KPMG Clara
Description
️ 🖼Tool Name:
KPMG Clara
🔖 Tool Category:
Audit and financial review tools powered by generative artificial intelligence.
️ ✏What does this tool offer?
Integrate generative intelligence into the KPMG Clara platform to review documents, identify risk factors, and propose customized tests.
Enable auditors to access audit methodology directly within the tool to accelerate decision-making.
Generate summaries, notes, and suggestions to improve financial documents.
In Audit Ally by Armanino: Use generative intelligence for compliance (e.g. SOC 2) by summarizing notes and turning them into actionable insights.
An intelligent chatbot that answers customer queries and detects missing documents.
⭐ What does the tool actually deliver based on user experience?
Helps audit teams focus on major risks instead of routine tasks.
Improves audit quality with intelligent alerts and analytics that complement the work of humans.
Reduces document review time thanks to automated summaries.
Not a substitute for a human auditor, but an aid that keeps the control in the hands of the expert.
🤖 Does it include automation?
Yes - the tool does:
Automatically review documents and detect risks.
Generate additional tests or recommendations in response to findings.
Generate automated summaries or notes.
Respond to customer inquiries via a built-in chat agent.
💰 Pricing Model:
Undisclosed - Capabilities are built into KPMG and Armanino's audit services as part of institutional contracts.
🆓 Free Plan Details:
No free plan available, the tool is intended for audit teams and corporations.
💳 Paid Plan Details:
Usage comes as part of audit and consulting contracts.
Clients get these features as part of an organizational service.
🧭 Access Method:
Via the firms' audit platforms: KPMG Clara and Audit Ally.
Not publicly accessible individually, but through authorized audit teams.
🔗 Experience Link:
https://www.accountingtoday.com/news/kpmg-armanino-add-generative-ai-capacities-to-their-audit-tools