DataSnipper offers an AI-powered intelligent automation platform that integrates with Excel to extract, cross-reference, and verify financial data, significantly reducing the time spent on repetitive audit tasks. By eliminating up to 90% of menial tasks, the platform enhances productivity and collaboration for audit and finance teams, allowing them to focus on high-value activities.
Funding
$100.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Audit and finance teams spend considerable time on repetitive tasks such as extracting, cross-referencing, and verifying financial data, leading to reduced productivity and increased risk of errors. Sharing, reviewing, and validating financial evidence is often complex and chaotic. Mounting reporting needs and increasing demands further exacerbate these challenges.
Solution
DataSnipper provides an intelligent automation platform that integrates directly with Excel to streamline audit and finance workflows. The platform enables users to extract data from documents, cross-reference information, and verify financial data with increased speed and accuracy. By automating repetitive tasks, DataSnipper allows audit and finance teams to focus on high-value activities such as discrepancy analysis and strategic decision-making. The platform also enhances collaboration by providing a single source of truth for financial data and supporting documentation.
Target Audience
DataSnipper is designed for external auditors, internal auditors, tax professionals, financial controllers, government auditors, and advisory teams.
Features
- Intelligent document matching to automatically link Excel data with supporting documents
- Form extraction to quickly pull data from standardized forms
- Table Snip functionality to extract tabular data from various sources
- Automated cross-referencing and verification of financial data
- Centralized workspace for enhanced team collaboration
- Ability to standardize procedures across teams and functions
- Integration with Excel for a familiar and user-friendly experience