Indian CPA/CMA institute Simandhar Education has launched Digital Sripal, which is said to be the world’s first AI-powered chatbot tailored for students preparing for accounting and finance exams.
Accessible via WhatsApp, Digital Sripal provides instant guidance on complex topics, allowing students to resolve queries, practice exam questions, and enhance their understanding.
The institute notes that the introduction of the chatbot comes in response to the increasing demand for personalised, real-time assistance among students aiming for globally recognised certifications.
With features such as exam-specific guidance, round-the-clock availability, and secure voice-to-text interactions, the chatbot is designed to streamline exam preparation and boost success rates.
Digital Sripal is said to be specifically trained in professional accounting content, ensuring that responses are accurate as well as relevant to the exams and customised to the needs of global candidates.
Simandhar Education founder Sripal Jain said: “The chatbot is expected to revolutionise exam preparation, making it more accessible, affordable, and results-driven for students worldwide.
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By GlobalData“By offering students instant guidance on accounting and auditing concepts, we’re empowering them to tackle complex topics with confidence, at a fraction of the traditional costs.”
The chatbot is powered by ChatGPT technology and uses an algorithm to provide semi-personalised learning experiences, taking into account individual student requirements while maintaining stringent data privacy standards.
It allows students to inquire about a variety of topics, including accounting principles such as GAAP and IFRS, auditing standards, cost management, and financial analysis.
Additionally, Digital Sripal features a customised exam question generator that assists students in identifying areas that need improvement, thereby enhancing their exam preparation.
The AI chatbot is anticipated to elevate exam success rates by bridging learning gaps and offering flexible, personalised study aids to students globally.
In India alone, more than 350,000 students enrol annually for ACCA, CFA CIA, CMA, CPA and EA certifications.
Simandhar expects that Digital Sripal will support students in its first year, predicting an uptick in pass rates for crucial exams such as CPA and CMA.
The tool also provides students exclusive content updates and secure, on-demand support, making global exam preparation more effective, accessible, and economical.
