Adsure Services has announced that its operating subsidiary, TIAA Ltd, has entered into an agreement with K10 Vision to implement advanced audit working paper software, marking a substantial step forward in Adsure’s digital transformation journey.
The selection of K10 Vision followed a thorough competitive evaluation process, with the company standing out for its innovative platform capabilities.
This strategic investment aligns with Adsure’s broader initiative to develop specialised Large Language Model (LLM) artificial intelligence tools, specifically designed to enhance operational efficiency for government-funded organisations, including NHS trusts, housing associations and local governments.
The company has previously announced the development of the TIAA Insights tool, which has been supported by an Innovate UK grant.
The new software system promises to deliver substantial benefits for Adsure and TIAA on multiple fronts. For TIAA Ltd, the transition to an online working paper platform will streamline audit processes, improving both efficiency and accuracy.
In addition, the software’s structured data architecture will provide Adsure with valuable datasets for training advanced AI algorithms, strengthening the company’s technological capabilities in the audit and assurance sector.
Large Language Models are trained by large data sets to produce meaningful computation and output for real-world business applications. The new software will play a vital part in Adsure training their model and applying it to boost efficiency across the business.
The implementation of the K10 Vision software is currently in progress, with comprehensive integration expected to be achieved within the coming months.
“Implementing K10 Vision’s cutting-edge audit software is a significant step forward in our strategic roadmap,” said Kevin Limn, CEO of Adsure Services.
“This system will not only enhance our operational efficiencies but also provide a structured foundation for developing next-generation AI tools tailored to audit and assurance services.”