Intelligent Automation Platform for Audit and Finance
Grade: A — Score: 85/100
DataSnipper leverages advanced AI technology to streamline data collection, extraction, matching, and analysis, transforming how audit and finance teams operate. The platform integrates seamlessly with Excel, allowing users to automate repetitive tasks and focus on high-value activities.
By utilizing Excel Agents, DataSnipper enhances collaboration and ensures a single source of truth within teams. This intelligent automation platform simplifies complex workflows, reduces documentation chaos, and minimizes the risk of errors, enabling teams to work smarter and more efficiently.
As audit and finance professionals face increasing demands and reporting needs, DataSnipper addresses these challenges by providing tools that manage risk and improve productivity. The platform's focus on human-led oversight ensures that AI enhances rather than replaces the human role in auditing.
Start: Custom quote (per user)
Accelerate: Custom quote (per user)
Elevate: Custom quote (per user)
Consider switching to Kira Systems: Both offer AI-driven document analysis but Kira focuses more on legal documents.
DataSnipper installs as an Excel add-in that adds a ribbon with document viewing, extraction, and matching tools directly in your spreadsheet. You import PDFs, scanned images, and other source documents into a built-in side-by-side viewer within Excel. OCR processes all imported documents so their text becomes searchable. You then use Snip tools to click on values in source documents and link them to specific cells, creating traceable cross-references. Document Matching automates this at scale by scanning all imported documents to find and link values that match a selected range of cells.
DocuMine is a generative AI tool available on the Accelerate and Elevate plans that answers natural-language questions about your imported documents directly within Excel. You type a query in the Command Bar (for example, 'What is the revenue recognition policy?'), and DocuMine returns an answer with a citation pointing to the exact source document and location. Focus Mode narrows queries to specific documents. Every AI response is traceable to its source, so auditors can verify where information comes from. DocuMine was launched in March 2025.
No. DataSnipper explicitly states on its security page that user inputs are not used for AI training. The platform has implemented security controls to ensure the responsible use of AI and the protection of customer data, including regular reviews to confirm this policy. DataSnipper is also compliant with the EU AI Act, which governs how AI systems handle data. AI-generated content (such as DocuMine responses) is provided with traceable source citations so users can verify accuracy.
Start includes all core automation features: document importing with OCR, Snip tools, Form Extraction, Document Matching, Version Comparison, Find All Sums, Comments and Markup, SSO, and a usage dashboard. Accelerate adds AI capabilities: DocuMine (generative AI document querying), Advanced Document Extraction for complex layouts, AI Extractions for unstructured documents, and Standard Data Export. Elevate adds enterprise controls: Company Templates for standardized workflows, Directory Sync (Active Directory/Azure AD), Document Retention policies, External Guest Access, Advanced Data Export, and Premium Services and Support.
All four Big 4 firms (EY, PwC, KPMG, and Deloitte) use DataSnipper, along with major mid-tier firms including RSM, BDO, Grant Thornton, and Baker Tilly. Corporate users include Morgan Stanley, Siemens Healthineers, Kaiser Permanente, BlueCross BlueShield, Paramount, and the Queensland Audit Office. The platform has over 600,000 users globally. DataSnipper reached a $1B valuation in 2024 after its Series B round led by Index Ventures.
DataSnipper offers two add-on modules sold separately from all base plans. The Financial Statement Suite automates financial statement procedures including mathematical accuracy verification, internal and prior-year consistency checks, and custom tickmark creation. UpLink replaces email-based document collection by sending secure, expiring links to clients who can submit requested documents without needing to create an account or log in. UpLink also uses AI to pre-validate submitted documents at scale before they are imported into the DataSnipper platform.
DataSnipper is SOC 2 Type II compliant with regular independent security audits covering security, availability, and confidentiality. The platform aligns with GDPR for EU data protection and complies with the EU AI Act. Infrastructure is hosted on Microsoft Azure. DataSnipper follows a Secure Software Development Lifecycle (SDLC), maintains an Incident Response Plan, and adheres to Business Continuity and Disaster Recovery frameworks. SSO is included on all plans. The Elevate plan adds Directory Sync for automatic user provisioning through Active Directory or Azure AD.
Yes. While DataSnipper was originally built for external audit teams, the platform now serves six team types: External Audit, Internal Audit, Tax, Financial Control, Government Audit, and Advisory. Internal audit teams use it for control testing documentation and compliance verification. Tax teams use Form Extraction and Document Matching to cross-reference tax returns against source schedules. Financial controllers use it for reconciliation procedures and period-end close documentation. The same core Snip, Extract, and Match features apply across all use cases.