Fieldguide, an advisory services platform, has launched Fieldguide AI, a secure and private AI solution that helps companies future-proof their businesses.
New AI capabilities enable businesses to safely leverage the latest AI innovations to significantly reduce the work and tedium associated with creating and analyzing tests, requests and document reviews, so staff can be freed from more important and profitable tasks. You will be able to concentrate on higher tasks.
With the latest Fieldguide AI capabilities, companies can improve engagement quality, profit margins, and staff retention, while empowering practitioners to apply their expertise in more productive ways.
Fieldguide AI enables practitioners to:
● Draft Control Tests Based on Control Activities: Fieldguide’s AI suggests appropriate control tests to run based on the control activities identified in the business. This feature helps personnel quickly and accurately identify the tests they need to perform, streamlining their work processes.
● Draft Requests Based on Control Activities: Fieldguide’s AI suggests appropriate requests for documents and evidence based on control activities identified in the engagement. This feature helps practitioners quickly and accurately identify the necessary information they request from their clients.
● Evaluate the adequacy of documents to address controls: Fieldguide’s AI analyzes documents related to initiatives and suggests whether they meet the requirements of control activities. This feature helps practitioners identify potential issues early in the engagement and take corrective action if necessary.
● Suggest improvements to documents: Fieldguide’s AI analyzes documents related to initiatives and makes recommendations to better implement management activities. This feature helps reps improve the quality of their engagements and better serve their clients.
“We are excited about the launch of Fieldguide AI as this is an important development that will have a positive impact on our company and the larger advisory services industry. AI technology will enable our company to work more strategically and efficiently. We look forward to leveraging the capabilities of Fieldguide AI to help us succeed,” said Kurt Gresens, Managing Partner, Wipfli. .
With the release of new AI capabilities, Fieldguide takes client data security and privacy seriously. Fieldguide does not use user-submitted data to train or improve AI models. When interacting with Fieldguide AI, only a limited data set is created and used to query the AImodel. The data is never used to train AI models, so your data remains safe and private. As a result, Fieldguide AI is one of the most secure ways for CPA firms to leverage AI models while maintaining data privacy and security.
Fieldguide CEO and co-founder Jin Chang said: “CPA firms must embrace AI and automation as a key part of their service equation. AI is the future and our latest AI capabilities are key innovations for the industry. By automating tedious tasks such as assessing the adequacy of an application, practitioners can apply their expertise in a more productive way.”
