DataSnipper recognized by international research and advisory gold standard as a leading audit technology vendor harnessing AI to empower and boost audit efficiency.
(Amsterdam, November 4) DataSnipper, the intelligent automation platform transforming audit and finance, has been named a 'Cool Vendor in Audit Technology by Gartner in its latest “Cool Vendors” report. Gartner's recognition further consolidates DataSnipper as the leading innovator in audit automation, validating its software's ability to slash hours of work into minutes while boosting accuracy and compliance—a major win for auditors in a high-stakes, high-regulation industry.
As demand for AI and automation in audit and finance grows, Gartner acknowledged DataSnipper standing out for its unique solutions that automate time-consuming tasks like document matching, data extraction, and anomaly detection. These tools allow auditors to prioritize high-value, judgment-driven decisions while maintaining productivity and meeting regulatory demands.
A Leader in Audit Efficiency and Innovation
With over 90% of its customer base in external audit—including all of the ''Big Four''—DataSnipper is making a substantial impact. Audit teams are drawn to DataSnipper’s capabilities, especially as the platform expands into internal audit, with rapid adoption in industries like banking, insurance, and manufacturing. Clients report outcomes such as a 50% faster completion of SOX and operational audits and up to 70% reduction in manual, repetitive tasks.
“Gartner’s recognition of DataSnipper as a Cool Vendor is a measure of the trustworthiness in audit that our product has built within the industry,” said Vidya Peters, CEO of DataSnipper. “We’re proud that our innovative technology allows both internal and external audit teams to navigate complex data effortlessly, supporting better risk management and regulatory compliance.”
A Platform Designed to Evolve with AI
DataSnipper’s intelligent automation platform includes features like:
- UpLink: A cloud-based secure document request portal, AI-native and designed to instantly identify insights from large volumes of client documents, solving one of the most significant bottlenecks in the audit process: document collection, review, and testing.
- DocuMine: an AI-powered powered document validator that enables auditors to mine, analyze, and verify large volumes of documents in Excel.
- Financial Statement Suite (FSS): Automatically analyzes financial statements, speeding up audit processes while relying on expert judgment.
- Advanced Extraction Suite: AI-driven tools detect and extract essential data from invoices, receipts, and contracts, further minimizing manual workloads.
The full Gartner Cool Vendors in Audit Technology report can be read here .
About DataSnipper
DataSnipper is transforming data in the audit and finance industry. Founded in 2017, DataSnipper provides audit and finance teams with an intelligent automation platform to drastically increase the quality and efficiency of audit and finance procedures. DataSnipper is used by over 500,000 audit and finance professionals in 125+ countries and serves all four of the largest global auditing firms: Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers. DataSnipper is the fastest-growing tech company in the Netherlands and raised $100 million in Series B, led by Index Ventures at a $1 billion valuation.
