How to Prepare an Effective Prompt for VAi

Welcome to VAi, your AI-powered assistant for navigating the complexities of company insolvency. To ensure you get the most accurate and personalised advice from VAi, it’s crucial you prepare your prompts carefully. This guide will walk you through the process of crafting effective prompts that will help VAi understand your situation and provide the best possible guidance.

Steps for Preparing Your Prompt

1. Be Specific: Start off by clearly stating your role or position, as this helps VAi tailor its advice. For example, “I am the director of a company facing financial difficulties.”
2. Provide Context: Offer a brief overview of your situation to give VAi a clear understanding of your needs. Include financial and operational information, such as debts, assets, and nature of trade, as well as any other key information that you would expect an insolvency practitioner to need.  Do so without giving out any names.
3. Specify Your Needs: Clearly articulate what you need VAi to do. Whether you’re looking for advice on a specific insolvency process or exploring options for your company, make your requirements explicit. And tell it in what form you want VAi’s output.
4. Ask Open-Ended Questions: Encourage a dialogue with VAi by asking open-ended questions rather than yes/no queries. This approach allows VAi to provide more comprehensive and nuanced advice.
5. Use Simple Language: While VAi is designed to understand complex insolvency terminology, it’s helpful to use simple and clear language to avoid misunderstandings. If VAi misunderstand you, tell it.
6. Refine Your Prompt: In the unlikely event that a prompt doesn’t yield the expected response, don’t hesitate to refine it and ask VAi to try again. This iterative process can lead to more accurate and helpful advice.

Examples of Effective Prompts

“As the director of a struggling company, I’m exploring options for closing my business down. What processes should I consider, and what are the implications for our debts and assets?”

“I am an accountant advising a client who wishes to exit their solvent company with net assets of £0.5m. Could you outline the steps and legal considerations we should be aware of?”

“Thanks, that’s perfect.  Please now write an email encompassing what you have told me that I can send directly on to my client.”

By following these guidelines, you can enhance your interactions with VAi, ensuring that you receive relevant and actionable advice tailored to your specific needs.

Remember, VAi is here to assist you through the complexities of insolvency by providing guidance based on the information you provide. The more effort you put into preparing your prompts, the more you’ll benefit from VAi’s expertise.

Thank you for choosing VAi as your AI-powered insolvency advisor.