DataSnipper

TL;DR

Intelligent automation platform that extracts, cross-references, and verifies data directly within Excel
Reduces audit and finance teams' repetitive tasks by up to 90% while maintaining accuracy and control
Ideal for external auditors, internal auditors, tax professionals, and financial controllers
Trusted by 600,000+ users across 175+ countries including Deloitte, BDO, and RSM

What is DataSnipper

DataSnipper is an intelligent automation platform designed specifically for audit and finance teams that integrates directly into Microsoft Excel. It solves the critical problem of manual data extraction, cross-referencing, and verification by automating these repetitive tasks while maintaining full control and audit trails. As an AI-powered audit automation tool, DataSnipper enables professionals to extract data from PDFs and other documents, automatically match it with Excel cells, and create comprehensive audit documentation—all within their familiar Excel environment. The platform has been adopted by over 600,000 users globally, including major accounting firms like Deloitte, BDO, and RSM, who report efficiency improvements of up to 3x and elimination of 90% of menial tasks.

Key Features

Document Matching: Automatically matches Excel data with supporting documents, creating verifiable audit trails. This feature eliminates manual cross-referencing and reduces human error while maintaining compliance standards.
Form Extraction: Uses AI to extract data from forms, invoices, and financial statements directly into Excel cells. The system recognizes various document formats and accurately pulls relevant information without manual input.
Table Snip: Captures and converts tables from PDFs and images into editable Excel format. This feature preserves formatting and数据 integrity while saving hours of manual data entry.
Version Comparison: Tracks changes between document versions automatically, highlighting differences and maintaining audit trails. Essential for regulatory compliance and change management.
DocuMine: Advanced AI-powered document analysis that can process large volumes of documents simultaneously. It identifies patterns, extracts key information, and organizes data for further analysis.
Financial Statement Suite: Specialized tools for analyzing financial statements, including automated footing, cross-footing, and variance analysis. Designed specifically for audit and finance workflows.
UpLink Integration: Seamlessly connects with other audit and finance tools, creating a unified workspace. Enables data sharing and collaboration across different platforms.

Who is DataSnipper for?

External Auditors at accounting firms who need to process large volumes of client documents efficiently
Internal Audit teams seeking to standardize procedures and improve risk assessment capabilities
Tax Professionals who require accurate data extraction from tax documents and financial statements
Financial Controllers managing month-end close processes and financial reporting
Government Auditors conducting compliance reviews and regulatory audits
Advisory Consultants performing due diligence and financial analysis
Corporate Finance Teams handling reconciliations and financial data verification

Key Use Cases & Applications

Automating bank reconciliations by extracting transaction data from statements and matching with general ledger entries
Performing inventory count verifications by cross-referencing physical count sheets with system reports
Conducting revenue testing by extracting invoice data and matching with recorded sales transactions
Executing payroll audits by comparing HR records with payroll registers automatically
Creating standardized audit workpapers with consistent formatting and documentation across all team members
Performing due diligence reviews by quickly extracting key financial metrics from multiple documents
Generating compliance reports by aggregating data from various sources into standardized formats

Pros

Native Excel integration eliminates the need to learn new software, significantly reducing training time and adoption barriers
Achieves up to 90% reduction in repetitive tasks while maintaining full user control over the automation process
Creates comprehensive audit trails automatically, ensuring compliance with regulatory standards
Supports collaboration with real-time sharing and standardized workflows across teams
Robust security with SOC certification and enterprise-grade data protection
Extensive template library and customization options for different audit procedures

Cons

Limited functionality outside of Excel environment, requiring users to work primarily within Microsoft Office
Higher-tier features like advanced data export and company templates require expensive plan
Learning curve for advanced features like DocuMine may require additional training despite the Excel-native interface

Pricing Info

Start Plan:

Form Extraction
Document Matching
Version Comparison
Find all Sums
Advanced Document Management
Single Sign On (SSO)
Customer Success Guidance

Accelerate Plan:

Everything from Start plan
DocuMine
Advanced Document Extraction
Standard Data Export
Save 18% with annual billing

Scale Plan:

Everything from Accelerate plan
Advanced Data Export
Company Templates
Premium Services
Directory Sync
External Guest Access

FAQs

How does DataSnipper integrate with my existing Excel workflows?

DataSnipper operates as an Excel add-in, appearing as a ribbon in your Excel interface. Once installed, all features are accessible directly within Excel without switching between applications. Your existing spreadsheets and templates remain unchanged, but gain powerful automation capabilities for data extraction and verification.

What types of documents can DataSnipper process?

DataSnipper can process PDFs, scanned documents, images (JPG, PNG), and various financial statement formats. The platform uses OCR technology for scanned documents and AI for structured data extraction from forms, invoices, bank statements, and financial reports.

Is my client data secure when using DataSnipper?

Yes, DataSnipper maintains SOC certification and implements enterprise-grade security measures. Data processing occurs locally within your Excel environment, and the platform complies with major data protection regulations. They also offer on-premise deployment options for organizations with strict data residency requirements.

Can DataSnipper handle non-English documents?

DataSnipper supports multiple languages for document processing, though performance may vary by language. The OCR and extraction capabilities work best with Latin-script languages, while support for other scripts like Arabic or Chinese may have limitations. Contact their support team for specific language requirements.

What's the difference between the Accelerate and Scale plans?

The Accelerate plan (€59/month) adds DocuMine AI capabilities and advanced extraction features to the base plan. The Scale plan (€129/month) is designed for larger teams, adding advanced data export options, company-wide templates for standardization, directory sync for user management, and external guest access for client collaboration.

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