DataSnipper

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.

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.