Built in SA: AI-Powered CA Assistant boosts productivity for Accountants
For South African accounting firms, keeping ahead of the constant changes to accounting and tax rules is difficult. Fortunately, CA Assistant is here to solve this challenge.
CA Assistant uses GenAI to help accountants by answering their questions, assisting with important tasks, reviewing content for issues, and performing detailed research.
Importantly, the tool is easy to use – users only need to copy and paste text or workings into the CA Assistant chat bar to get started.
The AI tool will then summarise, calculate, and produce any required accounting note, working paper, or document.
CA Assistant is highly secure, –its technology is SOC 2 Type II certified and fully GDPR compliant – to ensure your data is always safe.
This makes CA Assistant the ultimate tool for South African accountants, auditors, and tax professionals.
AI in accounting
CA Assistant creator Leandro Da Silva had the idea to create the tool after trying to use systems like ChatGPT and Copilot to address his accounting-related questions.
He found that the results were underwhelming across the board.
Having worked in corporate innovation and venture building for nearly a decade, Da Silva decided to take matters into his own hands – and he trained a rudimentary GPT using ChatGPT.
This tool proved to be extremely popular.
“I received a massive positive response from accountants across the spectrum, from students using it to teach them concepts, to tax professionals, management accountants, chartered accountants, and even a few people who were using it to answer some of their personal tax questions,” said Da Silva.
Since his experimental GPT did so well, he and his team set out to develop a more advanced version – which led to the launch of CA Assistant.
CA Assistant
Da Silva and his team comprehensively trained CA Assistant based on the knowledge used by chartered accountants and finance professionals.
The AI tool has also been trained in auditing and tax regulations in South Africa, and is equipped with anti-hallucination measures to force the GPT not to guess any request it does not understand.
Thanks to its extensive training and impressive functionality, CA Assistant has become extremely popular – already saving users over 2,000 hours of work in its first two weeks of use.
In addition to its extensive functionality as an accounting and tax tool, CA Assistant can also be used to train and assist accountants who want to grow or sharpen their skills.
This makes it the ultimate AI-powered tool for South African financial professionals looking to stay on top of their game.
Click here to learn more about CA Assistant.