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Manufacturing

Learn how organizations like Thor Industries ensure the effectiveness, efficiency, and integrity of their financial and operational processes with intelligent automation.

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Major Manufacturing firms use DataSnipper

Navigating key challenges

Manual tasks

Manual data entry and reconciliation are time-consuming and error-prone

Compliance requirements

Keeping up with ever-evolving regulations is complex and time-consuming

Inaccuracies in inventory data

Inaccurate inventory data can lead to overstocking, stockouts, or inventory write-offs

Insights from DataSnipper customers
+50%
time savings while conducting Control Testing and Operational Audits
The ODP Corporation
570
hours saved when processing 36,000 datapoints with Form Extraction
Grant Thornton
3,000
hours saved over a 10-month period for financial statement procedures
RSM Cayman
One platform to drive collaboration across audit and finance teams
Internal Audit
Evaluate and improve the effectiveness of internal controls, with automated data reconciliation
Financial Control
Automate reconciliation and verification of financial data by cross-referencing it to its sources
Tax
Automate data extraction and calculate tax provisions. Facilitate compliance with tax laws
USE CASES

Mitigate risks, easily meet regulatory compliance and customer demands

Inventory Control Audit

Use OCR to digitize physical inventory count sheets. Automate reconciliation with inventory ledgers to pinpoint issues like theft, waste, or mismanagement.

Capital Expenditure Approval Timeliness

Ensure budgetary compliance by automating the tracking and approval of capital expenditure requests for timely processing.

Fixed Asset Verification

Extract and verify data from asset tags, maintenance logs and purchase records.

Verification of Procurement Processes

Automate data extraction from purchase orders and invoices. Reconcile against supplier contracts.

Supply Chain Management

Facilitate easy reviews of shipping documents, purchase orders, and supplier agreements.

Teams leveraging DataSnipper's Intelligent Automation

“Since we’ve implemented DataSnipper it has greatly reduced the time spent documenting and reviewing workpapers. We are constantly evaluating ways to leverage DataSnipper for SOX testing and Operational Audits. Looking forward to the increased time savings as we continue to integrate the use of the tool.”
Victoria Sporn
Audit Manager – SOX & Financial, MarketAxess
“DataSnipper helps us ensure that every attribute is captured in our testing. The ability to create templates has played a huge role in time savings as preparers. It enhances efficiency in controls testing, potentially cutting time in half with pre-built templates for future tests.”
Ariana Balda
Auditor, The ODP Corporation
“Using DataSnipper introduced an agile approach in our auditing and helped our team of auditors transform their previously traditional mindset and embrace innovation.”
Ziad Frangie
Lead Auditor EMEA, Air Products & Chemical Incorporated
“DataSnipper offers me a great solution to automate and simplify audit work related to annual accounts, data analytics, and interim work that seamlessly ties in with our vision to transform the audit.”
Ivo Mengelers
IT Auditor, Diggle
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