DataSnipper Transforms Audit Automation with Unprecedented Growth and Global Expansion

DataSnipper Records Remarkable Growth in 2025

DataSnipper is entering the year 2025 with incredible momentum, following a groundbreaking previous year marked by rapid growth, an increased customer base, and notable innovations in its product offerings. Its position as a leader in audit technology has been cemented with a staggering turnover growth of 6,715%, making DataSnipper the fastest-growing technology entity in the Netherlands for the second consecutive year. With a valuation of $1 billion, the company showcases the significant demand for intelligent automation in the finance and audit landscapes.

Expanding Market Reach

In 2024, DataSnipper not only reinforced its stronghold on external audits but also broadened its scope by doubling the new business it generated through internal audits. As various industries such as banking, insurance, and manufacturing recognize the need for efficient audit processes, DataSnipper's offerings are increasingly sought after. The importance of automation is highlighted by the fact that companies are looking to minimize manual errors and enhance decision-making.

CEO Vidya Peters articulates the mutual benefits derived from both internal audit teams and external audit firms adopting DataSnipper's solutions. By streamlining workflows within internal teams, the external audit process becomes more efficient, thereby enhancing the overall audit ecosystem.

Client Feedback

The positive impact of DataSnipper is echoed in testimonials from clients like Office Depot. Senior Manager of Internal Audit, Sarah Morejon, emphasizes how DataSnipper centralizes all evidence and sample data, allowing reviewers to efficiently access exactly the information required, accelerating the review process immensely. The simplified operations through features like Document Management and Snips ensure nothing is overlooked during audits.

Entry into New Markets

As part of its aggressive expansion strategy, DataSnipper has broadened its international footprint, entering emerging markets in LATAM and APAC. With new offices established in cities like Tokyo, Sydney, Kuala Lumpur, and Mexico City, the company has successfully doubled its customer base year-on-year. Esteemed clients in these regions now include renowned names such as Volkswagen and Commonwealth Bank.

Innovations to Enhance Audit Processes

In a significant move to enhance its suite of tools, DataSnipper has executed its first strategic acquisition by bringing UpLink into its fold — a cloud-based document request portal. This acquisition is coupled with the introduction of new products such as DocuMine and the Advanced Extraction Suite. The generative AI capabilities these products usher in not only streamline document workflows but also facilitate the mining, analysis, and verification of large amounts of data more effectively than ever.

Enhanced Collaboration with Microsoft Azure

In a game-changing milestone, DataSnipper has been listed in the Azure Marketplace. This inclusion empowers organizations to integrate DataSnipper seamlessly into existing workflows, leveraging Azure's cloud capabilities for enhanced scalability and security.

Peters highlights this as an important step towards broader market accessibility, ensuring that more organizations can rapidly adopt DataSnipper’s innovative features on their path to smarter automation.

Microsoft’s Ross Kennedy noted that solutions available in the Azure Marketplace, like DataSnipper, provide essential tools that help organizations work more efficiently, allowing clients to invest their resources wisely while unlocking new opportunities.

About DataSnipper

Founded in 2017, DataSnipper has emerged as a pioneer in transforming the audit and finance industry. With a user base exceeding 500,000 professionals across over 125 countries, it serves all of the Big Four auditing firms. After securing $100 million in Series B funding led by Index Ventures, DataSnipper's rapid ascent to becoming the fastest-growing tech company in the Netherlands is a testament to its innovative approach to audit automation.