No Time or Money Needed... Shinbo Conducts AI-Based Business Consulting

Image of key diagnostic results. Photo by Shin Yongbo Guarantee Fund

[Asia Economy Reporter Song Seung-seop] The Korea Credit Guarantee Fund announced on the 11th that it will launch a free corporate consulting service based on artificial intelligence (AI).

The newly introduced 'BASA' is an automated system that allows small and medium-sized enterprises (SMEs), which lack time and funds, to easily and conveniently receive corporate diagnostics. It comprehensively analyzes the applicant company's inherent risks, risks related to suppliers and customers, as well as industry and technological risks. It automatically provides a report that includes the applicant company's position compared to the industry average and future response strategies.

SMEs can use the service to objectively understand their strengths, weaknesses, threats, and opportunities. It is also expected to enable systematic risk management through risk information related to business partners.

The Korea Credit Guarantee Fund plans to begin full-scale credit information business in the second half of the year after a trial operation period. The service can be applied for by accessing the Korea Credit Guarantee Fund's website. Diagnostic reports can be checked within 30 minutes free of charge with no limit on the number of uses.

Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund, stated, “We will continue to strive to provide innovative financial services necessary for companies.”

This content was produced with the assistance of AI translation services.