DataSnipper

RATING:

4.7

(127)

About DataSnipper

Accelerate your Audit and Finance teams’ productivity. DataSnipper helps to reduce time spent on manual operations, improve collaboration within teams, and boost productivity with standardization. Reduce risk, boost productivity Documenting audit and finance procedures in Excel was never this easy. Automatically extract, cross-reference, and validate the source document of any audit and finance procedure. Maximize efficiency with automation Multiply your efforts, while staying in control. Eliminate repetitive tasks at scale, while embracing new challenges in the fast-changing audit and finance industry. Drive impact with collaboration Extract, cross-reference, and document the source of any audit and finance procedure directly in Excel. Drive collaboration by conne...

DataSnipper Pricing

DataSnipper packages tailored towards your needs, whether you are a growing business or a large enterprise.

Free trial: 

Available

Free version: 

Not Available

Use DataSnipper to extract relevant data from documents with the same layout. Simply Snip all data fields from one document and DataSnipper applies the same logic to other documents. It's like a robot that multiplies your efforts.
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DataSnipper Reviews

Overall Rating

4.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for DataSnipper

1 - 5 of 127 Reviews

Anja

Accounting, 11-50 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2023

Datasnipper is worth it!

Datasnipper solves the time problem in audit by eliminating the need to capture support manually and also human error where mistakes are made when documents are captured. These documents are imported and the detail thereon is either extracted or snipped instead of being captured manually by retyping from physical documents. Which saves alot of time and also does not leave juniors stuck on tasks for hours and hours.

PROS

Datasnipper eliminates phantom ticking - one of audit engagements worst threat (the threat that an audit member will state that it is correct without checking the support or substance) Due to the ability of the software to import the support and then allow the manager to check it that what is tested is correct is fantastic. Also significantly reduces capturing errors made by junior staff when capturing a lot of support.

CONS

Some features are not available and require additional expansion or products to get the use of the functionality. The standard model is great but is not really competing with all the additional features that are available and you are limited to the subscriptions purchased by the organization as a user.

Harischandra

Accounting, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

3

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed March 2023

Auditing with DataSnipper

Our team has been using DataSnipper for several months now, and it has considerably improved our efficiency in audit work. The automation features have saved us a significant amount of time on repetitive tasks, allowing us to focus on higher-risk areas. The intelligent audit features have also helped improve the accuracy and quality of our work. However, there are some functional issues, such as the Validation Snip and Table Snip, that need improvement. Additionally, the pricing structure can be prohibitive for small and medium practitioners with low license volumes. Despite these issues, DataSnipper remains a valuable tool for auditors looking to streamline their workflow and improve efficiency.

PROS

DS has truly impacted the way we audit over the last year. We have been using the tool for a few months now, and we can confidently say that it has saved us a considerable amount of time on repetitive tasks. This has allowed us to shift our focus towards more high-risk areas and tasks that require the attention of senior resources. As a result, we have been able to improve the quality and accuracy of our work.One of the key benefits of DS is its automation features. The tool automates many of the manual tasks that we used to perform, such as vouching, verifying, copying and pasting data, and reconciling data. This has freed up a lot of our time and resources, which we can now allocate towards more valuable tasks that require our attention.Another benefit of DataSnipper is its seamless integration with Excel. Most of our audit work is done in Excel, so having a tool that integrates with it is incredibly convenient. This also makes it easy for us to get started with the tool without extensive training, as we are already familiar with the Excel interface.The user-friendly interface of DataSnipper is another advantage. The tool is intuitive and easy to use, even for those who are not Excel experts. Overall, DataSnipper is a tool that any auditor should consider. It streamlines our workflow and improves our efficiency, which allows us to provide better value to our clients.

CONS

While DS has been a useful tool for automating certain audit tasks, there are some areas for improvement that could impact its overall effectiveness. One issue is the high price, which may be prohibitive for small and medium practitioners with low license volumes. Additionally, the pricing structure can be discriminatory towards customers with lower volumes, which can be frustrating.There are also some functional issues that could potentially affect the reliability and accuracy of the tool. For example, the Validation Snip does not actually validate amounts and users may unintentionally mark something as validated when it is not. The Table Snip also has issues when editing rows, which can cause data to be merged incorrectly.Another area for improvement is the lack of formatting options and inability to change general settings of functions, such as font size and color. Additionally, it would be helpful to have the ability to insert audit ticks into imported documents.While the FIND ALL SUMs function is useful, it does not always accurately check the totals when there is a net total, and the SUM Snip may pick up some numbers with a minus sign when they should be positive. Overall, while DS can be a helpful tool for automating audit tasks, users should be aware of these potential issues and weigh them against their specific needs and preferences. DS's use may cause Excel to freeze and it's incompatible with older versions of Office, but doesn't detract from its overall value.

Rochelle

Accounting, 201-500 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed January 2023

Overall positive but improvements desired

Overall the software provided efficiencies in the audit and FS review processes. Though it does not fully provide what we need, the pros outweigh the cons, so we continue to use the software in out day to day audit and FS review processes.

PROS

Reduced the amount of time reviewing financial statements, reduced audit documentation time, and increased efficiency in reviewing audit documentation

CONS

There were multiple issues identified with the automated results of the financial statement suites, and reduced functionality of some features with the latest version issued made certain aspects of FS review more difficult than in previous versions.

Maureen

Accounting, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2023

Datasnipper saves time and money in audit

I do enjoy all the benefits of DataSnipper, as it saves a lot of time, which I can spend on more important tasks in my work.

PROS

I do enjoy that this software allows things to be easier in the form of importing documents, and importing specific lines of information into excel. It's very good that I can set the format of the first page of the documentation, and it can import information into excel from multiple pages. This makes testing much easier, and saves a lot of time. This enables me as the user to focus on analytical tasks in my work, rather than retyping information from various sources for my audit documentation.

CONS

Nothing comes to mind. I cannot think of any specific shortcomings of this software.

Graham

Accounting, 10,000+ employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed March 2023

Datasnipper Fanatic

Sensational, probably my favorite tool to use while completing testing. Genuinely get excited when I find a good opportunity to use it!

PROS

Datasnipper allows everyone to work faster through testing in audit. Whether it's using it for manual snips to avoid typing, or using document matching or form extraction to pull information quickly from hundreds on invoices... Datasnipper is a time saver for all parties from staff to partner.

CONS

Not much, I think they need to publicize training videos or make more of them so people understand how to use it more. I've been teaching alot of poeple within my firm personally. I want everyone to use it!