DataSnipper and Validis Partner for Audit Tech

The automation platform DataSnipper has partnered with on-demand accounting data provider Validis to provide auditors with a seamless end-to-end audit testing process. DataSnipper also recently announced a Series B funding round valued at $1 billion.

DataSnipper, when integrated with Validis, delivers one audit test workflow to drive significant audit quality and efficiency. Validis provides instant access to financial data provided by the ERP systems from an audit client. Validis structures the data into usable reports with the ability to extract the structured data as an Excel file. This Excel file then flows into DataSnipper and is used by the auditor to automatically match data with audit evidence, supporting a high-quality, easily reviewable audit trail.

Mike Bowman, Commercial Director at Validis explains the significance of the partnership, “Both of these technologies are bringing about efficiencies auditors can’t ignore.” He further adds, “It is clear in the modern data ecosystem that bringing integrated partners together who are best-in-class makes it easier for audit teams to transform their workflows.”