You’re right, this one isn’t for you... a couple of notes. First, are you suggesting MasterCard and Daily Mail, et. al, aren’t already using them? Second, what’s more valuable to some people, time or a commission of something they otherwise wouldn’t have claimed? They’re showing businesses are claiming 30% more than they previously were, simply due to the laborious claims process, so yes, the CFO’s assistant will just snap a pic and let the AI do the rest. Let your pessimism chomp on the fact that over 20 accounting firms already use it to; does that not speak volumes for the productivity increase of something which is part of their corebusiness?
I’m sure you were one who said, “so people are supposed to pay for their purchases in 4 payments, over 8 weeks and have another thing to monitor, instead of just using their existing credits cards and pay it off over however long they want?” ... enter multi-billion dollar Afterpay.
Once we see their client list grow they could easily make a shift to a subscription based fee for enterprise customers, meaning they pay a nice fixed fee each month, for as many claims they want. It’s all about adapting to business needs. Becomes cheaper for them but W2V benefit from a 12 month contract.
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