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DataSnipper

Score10 out of 10

4 Reviews and Ratings

What is DataSnipper?

DataSnipper is an Intelligent Automation Platform within Excel that accelerates the speed and quality of audit and finance procedures. DataSnipper can be used to automatically extract, cross-reference, and validate source documents of any audit and finance procedure. Active in 85+ countries and used by over 500.000 audit and finance professionals.

Categories & Use Cases

Top Performing Features

  • Multi-device monitoring

    Network device monitoring in real time for any devices on your network

    Category average: 10

  • Patch Management

    Patch management involves acquiring, testing, and installing multiple patches (code changes) to an administered computer system.

    Category average: 10

  • Performance data reports

    Standardized reports containing system monitoring data and metrics

    Category average: 9.3

Areas for Improvement

  • Data backup and recovery

    Backup and recovery of lost data

    Category average: 9.1

  • Administrator access control

    Management and restriction of user access to specific system assets

    Category average: 9.1

  • Customizable reporting

    Administrators can use reporting engine to build custom reports

    Category average: 8.8

Great Tool for Tax Professionals

Use Cases and Deployment Scope

At my organization, we work on tax returns and usually deal with client data and financial statements that is sent to us in image formats. We use DataSnipper to easily convert the data from images to Excel tables. In most cases, I find the tables accurate and easy to copy and paste into workpapers. Also when it comes to attaching pdf to tax workpapers as supporting documents, DataSnipper makes it easy.

Pros

  • Snip data from images and PDFs
  • Snip data from Tables into Excel Files
  • Attach PDF files to excel as supporting documents to validate numbers on tax workpapers.

Cons

  • Being able to use DataSnipper on other tools like MS Word and Adobe Acrobat
  • Be better able to work with low resolution files
  • Enable AI tools for better snipping and summarizing snipped data

Return on Investment

  • DataSnipper primarily saves a lot of time when it comes to snipping data
  • It bring a lot of accuracy to our tax workpapers

Usability

Other Software Used

Zoho Books, Zoho WorkDrive, Zoho Mail

Productivity Boost

Use Cases and Deployment Scope

We have significantly reduced the time spent on repetitive tasks by leveraging DataSnipper. For instance, we utilized its OCR function to efficiently process PDF files. In many cases, this allowed us to easily extract tables and numbers, streamlining our workflow and enhancing productivity. This tool has proven invaluable in handling data extraction with minimal effort.

Pros

  • Extracted tables from PDF files.
  • Cross referencing allowed for easier review.
  • Auditors appreciated the workpapers that were produced.

Cons

  • Extremely large files may cause excel to freeze up
  • Odd search feature bug (infrequent) but thankfully a very easy fix (rotating the page)

Return on Investment

  • Improved the review process.
  • Reduced potential mistyping by using the snip feature.

Usability