How AI is helping you in freelance workforce
Growth of Freelancing and AI
Today, large enterprises have moved beyond the traditional BPO model by opting for freelancing platforms. This allows them to scale effectively without incurring the fixed costs of tele-calling executives or other full-time employees.
The freelancing model is an easy way for companies to start, curate and scale operations since customers can be reached remotely, boosting the growth potential of enterprises by 100 times.
Therefore, companies are displaying a higher preference for managed freelance workforces to undertake key tasks in sales and marketing as well as customer experience and relationship roles, among others.
Freelance workers are paid according to specific tasks done or predetermined deliverables and outcomes. In essence, it functions as an on-demand, task-based economy.
By 2023, the global Freelance economy is slated to register a 17% CAGR, reaching a gross volume of around $455 billion. Currently, India ranks fifth in flexi-staffing, following the US, China, Brazil and Japan.
AI is debated to be a destructive force when it comes to labour. AI delivers fast and with accuracy. It is difficult to compete with a machine. For many fields, the use of AI in software algorithms and robotics processing automation is indeed fearful.
In Freelance workspace, too, AI presents the risk of job security. However, you can also use AI to your benefit by transferring your tedious tasks to AI. Use the AI to your advantage instead of fearing of it. Any freelance worker should explore what AI offers them.
In this small article we will touch upon few areas where you can use AI to your advantage in freelancing. How AI can help you to achieve more and faster.
How AI can help in Freelancing
Freelancers can use AI to automate tedious and repetitive tasks to save time and prevent burnouts.
You can automate tasks like:
Data entry:
Data entry automation refers to software-based solutions that can optimize data entry by eliminating or reducing manual processes. Such software can typically extract data from PDFs, documents, images, emails or websites and present just the relevant info in a structured format (csv, JSON, XML etc.). You can use any or all of the below to partially or fully automate the data entry work.
- Uploading or adding a data source.
- Pre-processing each file or document
- Recognizing & extracting data of interest
- Validation of extracted data
- Sharing and entering the extracted data
Invoice creation/Timekeeping:
Automated invoicing is the process of scheduling invoices, in advance, to be issued automatically at a specified date and time. There are many third party readily available software if you cannot design one using excel.
You can also use Toogit’s invoice generation and timekeeping in-case you need one to manage your freelancing project. It’s very detailed and acts as bookkeeping as well for your company.
Scheduling:
Often you work on multiple projects simultaneously, so you need to be well-organized to meet all deadlines. Moreover, if you work part-time, time is money, so spending it on trivial things doesn't help at all. That's A.I. Comes in!
If you already defined an automation and need it executed at a set time, you can use UNIX cron or windows task scheduler to schedule your tasks. There is many other third-party software as well which let you define precise controls over scheduling like Autosys and Control-M.
Auto proposal submission:
If you are a freelancer and spend numerous hours to browse through job postings and finding the one relevant to your skills then you can automate that task by signing up with Toogit. Toogit’s Instant Connect (TIC) service allows you to submit proposals automatically on jobs matching your skills and desired earnings.
TIC Introductory video: https://www.youtube.com/watch?v=b4wxJrsTH-Q
Last Modified: Mar 14, 2022