KPMG India transforms financial workloads with Vianai Systems

abstract business image | KPMG India and Vianai Systems

Key Takeaways

KPMG India has partnered with Vianai Systems to create a Conversational Finance solution, empowering finance professionals to interact with data using natural language for immediate insights.

The collaboration aims to enhance accuracy, privacy, and security in finance functions by leveraging large language models (LLMs) alongside enterprise data sources and public information.

This innovative offering seeks to transform finance operations in enterprises, addressing the need for cross-functional insights and transparency in a challenging regulatory environment.

KPMG India has announced an alliance with Vianai Systems to put conversational AI directly into the hands of finance users with Vianai’s hila Enterprise.

The joint offering by KPMG in India and Vianai Systems will leverage Vianai’s hila Enterprise fine-tuning and optimization capabilities, with enterprise systems of record.

Targeted specifically at finance professionals, Conversational Finance will allow finance users to ask any question against their systems of record, internal documents, public data, and other data in natural language, to get immediate responses by text, dashboards, charts and more.

The alliance would see both KPMG in India and Vianai Systems leveraging their respective expertise and resources together to provide this innovative Conversational Finance offering to enterprises looking to transform their finance function.

Sachin Arora, partner and head, KPMG Lighthouse (Analytics, AI and Data), KPMG in India, said: “Finance functions in enterprises today have an unparalleled need for accuracy, privacy and security as well as relevance to the context of business. Leveraging the power of LLMs with internal data sources, transaction systems, documents and other data, as well as public information, would allow enterprises to paint a transparent and accurate picture of their business and industry. These LLMs can also help finance functions play a critical role in ensuring resilience towards a challenging risk and regulatory environment.

“Moreover, while independent SaaS (ERP, CRM, HRMS) companies are geared to launch their own co-pilots, they will fall short in desired value creation, specifically when cross-functional insights are required. Large generic models are not able to deliver this today, and we are excited for Vianai Systems and KPMG in India to finally unlock this value for the finance functions of enterprises today.”

Dr. Sanjay Rajagopalan, chief design and strategy officer, Vianai Systems, said: “Delivering the power of AI into the hands of finance users is a foundational step toward making AI available to all business-critical functions. Finance departments and teams must have transparency in their work and deliver transparency to the outside world – with speed. We are thrilled to be working closely with KPMG to make this a reality for every organization in every industry.”