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The new tech product utilises the power of AI to enhance workflows in the accounting and audit space.
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Caseware Australia launches AI digital assistant
21 June 2024
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Caseware International has unveiled Caseware AiDA (artificial intelligence digital assistant). According to a statement, the product is “designed to enhance efficiency, ensure compliance and provide precise, context-aware responses to profession-specific enquiries enabling accounting, audit and finance experts to work more efficiently, collaborate with greater effectiveness and gain deeper insights.”
Sarah Butler, head of product at Caseware Australia, said in the dynamic worlds of audit and accounting, professionals are looking for secure, fit-for-purpose assistance that will enable them to embrace the power of AI every day.
The software firm said Caseware AiDA will enhance engagement workflows with precision and relevance and reduce the volume of manual work within the practice. I am excited to be part of the global Caseware team that is making digital assistance a reality for our clients.”
According to Caseware, some of the potential benefits of AiDA are:
• Enhanced workflow efficiency with precision and relevance - whether summarising lengthy PDFs or providing informed answers about your documentation in the moment, AiDA helps you work smarter, not harder.
• Reassurance around security and compliance - with AiDA, no prompts are stored or fed back into the model. Users can trust AiDA to maintain the highest data security and compliance standards that Caseware has always delivered for the profession.
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• Assistance with routine tasks - AiDA assists with mundane tasks, enabling professionals to focus on strategic decision-making.
• Focus on quality output - AiDA delivers a safe and fit-for-purpose resource which ensures efficient workflows for clients.
Customers based in Australia and the US are eligible for early access, with a global release scheduled for later in 2024.
Caseware said that AiDA draws inspiration from Ada Lovelace, an English mathematician and writer “whose impact on scientific computing continues to influence generations of technologists and mathematicians around the world.”
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