▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

KNAV Launches its AI-Powered Platform KNAV Tara, to Support Assurance, Tax and Advisory

#AI--KNAV, a global accounting and advisory firm delivering integrated services across assurance, tax and advisory, today announced the launch of KNAV Tara, the firm’s AI platform designed to suppor...

Immagine

ATLANTA & MUMBAI, India: #AI--KNAV, a global accounting and advisory firm delivering integrated services across assurance, tax and advisory, today announced the launch of KNAV Tara, the firm’s AI platform designed to support assurance, tax, and advisory teams with greater consistency, speed, and visibility across their work.

KNAV Tara brings together data, documents, and workflows into a single system, helping teams manage large volumes of work while maintaining clear oversight and accountability. The platform is designed to support how work is performed from start to finish, while ensuring that responsibility and decision-making remain firmly with professionals.

Tara, means guiding star in Sanskrit, reflecting its intent to help KNAV and its teams move through every engagement with control, clarity and compliance.

“KNAV Tara is built to guide our teams, not replace them,” said a KNAV AI Taskforce spokesperson. “It supports the process end to end, but every output requires human review and formal sign-off. Professional judgment and accountability remain central to how the platform is used.”

“This is how we believe work should evolve,” said Nishta Sharma, CEO, KNAV Advisory Inc, “KNAV Tara brings the structure, speed, and consistency that AI can offer, while keeping judgment, review, and accountability with our people. It is not just about doing more work faster. It is about doing better work, with greater clarity.”

KNAV Tara is built on enterprise-grade large language models, accessed securely through Microsoft Azure AI Foundry, ensuring that the platform operates within a controlled and private cloud environment designed for professional use.

In its first phase, KNAV Tara is being applied to selected audit procedures, including matching transactions with supporting documents, extracting key data from contracts, invoices, and statements, and preparing first drafts of accounting memos. These capabilities are intended to reduce time spent on repetitive tasks and allow teams to focus more on review, analysis, and decision-making.

KNAV has designed KNAV Tara as a comprehensive AI platform, with a phased rollout approach across the firm.

“What is live today is only the starting point,” said a KNAV AI Taskforce spokesperson. “KNAV Tara will continue to expand across audit, and over time into tax, advisory, and internal processes. The goal is to create a consistent way of working across service lines.”

The platform has also been built to support KNAV’s global operations, with data safeguards embedded into its design. Client data remains within its respective jurisdiction, with no cross-border movement, ensuring alignment with regional requirements. KNAV Tara is built on enterprise-grade large language models, accessed securely through Microsoft Azure AI Foundry, and has been developed internally by KNAV’s Digital Transformation and AI teams. The platform is designed to scale as new capabilities are introduced over time, with governance, controls, and compliance embedded throughout its lifecycle to support responsible and transparent use.

“Our approach to AI is practical and grounded,” the KNAV AI Taskforce spokesperson added. “We are using KNAV Tara to reduce manual effort and improve consistency, while keeping control and accountability with our teams. It is a support system that strengthens how work is delivered.”

About KNAV

KNAV is a global accounting and advisory firm providing assurance, tax, and advisory services. Headquartered in Atlanta, the firm operates across seven countries, serving over 1,500 multinational and growth-focused organizations. KNAV specializes in cross-border engagements, helping clients manage regulatory compliance, streamline financial operations, and support expansion. The firm combines local expertise with coordinated global delivery, using AI-first digital technology and actionable intelligence to drive efficiency and informed decision-making. Learn more at www.knavcpa.com

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Arca Raises $64 Million to Revolutionize and Humanize Wealth Management…

Arca, an AI-native wealth management company that brings personalized, advisor-led financial services, today exited stealth and announced it secured $64…

Capco Recognized by OpenAI for Innovation and Responsible AI Leadership

Global management and technology consultancy Capco, a Wipro company, has been recognized by OpenAI for both AI innovation and responsible AI leadership.…

Gina Raimondo and Eric Holcomb Launch RAISE US, Uniting the Nation’s Leading…

Gina Raimondo, the 40th U.S. Secretary of Commerce and 75th Governor of Rhode Island, and Eric Holcomb, the 51st Governor of Indiana, today launched RAISE…

Securonix Appoints Toby Weiss as Chief Executive Officer to Scale the…

Securonix, Inc., a six-time Leader in the Gartner® Magic Quadrant™ for SIEM, today announced the appointment of Toby Weiss as Chief Executive Officer.…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!