Enhancing Q&A with Domain-Specific Fine-Tuning and Iterative Reasoning: A Comparative Study
On the map: LLM reasoning → Knowledge- and tool-augmented reasoning
also in 1 more
Abstract (arXiv)
This paper investigates the impact of domain-specific model fine-tuning and of reasoning mechanisms on the performance of question-answering (Q&A) systems powered by large language models (LLMs) and Retrieval-Augmented Generation (RAG). Using the FinanceBench SEC financial filings dataset, we observe that, for RAG, combining a fine-tuned embedding model with a fine-tuned LLM achieves better accuracy than generic models, with relatively greater gains attributable to fine-tuned embedding models. Additionally, employing reasoning iterations on top of RAG delivers an even bigger jump in performance, enabling the Q&A systems to get closer to human-expert quality. We discuss the implications of such findings, propose a structured technical design space capturing major technical components of Q&A AI, and provide recommendations for making high-impact technical choices for such components. We plan to follow up on this work with actionable guides for AI teams and further investigations into the impact of domain-specific augmentation in RAG and into agentic AI capabilities such as advanced planning and reasoning.
Key facts. Cited by 11 papers in the map (data through 7 Oct 2026). Placed in Knowledge- and tool-augmented reasoning, one of 17 directions in LLM reasoning. Builds on 24 of its 27 references that are in the map. First posted on arXiv 17 Apr 2024.
Builds on
24 of 27 references.
References · 24
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12 more
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Built on by
Citing papers per year: 2024: 2; 2025: 4; 2026: 5.
11 papers.
- 2024BioRAG: A RAG-LLM Framework for Biological Question Reasoningcited by 42
- 2025KAQG: A Knowledge-Graph-Enhanced RAG for Difficulty-Controlled Question Generationcited by 2
- 2026Legal-DC: Benchmarking Retrieval-Augmented Generation for Legal Documentscited by 2
- 2025CAPRAG: A Large Language Model Solution for Customer Service and Automatic Reporting using Vector and Graph Retrieval-Augmented Generationcited by 1
- 2025RAGalyst: Automated Human-Aligned Agentic Evaluation for Domain-Specific RAGcited by 1
- 2024A Retrieval-Augmented Generation Framework for Academic Literature Navigation in Data Sciencecited by 0
- 2025Smarter, not Bigger: Fine-Tuned RAG-Enhanced LLMs for Automotive HIL Testingcited by 0
- 2026A Human-Centred Architecture for Large Language Models-Cognitive Assistants in Manufacturing within Quality Management Systemscited by 0
- 2026Assessment of RAG and Fine-Tuning for Industrial Question-Answering-Applicationscited by 0
- 2026HPC-LLM: Practical Domain Adaptation and Retrieval-Augmented Generation for HPC Supportcited by 0
- 2026MimirRAG: A Multi-Agent RAG Framework for Financial Data Retrieval with Metadata Integrationcited by 0
- 2026MimirRAG: A Multi-Agent RAG Framework for Financial Data Retrieval with Metadata Integration24 May 2026
- 2026Assessment of RAG and Fine-Tuning for Industrial Question-Answering-Applications10 May 2026
- 2026HPC-LLM: Practical Domain Adaptation and Retrieval-Augmented Generation for HPC Support8 May 2026
- 2026A Human-Centred Architecture for Large Language Models-Cognitive Assistants in Manufacturing within Quality Management Systems17 Mar 2026
- 2026Legal-DC: Benchmarking Retrieval-Augmented Generation for Legal Documents12 Mar 2026
- 2025Smarter, not Bigger: Fine-Tuned RAG-Enhanced LLMs for Automotive HIL Testing27 Nov 2025
- 2025RAGalyst: Automated Human-Aligned Agentic Evaluation for Domain-Specific RAG6 Nov 2025
- 2025KAQG: A Knowledge-Graph-Enhanced RAG for Difficulty-Controlled Question Generation12 May 2025
- 2025CAPRAG: A Large Language Model Solution for Customer Service and Automatic Reporting using Vector and Graph Retrieval-Augmented Generation23 Jan 2025
- 2024A Retrieval-Augmented Generation Framework for Academic Literature Navigation in Data Science19 Dec 2024
- 2024BioRAG: A RAG-LLM Framework for Biological Question Reasoning2 Aug 2024
Similar, not cited
Close in wording, no citation either way
- 2024Efficient In-Domain Question Answering for Resource-Constrained Environments
- 2025One More Question is Enough, Expert Question Decomposition (EQD) Model for Domain Quantitative Reasoning
- 2025Integrating Domain Knowledge for Financial QA: A Multi-Retriever RAG Approach with LLMs
- 2024Investigating the performance of Retrieval-Augmented Generation and fine-tuning for the development of AI-driven knowledge-based systems
- 2024SimRAG: Self-Improving Retrieval-Augmented Generation for Adapting Large Language Models to Specialized Domains
- 2024Aggregated Knowledge Model: Enhancing Domain-Specific QA with Fine-Tuned and Retrieval-Augmented Generation Models
- 2025Beyond QA Pairs: Assessing Parameter-Efficient Fine-Tuning for Fact Embedding in LLMs
- 2024Domain-Specific Retrieval-Augmented Generation Using Vector Stores, Knowledge Graphs, and Tensor Factorization