London, UK – 4 August 2026: Ravical has today unveiled the next phase in the evolution of its AI platform, introducing a series of product developments designed to help accountancy firms work with greater confidence, unlock new revenue opportunities and adopt AI securely across regulated environments.

The latest updates reflect Ravical's continued investment in AI purpose-built for professional services, with new capabilities spanning trusted AI, jurisdiction-aware knowledge, revenue growth and enterprise governance. Together, they mark a shift from AI focused solely on productivity towards a platform that supports higher-value, verifiable work and helps firms build more commercially successful practices.

Central to the latest developments is Ravical's investment in trusted AI, tailored to the needs of regulated professional services across all three of its core markets. The platform's legal knowledge capabilities have been expanded so advisers can increasingly verify AI-generated tax and compliance answers against official legal sources, providing greater transparency and confidence when working on regulated matters. By enabling users to trace responses back to authoritative legislation, Ravical is addressing one of the profession's biggest barriers to AI adoption, which is trust.

Joris Van Der Gucht, CEO and co-founder of Ravical, said: “Trust is at the core of the accounting profession. It's how we secure clients, deliver sound strategically valuable work, and sustain a reputation. Professional firms need confidence that AI-generated information is grounded in authoritative sources, particularly when advising clients on complex regulatory matters. Our focus is on building AI that accountants can rely on, not just AI that helps them work faster.”

Building on this foundation of trusted AI, Ravical is also helping firms rethink how they generate value. New capabilities identify new revenue opportunities across a firm's client base and estimate fee ranges based on its own pricing strategy, enabling practices to uncover, package and price higher-value services more effectively.

Workflow enhancements also allow firms to standardise successful ways of working, helping advisers deliver consistent outcomes across teams.

Together, these developments support the profession's shift away from measuring value by billable hours alone and towards outcome-based services.

With the European Commission's AI Act enforcement powers now active as of this week, organisations are facing increased scrutiny over how AI is deployed, governed and monitored, placing greater emphasis on transparency, accountability and data protection. Against this backdrop, Ravical has strengthened its governance framework with controls designed specifically for regulated firms. New capabilities enable administrators to restrict AI access to selected clients, block sensitive files and folders, manage permissions on a per-user basis and maintain secure data lifecycle processes, helping firms adopt AI confidently while supporting their wider compliance and governance objectives.

Van Der Gucht added: “The future of AI in accountancy should focus on making entire firms more capable. By combining trusted AI, governance and commercial intelligence within a single platform, our mission is to help firms build lasting organisational capability while continuing to invest in the features our customers across the UK and other key markets need most.”