{"id":96709,"date":"2024-04-29T09:00:46","date_gmt":"2024-04-29T09:00:46","guid":{"rendered":"https:\/\/silverfin.com\/customers\/gravita-unlocking-power-of-ai\/"},"modified":"2026-01-28T16:01:46","modified_gmt":"2026-01-28T16:01:46","slug":"gravita-unlocking-power-of-ai","status":"publish","type":"customers","link":"https:\/\/silverfin.com\/en-ie\/customers\/gravita-unlocking-power-of-ai\/","title":{"rendered":"How Gravita is applying AI to drive efficiency with Silverfin"},"content":{"rendered":"\n

Gravita<\/a> has set out to help shape a new era of accountancy. With a strong focus on innovation, the top 30 full-service firm combines modern technology with specialist expertise to support clients in achieving their business objectives. When Silverfin Assistant was first launched in the UK in 2023, Gravita was keen to explore its potential and began using it early. Since then, the tool has become embedded in the firm\u2019s day-to-day ways of working.<\/p>\n\n\n\n

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\u201cWe were keen to be early adopters of Silverfin Assistant; now we\u2019re also strong advocates.\u201d<\/p>\nRussell Frayne<\/strong>, Director of Transformation at Gravita<\/cite><\/blockquote>\n\n\n\n

Venturing into AI responsibly<\/h3>\n\n\n\n

With technology playing a central role in the firm, Gravita actively encourages its people to explore new tools such as AI. However, this is balanced with a clear focus on responsibility and control.<\/p>\n\n\n\n

\u201cAs we work with sensitive client data and confidential information, it\u2019s vital to know where and how that data is being used and stored by the AI system\u201d, Russell explains. \u201cTo mitigate data security risks, the safest and most sensible way to initially embrace AI is adopting in-platform tools <\/strong>built in the core accounting software that you\u2019re already using.\u201d<\/p>\n\n\n\n

\u201cSilverfin Assistant<\/strong><\/a> sits right at the heart of the Silverfin platform, so that\u2019s reassuring\u201d, says Russell. \u201cThe software had already gone through due diligence and procurement processes when we adopted it into the business. So, we already knew our data would be safe.\u201d<\/p>\n\n\n\n

Value from the first run<\/h3>\n\n\n\n

When Gravita first applied Silverfin Assistant during the accounts preparation stage, the benefits were immediately clear.<\/p>\n\n\n\n

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\u201cInstead of reviewing the data manually, we ran it through Silverfin Assistant. The tool ran around 100 checks and spotted three or four opportunities that were \u2018nice to know\u2019, but also four errors that were spot-on. It would have taken an accountant, say, 30 minutes or more to dive into the file and find those anomalies<\/strong>.\u201d explains Russell.<\/p>\n<\/blockquote>\n\n\n\n

An extra pair of (eagle) eyes<\/h3>\n\n\n\n

\u201cTrying to find inconsistencies in nominal accounts, VAT rates, posting dates and so on takes ages and they can be easily missed\u201d, Russel continues.<\/p>\n\n\n\n

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\u201cHuman error <\/strong>is always lurking behind the corner. We all have a bad day sometimes, are up against tight deadlines juggling multiple client files \u2013 in any case, using Silverfin Assistant is like having a friend looking over your shoulder, saying: \u2018Have you reviewed this? Don\u2019t miss that. That looks a bit strange, don\u2019t you think?\u2019 <\/em>That\u2019s an immediate win for your data quality.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Russell also highlights the benefits when working with offshore partners<\/strong>. Aligning approaches across teams and jurisdictions can be challenging. By flagging anomalies in offshore work, Silverfin Assistant helps close knowledge gaps, improve consistency and support collaboration.<\/p>\n\n\n\n

\u201cAnother knowledge gap the Silverfin Assistant helps to bridge is that of junior accountants who still have a lot to learn\u201d, says Russell. \u201cThere are clear and detailed explanations on the checks performed by the tool, highlighting why they were made and why they matter. These invaluable insights supercharge the progress of junior-level staff <\/strong>and their performance simultaneously.\u201d<\/p>\n\n\n\n

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Three reasons Gravita values Silverfin Assistant<\/h3>\n\n\n\n

Russell points to three key benefits in particular:<\/p>\n\n\n\n