Project Info
NexaQuanta delivered an AI transformation solution for two Big Four audit firms, automating complex financial disclosure checks using advanced NLP, Generative AI, and document parsing. The solution extracts and validates tabular and narrative data across IFRS, FRS, and GAAP standards, reducing manual audit effort by 80% while ensuring consistent, high-quality outcomes across engagements.
- Client : Two of the Big Four audit firms
- Category : Agentic AI Automation, Enterprise AI Transformation
Project Info
Client & Industry:
- Two of the Big Four audit firms
Challenge:
- 2,000+ IFRS, FRS & GAAP checks per engagement
- Complex borderless tables defeated standard OCR
- Cross-section inconsistency risk across reviewers
AI Solution:
- AI models extract all tabular & narrative data
- Understands document structure and cross-section relationships
- Auto-validates all 2,000+ disclosure requirements
Business Outcome:
- 80% reduced manual audit effort and time-to-completion per engagement
- Consistent standards application—eliminating reviewer variance and judgment error
AI Technologies:
- AI (NLP, Generative AI, Embeddings, PDF and Word document parsing), Azure Cloud with SUSE Linux, AKS for Container orchestration
