Caseware International, a Canadian fintech specialising in cloud-driven audit, financial reporting and data analytics solutions, has pre-launched its artificial intelligence (AI) digital assistant, dubbed AiDA.

The latest addition to the Caseware cloud platform, AiDA strengthens the company’s portfolio of solutions built for accounting, audit, and finance professionals.

AiDA has been developed to boost efficiency, guarantee compliance as well as to offer precise, context-aware responses to profession-specific enquiries.

This will allow accounting, audit, and finance experts to work more effectively, collaborate more efficiently, and obtain deeper insights.

The new AI digital assistant will offer better workflow efficiency with precision and relevance. It will also maintain the highest data security and compliance standards that the company offers.

AiDA will also support users to focus on strategic decision-making by helping with mundane tasks. Besides, it will provide a safe and fit-for-purpose resource to assure efficient workflows for clients. 

The new digital assistant is currently available to Caseware Cloud customers in the US for early access. It will be available worldwide later this year.

According to Caseware International, AiDA’s capabilities are continuously changing including improved context awareness in document interactions and enhanced support for multilingual queries.

The AI digital assistant is expected to revolutionise task management for professionals in the fields of accounting and audit.

Caseware International CEO David Osborne said: “Our vision is to place powerful tools in the hands of our clients, enabling them to do their work better than they have ever done before.

“This release is just the beginning of a wave of innovation in AI and it demonstrates the focus we have on our accelerated roadmap to build out our offering on the Caseware Cloud platform.

“Caseware AiDA offers powerful digital assistance to accountants and is further proof of the ways in which Caseware is underpinning the relevance of the profession.”