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Thomson Pitches AI in Updates

Tuesday, Nov 14 2023
Tax
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Thomson Reuters has described plans for enhancements to tax and audit applications that stress the utilization of artificial intelligence. 

These include auto-categorization capabilities within TaxCaddy, a client portal, from its SurePrep operations. The enhancement is designed to upload multiple documents which can auto categorized and prepped for review by tax professionals. 

In addition, Thomson is testing Checkpoint Edge AI Assistant which will use generative AI to find answers to research queries more quickly. The assistant is in beta and will be general available next year.

Thomson is also testing launching smart analysis’ capabilities in its Cloud Audit Suite. The enhancement will streamline data ingestion and apply AI to identify potential anomalies, automate testing, and automate confirmations.  

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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