Fieldguide, a leader in AI solutions for audit and advisory firms, has launched Field Agents, an agentic AI system designed to revolutionize firm operations. Unlike simple automation tools, Field Agents autonomously execute entire engagement workflows, completing in seconds what traditionally took hours. By orchestrating complex, multi-step processes, Field Agents empower professionals to focus on high-value tasks such as strategic analysis, client engagement, and decision-making. This innovation allows firms to scale efficiently, enhance competitiveness, and increase profitability.
The Evolution of AI in Audit & Advisory
1. From Task Automation to Workflow Execution
Fieldguide has already transformed the industry with Field Assist, a generative AI solution that automates individual tasks like:
- Writing test procedures.
- Extracting insights from complex documents.
- Documenting test results.
Field Assist has demonstrated 50% to 75% time savings, proving the impact of AI-driven automation.
2. Introducing Field Agents: AI for End-to-End Engagements
Field Agents expand on this foundation by:
- Linking individual tasks into full workflows.
- Executing engagements with professional oversight.
- Following firm-specific methodologies and procedures.
For example, an AI agent can:
- Request the necessary documents.
- Run appropriate test procedures.
- Document evidence and highlight key issues for review.
How Field Agents Transform Firm Operations
1. Addressing Industry Challenges
Audit and advisory firms face growing workloads, talent shortages, and rising client expectations. Field Agents function as virtual team members, handling time-intensive, multi-step processes while professionals focus on strategic, high-value work.
2. Key Benefits of Field Agents
A. Amplify Team Capacity
- Automates engagement workflows, including:
- Test procedures.
- Document annotation.
- Evidence sampling.
- Enables professionals to focus on analysis, judgment, and client relationships.
B. Transform How Work Happens
- Integrates seamlessly with firm-specific methodologies.
- Executes workflows with precision, eliminating inefficiencies.
- Keeps work progressing smoothly and consistently.
C. Boost Quality & Consistency
- Reduces human errors with standardized AI-driven workflows.
- Enhances quality control by detecting issues early.
- Ensures faster, more reliable client deliverables.
AI as a Competitive Advantage for Firms
1. The Future of AI in Audit & Advisory
“The future of audit and advisory is promising with the benefits that AI already brings today,” said Jin Chang, CEO & Co-Founder of Fieldguide.
“The winning firms of tomorrow will be those who integrate AI to elevate their practitioners. Field Agents fundamentally transform how audit and advisory firms grow and operate over the next decade.”
2. The Agentic Firm Model
As firms face staffing shortages and outdated technology, adopting agentic AI becomes a strategic imperative. Firms that integrate AI-driven workflows will:
- Expand their practice without scaling costs.
- Improve operational efficiency.
- Enhance client service and responsiveness.
From AI Ambition to Real-World Implementation
While many firms recognize the potential of AI, real-world implementation remains a challenge. Fieldguide’s strategic partnership model ensures firms move from experimental AI adoption to practical execution by offering:
- Cutting-edge AI technology tailored for audit workflows.
- Expert guidance on AI deployment and adoption.
- Seamless integration with existing firm methodologies.
Field Agents represent the next evolution of AI in audit and advisory, shifting from task-based automation to complete workflow execution. With AI-driven engagement teams, firms can:
- Scale efficiently without increasing labor costs.
- Deliver higher-quality work with greater accuracy.
- Enhance client relationships by focusing on strategic advisory services.
By integrating Field Agents, firms can future-proof their operations, maintain a competitive edge, and unlock new profitability in an increasingly AI-driven industry.
