"We digitize processes" - Natalia Bogacheva, CEO of AgriChain

Does digitalization of business affect the number of company personnel?
Yes, it affects where we digitize processes, close a certain number of tasks with one or another tool, – said Nataliya Bogacheva, director of the AgriChain company, during the public dialogue “AI at the service of your business: what the CEO should know” of the NadLyuda forum (Forbes Ukraine) , which took place in Kyiv the other day.

At the same time, AgriChain’s digital tools allow you to make decisions not emotionally or conceptually, but carefully and based on verified data. They work to increase the efficiency of management decisions, control risks, simplify certain tasks, and deepen the analysis of accumulated data. Freeing up effective time that employees are now not spending on routine, instead they are replaced here by a neural network, mathematical model or other AI-based tool.

Does digitization save money?
Six years ago, we, as an in-house company, started digitizing the business of the agro-industrial holding “Astarta-Kyiv”. Started with data collection and accumulation, land bank management, logistics and ending with production program planning in scenario approaches based on mathematical models and personnel training. And it really made it possible to optimize processes, plan more accurately, work out risks, analyze various processes, and forecast productivity. It is quite difficult to calculate the exact amount of money saved, but in total we are talking about tens of millions of dollars.