PwC delivers the human-led tech-powered future of auditing with Azure OpenAI Service
PwC is building Next Generation Audit, a $1 billion initiative using Azure OpenAI Service, Azure AI Document Intelligence and Azure AI Search to extract information from unstructured audit documents and compare it against standardized data sources at enterprise scale, aiming to reduce unnecessary audit burden on clients.
Overview
PwC is building Next Generation Audit, a $1 billion initiative using Azure OpenAI Service, Azure AI Document Intelligence and Azure AI Search to extract information from unstructured audit documents and compare it against standardized data sources at enterprise scale, aiming to reduce unnecessary audit burden on clients.
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Inspect the highlighted sourceThe challenge
PwC has tens of thousands of clients, some of whom have petabytes of data, and needs to handle data at an enterprise scale across thousands of audit tasks and activities.
The solution
PwC is building Next Generation Audit on Microsoft Azure, including Azure OpenAI Service, Azure Cosmos DB, Azure Kubernetes Service and Azure App Service, using Azure AI Document Intelligence to extract information from unstructured documents and compare it with standardized data sources, and Azure AI Search to help auditors navigate guidance.
Reported business value
PwC is exploring how generative AI on Azure can support a vision of increased audit efficiency and transparency, reduced unnecessary audit burden on clients, and enhanced data acquisition and utilization.
Sources
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This record was researched and written with AI assistance, and its claims were checked against the sources above. (EU AI Act art. 50 transparency notice.)
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