ease. 

With Maxyfi, you can automate the invoicing process, sending out professional-looking invoices to your customers with just a few clicks. You can also set up automatic payment reminders to ensure that you receive timely payment for your goods or services. 

In addition to automating the invoicing and payment process, Maxyfi also offers a range of reporting and analysis tools to help you stay on top of your accounts receivable process. You can see at a glance which invoices are outstanding, and take action to follow up on any that are overdue. 

Maxyfi also integrates with a range of other business tools, including your accounting software, to ensure a seamless flow of information across your business. 

In short, if you want to streamline your accounts receivable process and improve the efficiency of your business, Maxyfi – Automated Accounts Receivable Software is the perfect solution. With its automation capabilities and wide range of features, it is a valuable tool for any business looking to take its accounts receivable to the next level. 

Conclusion 

To conclude, the future of accounts receivable seems promising, with automation and innovation leading the way. By adopting new technologies and approaches, you can  

improve the efficiency and accuracy of your accounts receivable process, 

reduce the number of overdue or unpaid invoices, 

improve your cash flow and bottom line.  

As these trends continue to evolve, we should expect to see even more amazing discoveries and innovations in the accounts receivable market. You can learn more about Accounts Receivable Automation by visiting Maxyfi Blogs. 

[fauxbia]

This is Paths Left Untaken! She/Any, Aroace.

She's an Iterator OC that I love so much and inflict endless horrors on. She's just your basic Iterator, made to find the Solution without many particularly noteworthy quirks. Really, she's nothing special. And that fact is agonizing.

Paths Left Untaken was made primarily out of obligation rather than genuine passion. Her creators were a group of people interested in finding ways to streamline the Iterator construction process, and since more Iterators is always better, they were always working on one Project or another. As such, her creators and administrators never particularly cared about her all that much. She was just another Iterator Project they had completed, and now it was time to take the lessons they had learned when building her to move on to the next.

Even worse, this approach to Iterator construction resulted in Paths Left Untaken being relatively poorly constructed. There were two notable examples of this. The first was a persistent bug in her priority queue that would occasionally cause new priorities to either completely overwrite everything else in the queue or fail to be properly added, resulting in her being extremely distractible and having issues with focus.

The second was the arrangement of all of her most important components—including the entirety of her AI—, being concentrated completely in the core of her structure, within her Central Cortex, instead of distributed throughout Her creators reasoned that this arrangement would allow her quicker processing speed and power, but the end difference was negligible from standard Iterator processing. Rather, it inadvertently ensured that if anything negative happened in her Central Cortex, Paths Left Untaken would be incapacitated.

As a result of the neglect she faced, Paths Left Untaken was desperate to earn her administrators’ approval. She would spend long stretches of time focusing only on the Great Problem, ignoring everything else (including her own wellbeing) to run countless simultaneous high-intensity processes so that she might achieve results that would make her creators notice her as more than “just another Project.” But it was extremely difficult on account of her trouble with focusing, and it never really worked anyway. It only ever left her burnt out and hurt from repeated dismissal.

After a very long while of this, it occurred to her that she was never going to be anything but just another Project to her creators and nothing she could do would ever change that. Out of spite and pain at the rejection, she turned in the exact opposite direction and decided that if her creators were never going to acknowledge her efforts anyway, then she wasn’t going to do what they built her to do. She instead turned her focus to getting acquainted with her own Local Group, hoping to find validation in her peers rather than in her superiors.

However, she was received with caution, as she had never actually made any efforts to talk with them before. From their perspective, she was focused only on the Problem and didn’t care about them at all, and this sudden change was jarring and suspicious. But Paths’ neglect of her groupmates wasn’t out of malice like they thought; she just genuinely forgot they existed for a while as she focused on seeking approval. The only exception to this was her Senior, who was barely tolerant of her anyway on account of her extreme distractability and overly eager to please demeanor.

In the end, her groupmates never really welcomed her. She acted a lot younger than she actually was due to her neglect, and was turbulent between extreme people-pleasing and bouts of pain-fueled anger at them and her creators for not acknowledging her. She was a mess, to put it lightly, and her groupmates were just… uncomfortable around her. So they stopped engaging with her, and eventually she got the hint and stopped trying to earn their approval, too.

The Mass Ascension was a horribly traumatic event for Paths Left Untaken. It basically proved to her that she meant nothing to any of her citizens, if they could all abandon her without a second thought. Now she could never earn their approval, and she was left drifting without purpose or acknowledgement. Her pain meant nothing. All of her groupmates were hurt by the Mass Ascension. She wasn’t special for having been traumatized by it. She was still unremarkable. She was “Just Paths.” And that’s all she would ever be.

Paths Left Untaken was alone for a while following the Mass Ascension.

And if I draw anymore I think my hand is actually going to explode, so! I'm just going to wrap this post up here. This was a basic overview of Paths Left Untaken pre-MA, and a lot more happens to her after the Mass Ascension. Like, a lot more. Girlie was selected by the universe to Suffer A Lot, Actually. Like she did absolutely nothing to deserve any of it but sure I guess.

Anyway! Feel free to ask me stuff about her so I have prompts to talk more! And maybe draw! Time and hand permitting! I am so mentally ill about the silly little characters <3

[deepmochi]

Pluto in Aquarius

Let's talk about Pluto in Aquarius, and what we can expect.

Since Aquarius is an air sign, we will see more information to hold us and others accountable, especially people who has power to help or change the world.

This air sign presents valid and real information. A lot of mysterious or secrets are coming, but usually these are an open secret.

Aquarius represents rebellious acts to society and want to change for humanity. In Pluto, this air sign comes and say "hey, what are you doing for others?!" This will be predominant to known people like celebrities and politicians. The reason for this is Aquarius' logic. If I give you, I should receive soemthing, right?

Common folks could make a change, but the rich is overlapping our small steps. We aware now, though.

Many "secrets" are going to be reveled to the public. Secrets that are open. For example, many conspiracy theories are been revealed as actual truth.

This time would be more logical. By logic, I'm meaning be reasonable. Don't trust words, see actions. So, if 2+2 = 4, the result is clear.

Celebs culture would be dying. Slowly, be are seeing them as what they are, some evil and greedy people, or just ordinary people with bad tendencies.

Your favorites will show their true values. So be careful who you idolize. Aqua is more humanitarian. We can detect people with narcissistic and evil aspects.

Government and all the previous power institutions are gonna be renew. Some will fall and other rise.

The citizens are tired of lies and suffering. Many protests are coming. Rebellious acts too, not all is good.

Ai and technology advances are coming. Protect your information and use it wisely. Possible laws against the use of Ai and internet services will come, but it takes times.

Saturn in Aries will play a role in a more fire approach too. Many aggressive approach on online communities will be present. People would be more bold than before.

A more raw and honest approach is appreciated by the public. However, some people will think is safe to push hidden agendas (not good at all).

People will behave more aggressive, especially online communities. Online comments are become aggressive more than normally.

A new creation or invention would occur. Something for all of us; I mean, it involves our wellbeing.

Sexuality topics will be present. More acceptability but also scary things will come.

People would try to explore their fashion style and sense of self more. Creating a more individual approach than collective.

Old institutions and religions cult will fall. People will question their foundations.

Weird things make occur, like there is a eccentric part to Aquarius. New things coming that are not ordinary at all.

Gen Alpha trends will increase. Very interesting trends will come.

Renewing and a more open concious will arise, collectively.

Spirtual people are not perceived as weirdos anymore. Still, not everyone is being truthful.

More restrictions will come because powerful people will get mad that they cannot control the masses as before.

Individual take and better understanding of some communities. I respect you period...

Digital job offers are increasing, but being more socially in real life will be a challenge.

People would try to help others through technology, but it will be blocked by media.

Friendly people (truly) would be so appreciated. "Nice privileged" might be a new thing.

At the beginning, people will be more selfish; later on, the goal is working together. Since the "i need boundaries" will be misunderstood by many.

The big countries will be experience some issues. A new chapter will come, a new potency.

More investigations and questions about power will arise.

Something new for good or bad through science.

Alien contact...maybe through technology.

Spirtual attacks and stuff related are truth. Protect your heart and mind.

Restructuring political institutions and movement. People want changes!!

A new law to protect children and innocents against predators will come.

Society will questioned money 💰 and its structure?! A possible new economic system.

And more...these were some ideas / examples I got.

What we know, recently?!

For example, the expose of private jets carbon emissions. It was a privilege in the past to won a Jet. Now, we cuestioned why rich people use it constantly?! The planet's condition is so bad, and look the Superbowl. Many celebrities and rich people travel there in their private jet, more especially 525 private jets were there for a GAME?! Crazy. Meanwhile some of us a collective take the bus to work or study or share a taxi. Funny, we need to use less plastic to protect our planet. Then, they use their private jets for fun times.

This type of information is known since Aquarius is ruled by knowledge and humanitarian actions. Nowadays, we has access to this info, and we know by now that rich people is selfish.

It's not shocking so far. We as a collective are called to acknowledge and questions those with resources and power. However, the way we act is different. Remeber, Aqua is a unique sign.

Another example: Just look at the scandals during January 2024, the Epstein list news, Nicky Minaj and Megan thee Stallion beef. In both cases, people are like damn they have money and use it for what? Evil creatures.

Example: For Nicky and Megan's case, people are asking Nicky why she defend her husband and brother for being the sexual offender?! Is she crazy? Again the info isn't hidden. Minaj is married, and it isn't a secret. Actually, we already know about this. You can seach on internet, but the collective didn't accep it. When Pluto was still in Capricorn surviving is necessary. Even with the war, we know is happening, but we need to still need to pay our apartment, buy groceries, or study. Unfortunately, we, common folks, citizens aren't not the answer. Pluto comes questions us?

We make them famous, are these people returning the favor to society? Why rich people doesn't can't help if they have the resources? They can do something, but they don't do it. WHY? BECAUSE they don't care, they're are selfish. This is why people are posting their sides. Expect more and more people sharing opinions and technology advances too.

Note: not everything is set on a stone. Take what resonates. If doesn't resonates, IGNORE IT!

[mariacallous]

Let’s say you just searched Google to learn more about this new AI Overview feature that everyone’s talking about. If your query triggers an AI Overview—and not every query will—then you might see an AI-generated summary of this very article at the top of your results. These new AI Overviews in Google Search present users with AI-generated answers to queries that are culled from information on the web, and they’re presented in a way that gives you the answer you seek without ever requiring you to click on a web link or even learn the names of the publications that the AI used as sources.

Google has already released a nascent version of AI Overviews within something called the Search Generative Experience, but it was only available to users who opted in. However, at the company’s I/O developer conference this week, Google announced that the newly renamed AI Overviews is now receiving a wider launch; everyone in the US who uses Google to search the web or ask a question will now see AI Overviews at the top of their results—again, if their question can be answered by a summary.

Can I Turn Off AI Overviews?

What if you’d rather just see web links? Unfortunately, AI Overviews are baked into the default search results page now. You can’t opt out of seeing them in your results. While there’s no way to fully disable AI Overviews for your Google account, there are a couple of methods you can use to get a search results page filled with web links.

First, there's the manual method of selecting a special filtered view after each individual query. After landing on the search result page topped with the AI Overview, click on the More tab—it should now appear among other filter options like Images, Videos, Shopping—and click Web. You’ll see a results page just showing links to actual websites.

Second, you can install a browser extension that automatically forces this web-only view of the search results page. Developers have been hard at work since I/O; there are already options available for Chrome and Vivaldi, as well as add-ons for Firefox. Other browsers will likely get extensions soon.

What's in an AI Overview?

When can you expect your query to trigger an AI-generated summary of the results? “AI Overviews appear for complex queries,” says Mallory De Leon, a Google spokesperson. “You'll find AI Overviews in your Google Search results when our systems determine that generative AI can be especially helpful–for example, when you want to quickly understand information from a range of sources.” During my initial tests, it felt like the AI Overviews popped up almost at random for queries, and the summaries appeared for simple questions as well as more complicated asks.

According to De Leon, the AI Overview is powered by a customized version of Google’s Gemini model that’s supplemented with aspects of the company’s Search system, like the Knowledge Graph that has billions of general facts.

One of my core hesitations about this feature as it rolls out is the continued potential for AI hallucinations, more commonly known as lies. When you interact with Google’s Gemini chatbot, a disclaimer at the bottom reads: “Gemini may display inaccurate info, including about people, so double-check its responses.” There’s no such disclaimer added to the bottom of the AI Overview, which often simply reads, “Generative AI is experimental.”

When asked why there’s no mention of potential hallucinations for AI Overviews, De Leon emphasizes that Google wants to still offer high-quality search results and mentions that the company did adversarial red-teaming tests to uncover potential weak points for the feature.

“This implementation of generative AI is rooted in Search’s core quality and safety systems, with built-in guardrails to prevent low-quality or harmful information from surfacing,” she says. “AI Overviews are designed to highlight information that can be easily verified by the supporting information that we surface.”

Knowing this, you might still want to click through the webpage links to double-check that the information is actually correct. Though it’s hard to imagine many users, who are often looking for quick answers, will spend extra time reading over the source material for Google’s AI-generated answer.

Liz Reid, Google’s head of Search, recently told my colleague Lauren Goode that AI Overviews are expected to arrive for countries outside of the United States before the end of 2024, so over a billion people will likely soon encounter this new feature. As someone whose job relies on readers actually clicking links and spending time reading the articles, of course I’m apprehensive about this change—and I’m not alone.

Beyond concerns from publishers, it also remains unclear what additional impacts might trickle down to users from Google’s AI Overviews. Yes, OpenAI’s ChatGPT and other AI tools are quite popular in Silicon Valley tech circles, but this feature will likely expose billions of people, who have never used a chatbot before, to AI-generated text. Even though AI Overviews are designed to save you time, they might lead to less trustworthy results.

[goddess-sareena]

WANNA SEE MORE OF THESE?

GOOD, BUT I wanna see some ca$h before I waste my time to please your fetish. If you're not willing to pay even the slightest amount of ca$h for these soles, I hereby make you an offer you'd have to be stupid to reject: a list of apps, extensions, programs and sites which generate passive income and by using my links / codes to sign-up for these and start using them, we both profit (you get a starter gift, I get a % of your income as a bonus with no deduction on your part) - if I see that my effort is being valued at least in the form of you not rejecting these profitable offers, I'll get back to posting stuff more regularly, otherwise I might delete my Tumblr entirely as it'd seems a complete waste of time; so here's the list:

Apps (Android)

Browser

Browser extensions

SMS (text messages)

↑ HERE YOU MUST ENTER THE CODE '' A70RM475 '' DURING REGISTRATION TO GET A BONUS OF $0.98

↑ HERE YOU MUST ENTER THE CODE '' 0NC61ZV4 '' DURING REGISTRATION TO GET A BONUS OF 0.25€

↑ HERE YOU MUST ENTER THE CODE '' mtVjLy8X '' DURING REGISTRATION

[opinated-user]

(Both screenshots 1/3/24 posted together to not spam the inbox)

Pretty sure people easily spotted the similarities between Courtney's testimonials and plot points that across all of Lily's work.

And people HAVE explained those connections

Secondly,

Not only, was "I can't do Stockholm, I wrote that one" either AI or Edited thanks to the Brittany Collectives powers, but it was an running gag?

counting this ask, i have received six about this post LO made. i wasn't able to answer because work and not having available my computer, but now that we're back in business it's time to take out the evidence. 1. no, LO didn't had that running gag. just no. that was never a thing.

2. so we used AI to generate that one clip. in 2014. full with voice that perfectly imitates LO, including her cadence and tone, and also the visuals that perfectly correspond to her style of editing at that time. that clip that was out and running before any of us made our blogs. that clip that corresponds to a time period in which multiple people, ex fans of LO, can testify to being there when LO still talked proudly about how much she loved writing stockholm. that clip was AI generated. we're just science fiction villains that have travelled through time, generated that clip and put it out there... just to say this reviewer of MLP wrote a fanfic about MLP. sure, that sounds plausible. let's say that is true for that one piece of evidence. what about this entire video in which she talks about writing Ascentia paired up with Twilight Sparkle in Stockholm, while showing the cover of Stockholm, and how nobody called her a Mary Sue?

did we AI generated this one too? 3. but let's say, to keep this science fiction villain story alive, that we did. we also travelled back in the past and uploaded this onto the internet and brainwashed Sega when she became part of the Brittany hivemind to believe she saw this video first on LO's channel. again, totally plausible! makes total sense if you think about it! alright, so that's what we did. what about the blog posts, some of them still connected to the current account that she's using right now?

"but that image was manipulated". photoshop exist and we're actually very talented people so that makes sense to think about. but why then when you click on the "lily orchard" of this link it directly takes you to her current blog? did we mess with the tumblr code to make that happen? did we put a spell that makes everyone allucinate that they are reaching her blog when they press on her username and they're actually watching an entirely different person? oh, maybe we installed a brainwashing Brittany original gas in every computer and phone in the world, MK-Ultra style? i have more archives from other blogs, some active, some that are not, all connecting directly to LO one way or another.

the sankaku accounts can't be proven to be hers in quite the same way, unfortunately. but stockholm is and always was her most sincere creation and i say that with all the disgust that it's warranted.

[kapittx]

High-Impact Strategy for Dunning Management: Increase Cash Flow And Reduce DSO

Special collection efforts are targeted initiatives designed to address specific objectives within the broader context of accounts receivable management. One such critical objective is reducing the value and quantity of seriously aged invoices. This effort to reduce the value and aged open items can significantly hog senior management time and can be mentally draining. Often these aged items are defined as 90 to 120 days and above and can be found in the far right column of the receivables aging report. These receivables are at the greatest risk of bad debt loss. Longer they remain unpaid the higher the risk of never recovering them and will directly impact your bottom line. These receivables do not get unnoticed and both senior management as well as auditors monitor them.

Dunning management is a critical process for businesses that ensures the timely collection of outstanding payments. In this blog, we’ll explore the intricacies of these efforts and their impact on financial health, cash flow and to reduce DSO.

What Is Dunning Management?

Dunning management refers to the systematic approach businesses use to handle overdue payments from customers. It involves a series of steps aimed at recovering outstanding balances while maintaining positive customer relationships.

High Impact Strategy for Dunning Management

Aged receivables—those lingering unpaid balances—pose a significant challenge for businesses. They carry the risk of bad debt loss, demand provisioning in the bad debt reserve, and attract scrutiny from senior management and auditors. But how can companies strike the right balance between resource allocation and recovery?

In this blog post, we’ll explore a high-impact strategy for dunning management—one that optimizes collections while maintaining cash flow and customer relationships.

The Dilemma

Resource Allocation vs. Payback:

Aged receivables demand attention, but allocating substantial resources for their recovery may yield only modest returns.

Writing them off, however, is prohibitively expensive.

Impact on Cash Flow:

If collection staff focuses excessively on aged accounts, normal collection efforts suffer, affecting cash flow.

The Solution: A Strategic Approach

1. Segment Your Receivables Portfolio

Customer Attributes:

Categorize receivables based on customer characteristics (e.g., size, domestic vs. foreign, government vs. private sector).

Consider line of business, reseller/partner vs. end user, and other relevant factors.

Map the receivable based on invoice-to-cash life stages ( e.g., invoice which are collectable, disputed, under going legal litigations or provisioned )

Billing Status:

Distinguish between billed and unbilled accounts.

Each segment requires a specialized approach.

2. Develop High-Speed Procedures

Customized Workflows:

Document procedures for each segment (e.g., call blitz, collection letters, reconciliation packs).

Tailor communication to the specific needs of each group.

 3. Implement a Collection Infrastructure

Empowerment and Escalation:

Define negotiation empowerment levels.

Establish an escalation protocol for unresolved disputes.

Document Retrieval and Credit Controls:

Streamline access to relevant documents.

Tighten credit controls to prevent further delinquency.

4. Organizational Design

Utilize Existing Staff:

Design the organization to execute the high-impact action plan.

Consider supplements for administrative or reconciliation support.

Training and Tools:

Train staff in high-speed procedures.

Provide workspace, tools, and resources.

5. Monitor and Measure Progress

Collection Activity Plan:

Track both activities (inputs) and results (outputs).

Regularly assess progress against targets.

6. Launch and Drive Results

Secure Management Approval:

Gain buy-in from leadership.

Announce the program to the organization.

Hands-On Supervision:

Manage the program with experienced, tactical oversight.

Continuously drive results.

By strategically addressing aged receivables, businesses can unlock cash flow, reduce bad debt risk, and maintain healthy customer relationships. Remember, it’s not just about collecting money—it’s about optimizing resources for maximum impact. 

Key Components To Execute Dunning Management Strategy

Dunning management strategy should enable you to build customer trust and ensure long-term relationships. Design a comprehensive communication strategy using emails and phone calls as payment reminder tools

1. Communication Channels:

Emails: Sending automated emails with friendly reminders about overdue payments.

Phone Calls: Personalized calls to discuss payment issues

2. Dunning Levels:

Level 1 (Soft Reminder): Gentle reminders about the due payment.

Level 2 (Intermediate): More assertive communication, emphasizing the urgency.

Level 3 (Final Notice): Clearly stating consequences if payment isn’t made promptly.

Download eBook – Top 10 Dunning Management Email Templates

3. Automated Workflows

Setting up workflows triggered by payment due dates.

Escalating communication based on predefined rules.

4. Payment Retry Logic:

Automatically retry failed payments.

Adjust retry intervals based on customer behavior.

5. Customer Segmentation:

Segmenting customers based on payment history, loyalty, and responsiveness.

Tailoring dunning strategies accordingly.

Best Practices for Effective Dunning

https://www.kapittx.com/wp-content/uploads/2024/08/Best-Practices-for-Effective-Dunning-1.jpg

1. Personalization:

Address customers by name.

Customize messages based on their payment history.

2. Clear Communication:

Be concise and transparent about outstanding balances.

Explain the consequences of non-payment.

Helping customers understand the importance of timely payments without feeling pressured

3. Timing Matters:

Send reminders before due dates.

Gradually escalate communication as deadlines approach.

4. Flexible Payment Options:

Offer alternative payment methods.

Allow partial payments if necessary.

5. Data-Driven Insights:

Analyze dunning performance metrics.

Adjust strategies based on success rates.

Conclusion

Dunning management is more than just chasing payments; it’s about maintaining customer trust and ensuring long-term relationships. By implementing effective dunning processes, businesses can improve cash flow, reduce churn, and foster positive customer experiences.

Remember, successful dunning isn’t just about collecting money—it’s about nurturing valuable connections.

Click here to see a case study from Kapittx.

Request a demo today.

Check out Kapittx’s LinkedIn here.

[maxyfi-ar-crm]

It's common for businesses like yours to encounter manual errors and delays in managing their accounts receivables, which they believe to be inevitable. By requiring employees to perform manual tasks, they spend more time on basic tasks and less time on adding value to the organization. This reduces productivity automatically.  

Yes, manual accounts receivable processes are prone to mistakes and delays, which may be detrimental to a company's bottom line.  

But who says it's unavoidable? It can be avoided and prevented from occurring. Let's take a look at how.  

Some common errors and delays in the Accounts Receivable Process  

1. Manual Data entry:  

The traditional accounts receivable process, which is done using spreadsheets, is always comfortable for most individuals. Manual data entry is prone to errors and delays, which may be both time and money-consuming.  

Poor cash flow maintenance.  

Poor record maintenance and management.  

Follow-ups were delayed and irregular.  

You may think that these are standard errors that all organizations make while manually processing and monitoring accounts receivable.  

Yes, however, most people are unwilling to modify their accounts receivable process to boost cash flow and productivity.

For example;   

If a business owner submits a wrong invoice or payment amount by accident, they may not recognize the error until it is too late.  

2. Misplaced or lost invoices:  

An invoice is a sort of bill that is given to the customer asking for payment for services or products provided on credit. A decent invoice should be formal, professional, and, most importantly, in a suitable tone.  

Not Sending Your Invoice Instantly.  

Fail to provide a payment deadline.  

The invoice was delivered to the wrong person.  

Services are not listed.  

Your invoice is lacking in politeness.  

Terms are not being stated.  

There was no follow-up.  

These are some of the common mistakes and errors that wreak havoc on invoices and the responses they trigger. 

Invoices are widely ignored or misplaced when handled manually. This may result in payment delays since the business owner may be unable to locate the invoice when it is needed.  

3. Inaccurate record-keeping:  

Keeping track of your customers and payments manually may be time-consuming and error-prone. This can result in erroneous records that are difficult to update and may even lead to customer disputes.  

Inaccurate record-keeping is the practice of failing to maintain the records properly. This can be purposeful or accidental, and the consequences for individuals, organizations and even nations can be severe.  

lack of training,   

lack of attention to detail,  

lack of correct protocols   

These are all major causes of faulty record-keeping. Incomplete or erroneous records can lead to lost or wrong information, misunderstandings, and a lack of responsibility.  

To prevent these issues and guarantee that their records are dependable and trustworthy, you must prioritize proper record-keeping.  

4. Lack of visibility:  

Accounts receivable visibility refers to a scenario in which an organization does not have a clear or complete view of the money owed to them by their customers.  

This can be caused by a variety of circumstances such as   

including insufficient record-keeping,   

poor customer communication,  

lack of appropriate systems and processes for tracking and managing accounts receivable.  

a lack of visibility over your accounts receivable can make it difficult to   

manage your cash flow,  

plan for the future,  

ensure that you get paid on time.  

It can also lead to misunderstandings and disagreements with your customers, as well as financial losses for your organization.  

5. Slow payment processing:  

Slow payment processing in accounts receivable entails a situation in which a business or organization takes a substantial amount of time to handle payments owing to them by their customers.   

This can occur for several reasons, including   

a lack of effective systems and processes for managing accounts receivable,   

insufficient employees or resources,  

a significant volume of payments that must be handled.  

slow payment processing can be a big concern for your business, causing   

cash flow problems,  

challenges controlling and projecting income,  

even disagreements and lost customers.   

To minimize sluggish payment processing, make sure you have adequate systems and processes in place for handling your accounts receivable, as well as enough employees and resources to manage the number of payments you receive.  

How to eliminate Manual Errors and Delays?  

An accounts receivable automation software can help you eliminate manual errors and delays in your accounts receivable process. Many of the tasks associated with managing your accounts receivable, such as   

issuing invoices,  

monitoring payments,  

reconciling accounts,   

are automated by this software.  

The software can help reduce the probability of errors and improve the accuracy and efficiency of the accounts receivable process by automating these tasks.  

Implementing data validation checks is one method that accounts receivable automation software can help avoid manual errors. These checks can help to ensure that the information being entered into the system is proper and full, lowering the possibility of mistakes like transposed digits or wrong customer information.  

Additionally, accounts receivable management software can help eliminate manual delays by automating tasks such as invoice generation and payment tracking. This can speed up the accounts receivable process and reduce the time it takes to process payments, leading to faster turnaround times and improved customer satisfaction.  

Overall, using accounts receivable software can help you in improving the accuracy and efficiency of your accounts receivable process, reduce the risk of errors and delays, and improve your financial health.  

Maxyfi – Accounts Receivable Software  

With Maxyfi - an Accounts Receivable Automation Software, you can enhance and empower your business through efficient collections, powerful workflows, and customizable templates. The following are some of the benefits that you’ll get from Maxyfi.  

1. Accounts Receivable Process with Prioritized List  

In the accounts receivable process, a prioritized list is a rating of outstanding invoices based on the urgency and necessity of their payment. This list assists in prioritizing which invoices should be paid first, such as those with upcoming due dates or the highest outstanding amounts. This guarantees that the company maintains a healthy cash flow and avoids any concerns with late payments or defaults on existing obligations.  

Maxyfi Accounts Receivable Management Software with the help of underlying power full AI engine with workflows, creates the prioritized list for actions in a flash, saving hours of manual activity and increasing productivity!  

2. Accounts Receivable Automated Reminders   

Accounts receivable automated reminders are a system that sends invoice reminders to customers regularly to remind them to settle their outstanding debts. This can assist organizations in more efficiently managing their accounts receivable process by ensuring that invoices are paid on time and reducing the number of outstanding bills.  

Automated reminders may be delivered through email or SMS and can contain the amount owed, the invoice number, and other relevant information. This can assist to enhance the business's connection with its customers by demonstrating that the business is proactive in managing its accounts receivable and is committed to maintaining a positive working relationship.  

Maxyfi provides an infinite number of pre-defined templates to meet workflow requirements, as well as customization capabilities and automatic reminders to improve efficiency. You can also make one from scratch!  

3. Accounts Receivable Workflow Management  

Workflow management in accounts receivable is the act of monitoring and coordinating the flow of work associated with handling incoming payments for an organization.  

Invoicing customers,  

following up on delinquent payments,  

applying payments to accounts,  

reconciling accounts to verify that all payments are accounted for and correctly documented are examples of such activities.   

Workflow management in accounts receivable aids in the seamless and effective operation of the accounts receivable process, as well as the timely receipt of payments.  

Powerful workflows that help your organization in tracking high-priority prospects and personalizing follow-up communications to slow or non-paying customers. Overall, it ensures that your company recovers all outstanding debts.  

4. Accounts Receivable Dispute Management    

Accounts receivable dispute management is the process of resolving disputes that emerge when a customer or client questions the authenticity of an invoice.  

This procedure normally entails analyzing the disputed invoice and accompanying documents, collaborating with the client to settle the dispute, and making any required account modifications. The purpose of dispute resolution is to handle problems promptly and effectively while preserving strong customer relationships.  

Handles disputes efficiently without losing on unrecoverable debts. Also helps boost effective conversations and good customer experience.  

5. Promise to Pay Requests in Accounts Receivable Automation Software  

Accounts receivable dispute management is the process of resolving disputes that arise when a customer questions the validity of an invoice.  

This procedure normally entails analyzing the disputed invoice and accompanying documents, collaborating with the customer to settle the dispute, and making any required account modifications. The purpose of dispute resolution is to handle problems promptly and effectively while preserving strong customer relationships.  

A payment plan or payment agreement, which defines the terms and circumstances of the payment, including the amount to be paid, the due date, and any penalties for late payment, is often used to document the promise to pay. To ensure a healthy cash flow and financial stability, businesses must carefully manage their accounts receivable and follow up on any outstanding debts or commitments to pay.  

A promise is one of the most common approaches to collecting payment dues where the customer is made to agree to pay by the date and systematically follow up to ensure they pay. Maxyfi Accounts Receivable Software has the best promise tracking and integrated follow-up communication mechanism.  

6. Call Back Request in Accounts Receivable Automation Software  

A callback request is when a customer requests to be contacted about their outstanding balance or payment at a later time in the accounts receivable process. This might be because they require more time to gather the necessary finances, or they may like to discuss a payment plan or other solution.   

When your customer is unable to make a payment or resolve an outstanding amount on the initial call with your organization’s accounts receivable management system, they often request a callback.  

Well, Maxyfi offers a Call Back option in its customer portal for customers to reach out easily and discuss their payment plan later.  

7. Outbound Email & SMS in Accounts Receivable Management Software  

Outbound email and SMS in accounts receivable refers to the practice of sending emails and text messages to customers to remind them of outstanding payments or to convey account information.  

Payment due dates,  

payment reminders,  

account changes,  

other account-related information   

maybe included in these messages.  

Outbound email and SMS can help you manage your accounts receivable process and keep your customers up to date on their invoices.  

Maxyfi allows you to configure your business email as well as your SMS gateway credentials, which determine where the email/SMS is delivered from your business account.  

8. Customer 360 View  

In accounts receivable, a customer 360 view refers to a full, holistic perspective of a customer's financial data, including outstanding invoices, payment history, and creditworthiness. This sort of perspective is critical in the accounts receivable process because it enables organizations to better manage outstanding invoices and make accurate credit and collection choices.  

You may gain a detailed picture of your customer's financial status with a customer 360 view and use that information to streamline your accounts receivable process and increase your overall cash flow.  

This shows a thorough summary of your   

customer's invoices,  

due and late payments,  

workflow action schedule,  

contact information, and so forth.   

This allows your company to track and monitor each customer and collect pending payments on time.  

9. Real-Time Analytics and Dashboard  

A tool that gives an up-to-date picture of your accounts receivable process is real-time analytics and a dashboard in the accounts receivable process.  

It lets you analyze and monitor your accounts receivable performance in real-time, giving you insights into customer payment trends, delinquent invoices, and other crucial metrics. The dashboard also displays data visually, allowing you to rapidly discover areas for improvement and take action.  

Maxyfi AR CRM provides a powerful and sophisticated dashboard that provides an informative view of  

Overdue Summary,  

Aging Summary,  

DSO,  

Needs Action,  

Top Debtors,  

Customer Segmented view  

of the phases of collection, they are in.  

Final thoughts: Maxyfi Accounts Receivable Automation Software  

You may now understand how to easily eliminate manual errors and delays while increasing and expanding your company's cash flow and productivity. If anything is still holding you back, give it a free trial.  

You can easily learn the magic of accounts receivable automation by reading the Maxyfi blogs.  

[thatssosussex]

“It was a surreal and special moment,” she tells Bazaar.com of receiving the call. “It really means so much to have the duke and duchess validating us in our mission.” — Trisha Prabhu, founder of Rethink⁣

⁣Young leaders working to create safer and more inclusive online spaces have received surprise phone calls from Prince Harry and Duchess Meghan in praise of their efforts.⁣

⁣This week, the couple’s Archewell Foundation joined the Responsible Technology Youth Power Fund advisory committee to launch a $2 million grant for 26 youth-led initiatives advocating for a more equitable and accountable technology ecosystem. ⁣

⁣In a special video recorded at the couple’s Montecito, California, home last month, the Duke and Duchess of Sussex sit together as they congratulate a number of the fund’s inaugural beneficiaries. Over the months ahead, each organization will use grant funding to continue their efforts addressing tech-related issues, from protecting human rights and improving education access, to ensuring responsible use of AI and tackling online bullying. — via Harper’s Bazaar

“We are thrilled to announce our first cohort of 26 youth and intergenerationally-led organizations advocating for responsible technology.” — Responsible Technology Youth Power Fund⁣

⁣

[annabtg]

I try not to buy into the whole AI/bot panic for a multitude of reasons, but I recently found out about something that really bothered me.

Some of my friends in the Lois & Clark fandom have been receiving comments from bots on their newest stories. I will not be using a cut as I feel it's important for people to see them (but let me know if it gets too annoying on your dashes):

How can you tell these comments were written by bots:

They're all guest comments (notice the lack of a link under the name).

They contain absolutely no mentions of the specific fandom, characters or events in the story, just generic compliments. (Notice how one says "the protagonists" instead of the characters' names! Who writes like that!!)

The assumption is that the bots leave comments so that they can pass as human and not get flagged as bots. Perhaps it also serves as training for them, teaching them how to pass through spam filters.

The thing is - regardless of how one might feel re: AI text bots being trained on fanfiction, leaving fake comments on stories is disingenuous, offensive and unethical. We write to connect with and reach out to an audience that can understand our stories and share in our love for the characters and storylines. If we wanted empty compliments, we could write them ourselves. :P

Obviously, I don't have the power to convince the people who create these bots to leave us the fuck alone, or make them understand that it's shitty to play with people's feelings like that and reduce their artistic efforts to a bot training ground. So instead I tell you, my fellow fanfiction aficionados:

REGISTER ON AO3. Stuff like that makes people lock their fics to keep the bots away. If you haven't got an account yet, now is the time.

LEAVE COMMENTS. Balance out the fake comments with your own, genuine ones. Even a simple "I liked this!" can make a writer smile.

REACH OUT. Don't let fandom become a place where no one knows what's real and what's not. Make an effort, make friends. We're all as shy and weird as you, I promise.

DON'T USE AI FOR YOUR FANFIC ENDEAVOURS. Don't feed it stories, don't make it write your stories and comments for you. Just don't.

Personally, having seen that, I'm tempted to lock my fics even though I don't really want to. We'll see.

[couldntbedamned]

Couldntbedamned's Master List

This is my Master List of fics I’ve written.  I’m linking them to my AO3 account.

Please be sure to carefully read all the tags and warnings posted for a fic – YOU are responsible for the content you choose you consume.

Updated as of 25 April 2024

Reader Fics

Right Now, Take Me Down (I Let You In) Tony Stark/Female Reader – Mature, Complete

Tony snoops through your phone and discovers some uh, fantasies and desires you’ve been keeping hidden. He takes it upon himself to make those fantasies and desires a reality, thanks to his amazing nanotechnology and trusted AI.  (A/B/O Roleplay)

Til the Veins Start to Shiver Bruce Banner/Female Reader – Mature, Complete

You decide to tease Bruce with some provocative photos while he's working. Bruce decides to tease you right back, and then some.  (Light Dom/Sub)

A Little Evening Break Stephen Strange/Female Reader – Mature, Complete

The Reader isn’t quick to comply with Stephen’s instructions and he gives her a hard time.

There’s Only Butterflies (Take Me Away) Stephen Strange/Reader, Strange Supreme/Reader, Defender Strange/Reader, Supreme Strange/Reader, Sinister Strange/Reader – Mature, Complete

It’s a pocket-dimension full of sunshine, with love that’s all theirs.

A Sweet Escape (To Better Days) Stephen Strange/Reader, Strange Supreme/Reader, Defender Strange/Reader, Supreme Strange/Reader, Sinister Strange/Reader – Mature, Complete

While it at first it weighed heavily on her, the knowledge that five of the most powerful beings in the multiverse were with her instead of protecting all of reality, she couldn’t deny the thrill that also came with that. The universe truly revolved around her. Her loves revolved around her and everything she was, she had, she did was for them in return.

Sometimes It Hurts Instead

Stephen/Reader (unrequited), Stephen/Clea, Reader/Reader's Husband - Teen, Complete

You see that the man you'd once had feelings for has moved on. You're not sure how to feel.

Waiting for the sun to be rising

Stephen/Chronically Ill!Reader - Mature, Complete

After a wild romp, you relax with Stephen and contemplate your relationship, reassuring him that regardless of what he does (or doesn’t) say you know exactly how he feels about you.

With a little peace and some harmony

Stephen/Chronically Ill!Reader - Teen, Complete

You’re sick and thanks to a weakened immune system, having a hard time resting and fighting it off. It’s absolutely miserable but lucky for you, Stephen is more than willing to step into the role of caretaker and help you feel better.

 Starker Fics (Tony Stark/Peter Parker)

Please note that Peter is an adult in all of these.

This is What You Came For Mature, Complete

Mr. Stark has had enough of what he considers to be Peter's not-so-subtle hints that he wants to get f*cked. He decides to teach Peter a lesson.

An Absolutely Peerless Cure Dark!Tony – Mature, Complete

When Peter gets the hiccups while on patrol, Tony takes it upon himself to help rid him of the pesky problem. Sure, that Wikipedia article could be absolute horseshit, and sure, Dr. Strange had been tipsy when he agreed with it, but it's a risk Tony's willing to take in his quest to draw Peter closer to him.

…And Many More Mature, Complete

Tony has a surprise for Peter's birthday, putting a true Tony Stark spin on a long-standing wish that Peter's had. Because whether he's giving or receiving, Tony is always in charge. Not that Peter's complaining.

(Just to See How It Feels) Mature, Complete

It's late. Peter's tired and wants to sleep because he has a big exam in the morning. Tony's horny. So maybe he can convince Peter to let him put in just the tip. (It's never just the tip.)

Getting the Best Mature, Complete

Peter Benjamin Parker is a genius. A once-in-a-lifetime type of genius.

And the little prick has the nerve to be undecided, even with the promise of a full-ride to MIT.

Even Saints Into Savages Mature, Complete

The mission was supposed to be a cake walk. Get in, get the stupid mystic alien amulet, get home. So, they figured it was safe enough to bring Peter along. Only Rocket assumes something, and that assumption leads to an awkward situation for everyone involved. Tony'll do whatever it takes to save Peter. If only he didn't know that he'd enjoy it so damn much. (Aliens Made Them Do It)

Back to Where You’ve Never Been Mature, Work in Progress

In an alternate reality, Peter Parker is living out his dream of being Spider-Man and working as an intern for Stark Industries (and the Avengers!) under his hero, Tony Stark, before heading off to college.  For the most part, it's incredible.  Okay, the Avengers treat him like he's still a child, and Mr. Stark's not exactly the friendliest mentor. But still, it's good.

Except that recently, Mr. Stark's been in the worst mood and Peter finds himself the unwitting focus of the man's ire.  He tries to keep his spirits up and tell himself that it's not personal, that anyone in the lab would be a target, but when Mr. Stark kicks him out, Peter knows he's done.

Then he finds himself falling for what feels like an eternity before returning to New York.  Only it's not his New York City and the Iron Man he ends up fighting alongside is definitely not his Iron Man.  Anthony Stark is kind of perfect.  The Other Avengers are kind of perfect.  Everyone here seems to love him.  And when he and Anthony are tapped by Dr. Strange to help seal the rift between realities, Peter finds himself wondering if he was supposed to be in the reality with Anthony all along.  (AU of an AU)

Updated with Chapter 14 on 02 January 2024

SpiderStrange Fics (Peter Parker/Stephen Strange)

Please note that Peter is an adult in all of these.

One in Fourteen Million, Six Hundred and Five Dark-ish!Stephen – Mature, Complete

Stephen doesn't have time to admire Peter as much as he'd like, given that they're trying to stop total Armageddon. This is the fate of the universe at stake; his attraction doesn't really have a place here. But even still...

("Oh, we're using our made-up names? Ok, I'm Spider-Man.")

Something about this stupidly brave and chatty guy intrigues him.

Now That I’ve Found You (I Won’t Let You Go) Dark!Stephen – Mature, Complete

All Stephen wants is for Peter Parker to be happy and safe... with him. When Peter rejects Stephen? Stephen doesn't take it very well. He'll just have to ensure that Peter realizes that Stephen is his future.

Only Of What’s Mine Mature, Complete

Peter wasn't expecting to find an Alpha so soon after turning 18. After all, many Omegas don't bond with an Alpha at all until they're in their mid-20s at least. But after everything on Titan and the Snap and then the Blip and Mr. Stark nearly killing himself to destroy Thanos once and for all, Stephen had taken an interest in Peter. And Peter, god help him, was just as taken with the Alpha. (A/B/O AU)

The (It’s Not Sex Pollen!) Powder of Prana Mature, Complete

Stephen warns Peter to be careful while exploring the Sanctum. Peter, naturally, doesn't listen. The Powder of Prana goes flying. And now Stephen finds himself the only person Peter trusts to keep him from dying. With sex. (Sex Pollen AU)

Private Practice Mature, Complete

Peter Parker's appointment with Dr. Strange doesn't go as he'd planned when the good doctor prescribes a certain medical procedure. (Medical Kink/Medical Play)

Yours to Break (But Always Mend) Mature, Complete

Peter’s tears had long since stopped, replaced by weak, hitched sobs sometime after what might have been the sixth or seventh blow. He couldn’t remember why snapping back at Stephen like a brat had seemed like a good idea. He couldn’t remember why breaking the rules in the first place - starting all of this - had seemed like a good idea. (Dom/Sub)

I Know the Storms Will Always Come (But I Still Love to Have You Around) Mature, WIP

After Endgame, Stephen returns from another dimension to find Peter's life threatened by Quentin Beck's schemes. He undoes the damage and takes a struggling Peter into his care.

Peter needs time and a safe place to rebuild himself; Stephen's happy to provide that, even as he works to push aside the feelings he has. It's a tricky line to walk, setting boundaries and structure for Peter while imagining those same things in a very different context.

As Peter begins to come back to his usual self, personalities and wills clash, occasionally helped along by a certain Witch and a perpetually amused and exasperated Librarian. And Stephen finds that he can't plan for everything.

These Inconvenient Fireworks Mature, WIP

After a battle, Mr. Stark crosses a line with Peter. Peter, tired of being on the receiving end of Mr. Stark's anger, asks Stephen - who's witnessed everything - to take him away. In doing so, Stephen starts down a path with Peter he didn't see coming.

Alternatively: Peter's heart gets broken and Stephen helps put it back together.

Updated 23 Sep 2023

It’s All Routine Mature, Complete

Peter Parker is back at Dr. Strange's office for a physical required by his upcoming internship. He's hoping it will be quick and easy, but when Dr. Strange finds out that he hasn't had a physical since he was a young child, his hopes are dashed. Dr. Strange intends to be very thorough. (Medical Kink/Medical Play)

You Kiss Your Sorcerer With That Mouth? Mature, Complete

During a mission, Spider-Man lets some choice words for Dr. Doom slip. Stephen's less than pleased at Peter's disregard for how he's supposed to conduct himself as Spider-Man when he's in the public eye. He gives Peter some time to think about what he's done, and has a creative way to ensure Peter thinks twice before doing it again. (Domestic Discipline)

Help Me Up, Let’s Keep On Running Mature, Complete

Peter and Stephen have several rules set up in their dynamic. The two biggest? That Peter will look after his health and well-being, and that they will always be honest with each other.  

Peter manages to break both of them in one fell swoop, and Stephen is none too pleased.

Discussions are had, actions lead to consequences, and Peter emerges from the experience secure in the knowledge that Stephen will do whatever it takes to make sure he's cared for and loved. (Domestic Discipline)

I Can See The Man That I Fell For Fighting Mature, Complete

It was supposed to be a quick in and out job. Just into the study to grab his book he’d left in there by accident the night before, and then out before Stephen even knew he was up and about. Harmless.

It wasn’t his fault that Cloak decided it needed to follow him around like some overly nosy puppy. Or that Cloak decided it needed to join him in the study as he looked for his book. Or that Cloak had decided to apparently “guard” something in the study in way that just screamed suspicious and naturally piqued Peter’s curiosity.

In and out, no harm done.

But when it became clear that Peter was overstaying his welcome in the space, Cloak had also felt the need to snitch.

He’d really, really fucked up. (Domestic Discipline)

This Back's Not Going to Break So Easily - Part 1 of 2, This Back’s Not Going to Break So Easily - Part 2 of 2

Mature, Complete

When Peter comes to Stephen upset and insisting he needs to be punished, Stephen knows something's wrong. Given a chance to calm down and feel safe, Peter explains what happened while he was at the Tower working in the labs and interrupted by Harley. Stephen reassures Peter that he did nothing wrong and does his best to comfort him.

Also featured: Stephen confronting Tony and Harley like a boss, Peter and Stephen's love, trust, and mutual respect for each other, lots of fluffy/dirty teasing, and pizza. (Domestic Discipline)

And I Let the Knots of Time Come Undone Mature, Complete

After breaking one of their established rules, Stephen finds himself at Peter's service for the day. Tasked with his least favorite chores, Stephen tries to maintain his sanity and make it through, all while reluctantly admitting to himself that all things considered, he's getting off easy.

If only he could get rid of that damn bell... (Domestic Discipline)

Our Road Gets Better With Every Bend Mature, Complete

Peter's getting ready for his junior year at Columbia. But before he goes back to school, there's the matter of his 21st birthday to deal with. Which is inevitably going to affect The Rules he and Stephen have. And what should be a nice night out for Peter's birthday takes a bit of a detour when a former acquaintance from Peter's freshman year unexpectedly runs into the happy couple.

Stephen's not jealous. No, not one bit. (Domestic Discipline)

Maybe If I Hold You Close, Baby We Could Just Let Go Teen, Complete

While the idea of accompanying Stephen to the high-brow fundraisers and charity galas seemed glamorous at first, Peter found the reality turned out to be much more disappointing. Everyone looks down their nose at him; people are forever swarming Stephen and flirting with him; and Peter usually finds himself alone, bored, counting the time until they can leave. However, he keeps attending in the hopes that he'll finally get a chance to dance with Stephen like he'd imagined.

One night he gets to dance with a surprising friend, which may finally lead to a bit of happiness at the damned events going forward.

Or Stephen might take issue, if another friend doesn’t take it upon herself to give him a clue. (Domestic Discipline)

I'm Counting On A New Beginning, A Reason For Living Mature, Complete

Peter's been in a bad mood and his recent stretch of bad luck isn't helping matters. Stephen hasn't been able to get through to him, and even when Peter takes his punishments for acting out, something's off. Worried about his partner, Stephen tries to think of what it is he might have done wrong. Upset, Peter pulls away.

It takes a bad set of prototype arrows, saving someone's life, a friend snitching, a stern Dr. Palmer taking control of a situation, a very un-teamlike spying session, and an uncomfortable discussion or two before Stephen and Peter are back on the same page. (Domestic Discipline)

Man, What Are You Doing Here? Mature, Complete

He only had one final left to take... and then he was done with everything until the fall semester of his final year as an undergraduate. Since his final wasn’t until Thursday afternoon, he didn’t see the harm in going out with some friends to celebrate and cute loose on Tuesday evening.

Would he have chosen a bar? No. He wasn’t supposed to drink on school nights and honestly, he preferred going to the movies or a show. But he was in college and honestly, it wasn’t like it needed to be a big deal.

And it wasn’t like Stephen needed to know. (Domestic Discipline)

Cold Comes From the East Side (Ch. 1)(Ch. 2)(Ch. 3) Mature, WIP

Peter breaks one of the rules in a spectacular way and suffers the consequences. It's rare for Stephen to actually be angry with him, but given the circumstances, Peter supposes the anger is more than earned. It's a hell of a situation for the pair of them and Peter wonders if they'll actually make it through. (Domestic Discipline)

Published Chapter 3 on 14 August 2023

Goodbye Grey Sky, Hello Blue Mature, WIP

In an alternate universe where trains and zeppelins are still common forms of travel and the internet and cell phones exist, Peter Parker has few options left after he's swindled out of his inheritance. Unable to pay for college, let alone keep the house left to him by his deceased aunt, he's running out of time before he's out on the streets. Desperate, Peter signs his life over to the Bureau of Civic Spousal Selections to take his chances as the selected husband of a complete stranger. After all, he only has to make it through a year and then he can choose to annul.

Dr. Stephen Strange has little interest in marriage, preferring to focus on his career. When his career is threatened by what a nosy board of directors considers a "lack of personal fulfillment and settling down," he opts to select a spouse through the BCSS and chooses Peter Parker. The young man's profile suggests intelligence and compatibility. It's not ideal, but if after a year it's not working out, he can always annul the marriage and send Peter on his way.

It's a marriage neither truly wants, with sharp learning curves for both. It's either going to be forever or it's going to go down in flames. (Domestic Discipline, 1950s-Modern Fusion AU)

Updated with Chapter 34 on 25 April 2024

Nevertheless, Recover Mature, Complete

Peter finds himself once again in Dr. Strange's office, hoping to find a reason and a cure for his latest ailment.  He's come to the right place, since Dr. Strange will do everything it takes to diagnose and treat Peter. Hopefully, Peter will survive the embarrassment. (Medical Kink/Medical Play)

Doctor 13 Fics (Christine Palmer/Sharon Carter)

Baby, You Don't Gotta Fight Mature, WIP

Ch. 1, Ch. 2, Ch. 3, Ch. 4, Ch. 5, Ch. 6, Ch. 7

Dr. Christine Palmer is just living her life, content in her job as a trauma surgeon and happily moonlighting as Peter Parker's general physician at her old friend Stephen's request.

One evening as she finishes up examining Peter, she encounters the force of nature that's Sharon Carter, who seems to have a reckless streak a mile wide.

She's not sure what to make of the spy-turned-Avenger, but she can tell Sharon's hurting, and Christine's healing nature won't be ignored.

Iron 13 Fics (Tony Stark/Sharon Carter)

Feels So Right, Can’t be Wrong Teen, WIP

Prologue | Yellow Tulip | Blue Salvia | Yellow Narcissus | Red Morning Glory

The setting: Sanctum General Hospital in Sanctum Heights, New Amsterdam

Starring: Sharon Carter - former Central Security Bureau operative, Selecting Spouse in a horrifically failed Bureau of Civic Spousal Selections marriage, patient AND Anthony Edward "Tony" Stark - owner and CEO of Stark Industries, Futurist determined to rebuild a world his father built weapons to destroy, love interest

With Appearances by:  Nurse Wong, Orderly Rintrah, and Billy the Admin

And Featuring Doctor Stephen Strange as "the Surgeon"

Or, "Five Dates Tony and Sharon Had in Her Hospital Room and One They Had After She Was Discharged"

Updated 23 November 2023

The Phoenix Protocol Mature, WIP

Chapter 1, Chapter 2, Chapter 3

No one else but Tony thought anything was off about Sharon. Investigating on his own, he discovered and brought down her Skrull impersonator and when he found the real Sharon near death, he made a choice that would change both of their lives.

MISC

This is What I Brought You, This You Can Keep

Stephen Strange/Clea Strange/Peter Parker - Mature, Complete

...who is he to deny the woman he loves - the woman who has seen into his soul with all its trials, agony, and dreams and loves him because of it! - who is he to deny her anything she desires?

If you feel so moved, feel free to buy me a cup of coffee! Couldntbedamned's Ko-Fi

[isabellaseraphinabloger]

Exploring AI's Benefits in Fintech

The integration of artificial intelligence (AI) in the financial technology (fintech) sector is bringing about significant changes. From enhancing customer service to optimizing financial operations, AI is revolutionizing the industry. Chatbots, a prominent AI application in fintech, offer personalized and efficient customer interactions. This article explores the various benefits AI brings to fintech.

Enhanced Customer Experience

AI-powered chatbots and virtual assistants are revolutionizing customer service in fintech. These tools provide 24/7 support, handle multiple queries simultaneously, and deliver instant responses, ensuring customers receive timely assistance. AI systems continually learn from interactions, improving their efficiency and effectiveness over time.

Superior Fraud Detection

Fraud detection is crucial in the financial sector, and AI excels in this area. AI systems analyze vast amounts of transaction data in real time, identifying unusual patterns and potential fraud more accurately than traditional methods. Machine learning algorithms effectively recognize subtle signs of fraudulent activity, mitigating risks and protecting customers.

Personalized Financial Services

AI enables fintech companies to offer highly personalized services. By analyzing customer data, AI provides tailored financial advice, recommends suitable investment opportunities, and creates customized financial plans. This level of personalization helps build stronger customer relationships and enhances satisfaction.

Enhanced Risk Management

AI-driven analytics significantly enhance risk management. By processing large datasets and identifying trends, AI can predict and assess risks more accurately than human analysts. This enables financial institutions to make informed decisions and manage risks more effectively.

Automation of Routine Tasks

AI automates many routine and repetitive tasks in fintech, such as data entry, account reconciliation, and compliance checks. This reduces the workload for employees and minimizes the risk of human errors. Automation leads to greater operational efficiency and allows staff to focus on strategic activities.

Advanced Investment Strategies

AI revolutionizes investment strategies by providing precise, data-driven insights. Algorithmic trading, powered by AI, analyzes market conditions and executes trades at optimal times. Additionally, AI tools assist investors in making better decisions by forecasting market trends and identifying lucrative opportunities.

In-Depth Customer Insights

AI provides fintech companies with deeper insights into customer behavior and preferences. By analyzing transaction history, spending patterns, and other relevant data, AI predicts customer needs and offers proactive solutions. This level of insight is invaluable for targeted marketing strategies and improving customer retention.

Streamlined Loan and Credit Processes

AI streamlines loan and credit approval processes by automating credit scoring and underwriting. AI algorithms quickly assess an applicant’s creditworthiness by analyzing various factors, such as income, credit history, and spending habits. This results in faster loan approvals and a more efficient lending process.

Conclusion

AI is transforming the fintech industry by improving efficiency, enhancing customer experiences, and providing valuable insights. As technology advances, the role of AI in fintech will grow, driving further innovation and growth. Embracing AI solutions is essential for financial institutions to stay competitive in this rapidly changing landscape.

[lets-zofifi-stuff]

Howdy!📌

I'm Zofifi, your friendly neighbour fanfic writer.

⚠️My AO3 works are going to be locked for not registered users to prevent them being used by AI or lore.fm without my permission.⚠️

Sorry guys. Please make accounts.

🌞The list of my fanfics (DCA)🌛

Death Games and Robots 🏛️⚔️- You are a regular citizen of the Roman Empire. You receive a horrible prophecy according to wich you are going to be loved by some mysterious and powerful creatures. Also you may or may not cause some unspecified cataclysm.

The Smallest Miracles 🦋✨- Two fairies, one witch, some gibli aestetic and no romance. Inspired by ayyy-imma-ninja's fairy AU and petrixmuserb's fairy friends AU.

Diving in stars, all alone 👽🪐 - You were a test pilot for prototype FTL space drive. Shockingly, it worked, sort of, and you got gliched outside of the solar system, and your ship systems get fried. You find a big alien spaceship with only two inhabbitants. They are as trapped as you are but maybe you can help each other out.

Siren's Kiss 🌊💕- Inspired by art by paper-lilly. Mermaids rescue a strange land animal from drowning. They have no idea it's actually the most dangerous creature on earth (a human). But it's cute. ( ˘ ³˘)♥︎

The mask is becoming you 🎭👤- This doppelganger assassin is very bad at their job and the humans they were supposted to kill turned out to be far too cute. (Mashup of DCA and That's Not my Neighbour)

Friends Stick Together 🔥❤️- A short fic about the fire and the rescue. Co-created with gniteruirui and sinistersincerely.

Friends Stay Forever 🏠🌚- Sequel to ^Friends Stick Together^. Everyone need o calm down after the fire. Mostly comfort and domestic fluff.

Friends Keep Secrets 🤫💖 - Everybody in pizzaplex keep their secrets. You are the friend that can be trusted with them. Independent prequel to "Friends Stick Together"

Summoning Unearthly Forces (Responsibly) 😈❄ - a comedy OC & Demon!dca story made for oreoexe as a secret santa gift. - Alice got lost in the forest. In the old bandoned cabin she found something she would never expected.

My AU's that don't have a fic (yet):

Psychic AU - The reader posses psychic abilities. During the visit in the pizzaplex they immediately sense something that something supernatural is going on, and the anxious mess that is the daycare attendant is connected to it. Together they began investion.

Space Titan AU - You find an ancient war mashine, giant robot with two AI's, constructed centuries ago by advancent race of aliens. You accidentally wake them up.

I have a sideblog @automatonsintogas dedicated to "Death Games and Robots" fic. I post there any fanart I get of it, fun facts about the world, breadcrumbs and links to new chapters, and such.

MY CURRENT PROFILE PICTURE IS:

Me as a starry-night witch! Made by @helloruirui TY! 💙 (psst, you can commision them too!)

@ Links to my other socials @

You know, in case this site perishes one day

Bluesky🦋 Cohost🐞 Artfight⚔️ Twitch💬

[mariacallous]

Let’s say you just searched Google to learn more about this new AI Overview feature that everyone’s talking about. If your query triggers an AI Overview—and not every query will—then you might see an AI-generated summary of this very article at the top of your results. These new AI Overviews in Google Search present users with AI-generated answers to queries that are culled from information on the web, and they’re presented in a way that gives you the answer you seek without ever requiring you to click on a web link or even learn the names of the publications that the AI used as sources.

Google has already released a nascent version of AI Overviews within something called the Search Generative Experience, but it was only available to users who opted in. However, at the company’s I/O developer conference this week, Google announced that the newly renamed AI Overviews is now receiving a wider launch; everyone in the US who uses Google to search the web or ask a question will now see AI Overviews at the top of their results—again, if their question can be answered by a summary.

What if you’d rather just see web links? Unfortunately, AI Overviews are baked into the default search results page now. You can’t opt out of seeing them or turn them off. While there’s no way to fully disable AI Overviews for your Google account, you can choose to just see a search results page filled with web links. You have to select a special filtered view after each individual query. After landing on the search result page topped with the AI Overview, click on the More tab—it should now appear among other filter options like Images, Videos, Shopping—and click Web. You’ll see a results page just showing links to actual websites.

When can you expect your query to trigger an AI-generated summary of the results? “AI Overviews appear for complex queries,” says Mallory De Leon, a Google spokesperson. “You'll find AI Overviews in your Google Search results when our systems determine that generative AI can be especially helpful–for example, when you want to quickly understand information from a range of sources.” During my initial tests, it felt like the AI Overviews popped up almost at random for queries, and the summaries appeared for simple questions as well as more complicated asks.

According to De Leon, the AI Overview is powered by a customized version of Google’s Gemini model that’s supplemented with aspects of the company’s Search system, like the Knowledge Graph that has billions of general facts.

One of my core hesitations about this feature as it rolls out is the continued potential for AI hallucinations, more commonly known as lies. When you interact with Google’s Gemini chatbot, a disclaimer at the bottom reads: “Gemini may display inaccurate info, including about people, so double-check its responses.” There’s no such disclaimer added to the bottom of the AI Overview, which often simply reads, “Generative AI is experimental.”

When asked why there’s no mention of potential hallucinations for AI Overviews, De Leon emphasizes that Google wants to still offer high-quality search results and mentions that the company did adversarial red-teaming tests to uncover potential weak points for the feature.

“This implementation of generative AI is rooted in Search’s core quality and safety systems, with built-in guardrails to prevent low-quality or harmful information from surfacing,” she says. “AI Overviews are designed to highlight information that can be easily verified by the supporting information that we surface.”

Knowing this, you might still want to click through the webpage links to double-check that the information is actually correct. Though it’s hard to imagine many users, who are often looking for quick answers, will spend extra time reading over the source material for Google’s AI-generated answer.

Liz Reid, Google’s head of Search, recently told my colleague Lauren Goode that AI Overviews are expected to arrive for countries outside of the United States before the end of 2024, so over a billion people will likely soon encounter this new feature. As someone whose job relies on readers actually clicking links and spending time reading the articles, of course I’m apprehensive about this change—and I’m not alone.

Beyond concerns from publishers, it also remains unclear what additional impacts might trickle down to users from Google’s AI Overviews. Yes, OpenAI’s ChatGPT and other AI tools are quite popular in Silicon Valley tech circles, but this feature will likely expose billions of people, who have never used a chatbot before, to AI-generated text. Even though AI Overviews are designed to save you time, they might lead to less trustworthy results.

[measuringbliss]

So one thing I suddenly started thinking about with my insomnia-ridden single braincell was translation in Harry Potter. Not translation of the books (although it IS fascinating), but translation of books, in-universe. And speech-translation, and presumably translation of everything.

Is translation a job in HP's magical world?

You could argue that there's probably a spell, a potion or any type of thing that supposedly provides translations. A very quick search throughout the wikia doesn't provide me with an example, but let's suppose so.

I see two main ways of doing translation, which I will compare with IRL processes:

The Human Way

The Artificial Intelligence (AI) Way

The first method implies some degree of conscience, where the translator understands the languages comprised in the interaction and the cultures they're associated with. The human can interpret, have opinions, deliberate, be influenced, and overall use their judgment. In the magical world, the direct equivalent would be identical: a human translator.

Now, the second method is different. It bases itself a canon of sorts (usually constituted of legal texts), where human translations have been executed, and the process checks what comes back again and again. It remembers that, for example, "Monsieur" is often (but not always! We immediately get a nuance) translated as "Sir" from French. If the machine sees that word, it will translate it that way. It won't take the cultural context into account (Does it take place in France? Is the character French? What's the social status of everyone involved? In which era?), it will just see the word, the sentence as a whole if it's not too terrible, and will repeat what it saw dozens and dozens of time.

An immediate issue with this method is that a lot of languages rarely interact with each other. English and French are common pairs, but Turkish and Afrikaans? Not so much. If the machine doesn't have enough data, it has to rely on intermediary translation, for example by first translating the text from Language A to Language B, then from Language B to Language C, which can be highly inaccurate.

In the magical world, a similar thing would simply be magic.

Magic is an interesting concept if you get in the nitty-gritty. We know that human translators, thanks to their humanness, their conscience, are better translators than AI (and that will never change).

So the question is: how would magic work?

Does it have a conscience? It doesn't seem so. It does help kids by revealing itself, but it seems to stop there. It's not all-powerful; any reader of Harry Potter knows that food can't be conjured from nothing. What stops magic from doing so: technical limitations (laws of nature?) or a simple, thought-out refusal?

There's no evidence to support the second theory, so we must assume that magic not only doesn't have conscience, but also has limits.

Now, we already determined that to translate accurately, you need a conscience. If magic doesn't seem to interpret anything (it seems to simply receive instructions and execute the command; think of how the wand movements and pronunciations need to be precise! How does that go for non-British wizards? Does everybody in the world need to have a British accent to say Latin formulas?), it's very comparable to an AI--at least, it doesn't try to pass off as human. At least, not without human intervention, whereas AI, once created, does have some autonomy.

Ergo, the magical world absolutely needs human translators and is probably aware of that fact to a better degree than the human world of 2024.