London, May 13, 2025 (GLOBE NEWSWIRE) -- Leading global audit, analytics and accounting software provider Caseware is set to showcase its continued innovation in AI-powered solutions and AI ethics leadership at Accountex 2025, taking place May 14-16 at ExCel London.  Expert Panel: Responsible AI Implementation in Accounting  At Accountex, Danielle Supkis Cheek, SVP, AI, Analytics and Assurance at Caseware will appear in an expert panel discussion entitled How to Get More Out of AI Without Compromising Safety, Ethics, or Professional Judgement. The discussion, taking place on May 14, 12-12:40pm in Theatre 11, will be moderated by acclaimed journalist Victoria Turk. Additional panellists are Rachel Tattersall, Platforms Digitalisation Senior Manager at Cooper Parry and Raj Patel, AI Transformation Lead at Holistic AI.  The panel will address critical AI implementation challenges for accounting firms, including client confidentiality protection, compliance with regulations like the EU AI Act, bias mitigation strategies and managing AI hallucination risks.   Supkis Cheek emphasized the company's commitment to responsible AI innovation: "At Caseware, we believe the future of accounting and audit lies in the thoughtful integration of AI technologies that augment professional judgment rather than attempting to replace it. Our approach balances cutting-edge innovation with rigorous safety and ethical standards, ensuring our customers can confidently embrace AI-powered efficiency while maintaining the highest levels of professional integrity. Caseware Validate and our focus on AI governance demonstrate our leadership in building the intelligent tools accounting professionals need today, while shaping the responsible AI frameworks they will rely on tomorrow."  Introducing Caseware Validate™: Transforming Financial Statements Review  Caseware will debut its AI-powered cloud solution, Caseware Validate, designed to revolutionize the financial statement review process. The technology was integrated into Caseware’s connected ecosystem of solutions following the company’s acquisition of Extractly.ai earlier this year.   Validate addresses critical industry challenges, including time-consuming manual reviews and growing annual report complexity

Barry Melancon, former CEO of AICPA, joins Caseware as chair of Global Advisory Board.

Caseware announced the acquisition of Extractly.ai, a provider of intelligent document processing solutions for accounting and finance teams. This strategic acquisition includes Extractly.ai’s software solutions, Validate and Extractly+, which automate financial statement reviews and optimize workflows. Caseware aims to enhance integration and user experiences. This marks Caseware’s ninth acquisition since Hg Capital's majority ownership in 2020.