SwiftLink Launches DataSnipper Tool for Enhanced Audit Productivity in Japan

SwiftLink Partners with DataSnipper to Boost Auditing Efficiency

In a move aimed at improving the productivity of auditing, accounting, and finance operations, SwiftLink Corporation, headquartered in Chuo-ku, Tokyo, has announced its new partnership with DataSnipper B.V., based in the Netherlands. This partnership focuses on the sales support of DataSnipper, an Excel add-on tool that seeks to provide reliable data verification swiftly, facilitating better decision-making in financial practices.

Background Behind SwiftLink's Focus on DataSnipper

In today’s landscape, demands for transparency in internal controls and financial reporting have risen significantly. Concurrently, audit and accounting departments are grappling with persistent staff shortages and a reliance on personnel-specific processes. DataSnipper emerges as a practical solution developed from the field, specifically tailored to address these pressing challenges faced by professionals in auditing firms and accounting offices.

The tool has already been deployed in over 125 countries, adopted by more than 500,000 users, including major firms from the Big Four accounting networks, showcasing its proven reliability and effectiveness.

SwiftLink does not see itself simply as a distribution partner; rather, it aims to comprehensively support the integration of DataSnipper into the Japanese market. This support includes formulating sales strategies, establishing sales frameworks, creating educational content for understanding the tool, and connecting with local partners.

DataSnipper: Streamlining Auditing and Accounting Tasks

The auditing and financial operations often involve repetitive and time-consuming tasks, with the complexities of sharing, reviewing, and verifying monetary transaction evidence making documentation cumbersome. DataSnipper addresses these issues by offering a user-friendly interface that automates the search, transfer, and source citation of necessary information from various electronic documents (including PDFs, images, emails, and browsers) with just a few clicks. The tool is ideal for:

- External auditors
- Internal auditors
- Finance and accounting professionals
- Tax accountants and consultants

Webinar on Internal Auditing Trends

A recent webinar titled “Trends in Internal Auditing and Necessary Transformations,” held on February 7, 2025, is available for rewatching. This session highlights the evolving roles required in internal auditing due to business environment shifts and shares successful case studies of Audit Transformation from various companies. Viewers can also explore this automated auditing tool that has already made its mark in over 125 countries and with more than 500,000 users.

Examples of DataSnipper in Action

1. Utilization in Audit Firms: DataSnipper can search through extensive sample data and match it with images and PDF documents of relevant evidence in batches. A demonstration shows a large set of transaction information in Excel, where users can search for applicable evidence with just one click.
2. Application in Finance and Accounting: DataSnipper automates the linking of invoices to bank transaction data, enabling users to confirm whether payments have been accurately completed. A demo illustrates this capability by linking payment records in Excel to respective invoices and banking information with a single action.
3. Usage in Internal Auditing: The tool allows for comprehensive testing of JSOX samples efficiently, streamlining the process of verifying a large set of sample transaction data in mere clicks.

DataSnipper Functional Overview

A brief overview video highlights DataSnipper's core capabilities. This tool can fetch required information from electronic files containing images, text, or handwriting. Users can select regions within electronic documents to create links to those selections for a streamlined verification process.

- AI-Driven Data Matching: Automates the verification of financial data with supporting evidence (invoices, receipts, contracts), capable of detecting errors.
- Reduced Workload for Internal Auditors: By cutting down on manual tasks, it enhances the speed of auditing significantly.
- Compliance Support: Enables quicker identification and reporting of fraud risks.
- Financial Statement Suite (FSS) Functionality: This feature is useful in preparing internal disclosure documents, automatically checking calculations and entries, and facilitating collaborative sharing of verified information.