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Adsure Services PLC - Adsure Services signs contract with K10 Vision


Announcement provided by

Adsure Services PLC · ADS

24/02/2025 07:00

Adsure Services PLC - Adsure Services signs contract with K10 Vision
RNS Number : 0761Y
Adsure Services PLC
24 February 2025
 

24 February 2025

 

Adsure Services PLC

("Adsure" or the "Company")

 

Adsure Services signs contract with K10 Vision for Audit Working Paper Software

 

 

Adsure Services PLC ("Adsure" or the "Company"), a leading provider of audit and assurance services, is pleased to announce that its operating subsidiary, TIAA Ltd, has signed a contract with K10 Vision to implement its audit working paper software.

 

Following a competitive selection process, K10 Vision was chosen as the preferred supplier due to their platform's innovative solutions. This move marks a key milestone in Adsure's digital transformation and growth strategy, particularly in the development of proprietary Large Language Model (LLM) AI tools targeted at improving the operational efficiencies of government-funded organisations, including NHS trusts, housing associations and local governments.

 

The transition to an online working paper system will enhance the efficiency and accuracy of TIAA Ltd's audit processes. Additionally, the structured data tables within K10 Vision's software will create a robust database to train advanced AI algorithms, further strengthening Adsure's technological capabilities in the audit and assurance sector.

 

The implementation process is already underway, with full integration expected to be completed in the coming months.

 

Kevin Limn, CEO of Adsure Services PLC, commented:


"Implementing K10 Vision's cutting-edge audit software is a significant step forward in our strategic roadmap. This system will not only enhance our operational efficiencies but also provide a structured foundation for developing next-generation AI tools tailored to audit and assurance services."

 

Paul Gascoigne, CEO of K10 Vision, commented:

 

"We are delighted to be partnering with TIAA Ltd the wholly owned subsidiary of Adsure Services PLC on their digital transformation journey. Our audit working paper solution is designed to provide structure, security, and scalability, and we look forward to supporting their ambitions in AI-driven audit technology."

 

 

-Ends-

 

For more information and the chance to have your questions directly answered by the management team, please head to our interactive investor hub via: https://investors.adsureservicesplc.co.uk/link/XyM74r. Here you will find all company news and additional content to further explain Adsure's strategy and investment case.

 

Engage with the Adsure Services management team directly by asking questions, watching videosummaries and seeing what other shareholders have to say. Navigate to our Interactive investor hub here: https://investors.adsureservicesplc.co.uk/link/XyM74r.

 

 

Adsure Services PLC

Kevin Limn, Chief Executive Officer

Engage with the company directly

 

 

+44 (0) 845 300 3333

https://investors.adsureservicesplc.co.uk/s/435bf4

Guild Financial Advisory Limited - Corporate Adviser

Ross Andrews

 

Evangeline Klaassen

 

+44 (0)7973 839767

ross.andrews@guilfin.co.uk

+44 (0)7972 841276

evangeline.klaassen@guildfin.co.uk

Redchurch Communications - Financial PR & IR

John Casey / Nicky Bagheri

 

+44 (0) 207 7870 3974

ads@weareredchurch.com

 

About Adsure Services

 

Adsure Services PLC is a leading audit and assurance services provider, dedicated to delivering high-quality financial review and compliance solutions. Through investment in innovative technology and AI-driven solutions, the Company is focused on enhancing efficiency and accuracy in the audit sector.

 

About K10 Vision

 

K10 Vision is a specialist provider of Audit and Risk Management software, delivering innovative digital solutions to assist audit teams worldwide in making use of the very latest technologies.  K10 Vision represents a step change in the way software can directly assist Audit and Risk professionals and remains the fastest growing application in its field.

 

 

 

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