DataSnipper

Key Information

Key Features

• Platform OCR
• Manual Snips
• Table Snip
• Document Management
• Document Viewer
• Reporting
• Document Matching
• Form Extraction
• Find all Sums
• My Templates
• Featured Templates
• Advanced Document Management
• Advanced Reporting
• Company Templates
• External Guest Access
• Version Comparison
• Custom OCR configuration
• DataSnipper Excel Online
• WebSnip Extension
• Single-Sign-On
• Directory Sync

Pricing

• Basic: Contact for pricing
• Professional: Contact for pricing
• Enterprise: Contact for pricing

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What is DataSnipper?

DataSnipper is an intelligent automation platform integrated within Excel, designed to enhance the efficiency and accuracy of audit and finance procedures. It automates tasks such as extracting, cross-referencing, and validating source documents, making it a valuable tool for professionals in these fields.

DataSnipper supports a wide range of functionalities, from basic automation tools to advanced features like document matching and form extraction. It is used by over 500,000 professionals worldwide, indicating its widespread adoption and utility in streamlining financial processes.

Features

• Platform OCR: This feature allows users to extract data from documents using optical character recognition technology, making it easier to digitize and analyze information.
• Manual Snips: Users can manually extract specific data from documents, providing flexibility in data extraction tasks.
• Table Snip: This tool enables the extraction of tabular data from documents, such as PDFs, directly into Excel for further analysis.
• Document Management: DataSnipper offers tools to manage and organize documents efficiently, ensuring that all relevant files are accessible and properly stored.
• Document Viewer: The platform includes a viewer that allows users to preview documents before extracting data, helping in selecting the right files.
• Reporting: Users can generate reports based on extracted data, facilitating the creation of comprehensive financial and audit reports.
• Document Matching: This feature helps in comparing and matching documents, which is useful for verifying data consistency across different sources.
• Form Extraction: DataSnipper can automatically extract data from forms, reducing manual effort and increasing accuracy.
• Find all Sums: This tool quickly identifies and extracts total values from documents, streamlining financial analysis.
• My Templates: Users can create and save custom templates for frequently used documents, enhancing workflow efficiency.
• Featured Templates: The platform provides pre-designed templates for common financial and audit tasks, making it easier to get started.
• Advanced Document Management: Offers more sophisticated tools for managing complex document sets, including advanced search and categorization.
• Advanced Reporting: Provides detailed reporting capabilities, allowing users to create comprehensive and customized reports.
• Company Templates: Customizable templates tailored to specific company needs, ensuring consistency across all departments.
• External Guest Access: Allows external users to access specific documents or reports, facilitating collaboration with clients or partners.
• Version Comparison: Enables users to compare different versions of documents, helping track changes over time.
• Custom OCR configuration: Users can adjust OCR settings to improve data extraction accuracy from specific document types.
• DataSnipper Excel Online: Supports integration with Excel Online, allowing real-time collaboration and data analysis.
• WebSnip Extension: A browser extension that allows users to extract data directly from web pages.
• Single-Sign-On: Simplifies user authentication by allowing access with a single set of credentials.
• Directory Sync: Automates user management by synchronizing with existing directory services.

Pros

• Efficient Data Extraction: Automates data extraction from various document types, reducing manual effort.
• Improved Accuracy: Minimizes errors by using advanced OCR and automation tools.
• Enhanced Productivity: Streamlines audit and finance processes, allowing professionals to focus on higher-value tasks.
• Advanced Reporting: Offers detailed and customizable reporting options for comprehensive analysis.
• Scalability: Supports teams of any size, from small to large enterprises.

Cons

• Steep Learning Curve: New users may require time to fully understand and utilize all features effectively.
• Limited Customization: Some users might find the customization options insufficient for specific needs.
• Dependence on Excel: Requires integration with Excel, which may not be ideal for users preferring other spreadsheet software.

DataSnipper Pricing

• Basic Plan: Contact for pricing. Includes platform OCR, manual snips, table snip, document management, document viewer, and reporting. Services include email support and access to the knowledge base.
• Professional Plan: Contact for pricing. Includes everything from the Basic plan plus document matching, form extraction, find all sums, my templates, featured templates, and advanced document management. Services include business hour support and compliance assistance.
• Enterprise Plan: Contact for pricing. Includes everything from the Professional plan plus advanced reporting, company templates, external guest access, version comparison, custom OCR configuration, DataSnipper Excel Online, WebSnip Extension, Single-Sign-On, and Directory Sync.

Frequently Asked Questions

1. What functions does the Basic plan of DataSnipper offer?

The Basic plan includes essential automation and documentation tools such as platform OCR, manual snips, table snip, document management, document viewer, and reporting. It also provides email support and access to the knowledge base.

2. How does DataSnipper compare to similar tools?

DataSnipper stands out with its integration within Excel and its focus on automating audit and finance procedures. It offers advanced features like document matching and form extraction, which are particularly useful for financial professionals.

3. What is the usage limit for the Basic plan?

The Basic plan is designed for teams with up to 10 users. For larger teams, the Professional or Enterprise plans are recommended.

4. Does DataSnipper offer a free trial or freemium version?

There is no explicit mention of a free trial or freemium version on the DataSnipper website. Interested users are encouraged to contact the company for more information.

5. What are some use cases for DataSnipper in audit and finance?

DataSnipper is widely used in external audit, internal audit, tax, and financial control. It helps automate tasks such as data extraction from financial statements, invoices, and other documents, making it easier to analyze and report on financial data.

6. How can users effectively utilize DataSnipper for financial reporting?

Users can leverage DataSnipper's automation tools to extract data from financial documents, then use the reporting feature to generate comprehensive financial reports. This streamlines the process of creating profit and loss statements and other financial analyses.

7. Is DataSnipper available in multiple languages?

DataSnipper's language support is not explicitly mentioned, but it is used by professionals in over 125 countries, suggesting it may accommodate various languages or be easily adaptable for international use.

8. What are the prerequisites for using DataSnipper?

Users need access to Excel, as DataSnipper integrates directly with this software. Basic computer skills and familiarity with financial or audit procedures are also beneficial for effective use.

9. How does DataSnipper handle copyright and licensing?

Specific details about copyright and licensing are not provided on the website. Users should contact DataSnipper directly for more information on these matters.

10. What is DataSnipper's refund policy?

The refund policy is not explicitly stated on the DataSnipper website. Users should inquire about this when contacting the company for pricing or purchasing information.