AI Use Case
Predict potential risks in financial audit process
Predict potential issues in the audit process by assessing and cross-correlating financial data, seeking out potential discrepancies and highlighting potential risks. Typically this would act as an initial triage approach allowing expensive audit personnel to focus on key areas and higher value tasks.
Risk reduction - Spot issue (eg copyright infringement),Operational Support - Issue triage,Cost - Staff efficiency
Kingston Smith~Kingston Smith automates financial auditing by analysing transaction data against users and vendors and identify risk using machine learning
Consultancy And Business Services
Structured / Semi-structured,Text