How DataSnipper Can Maximize Your Business Excel Insights

What if there was a way to make your Excel work easier, faster, and smarter? What if you could automate everyday time-consuming tasks like data entry, analyze unprecedented amounts of information with artificial intelligence, and create actually usable reports with a few clicks? That’s where DataSnipper is.

DataSnipper is an AI accounting tool that makes Excel even more powerful and intelligent for audit and finance professionals. DataSnipper is designed to help you automate, standardize, and optimize your accounting processes while enhancing your productivity, efficiency, and quality.

What is DataSnipper? 

DataSnipper is a company founded in 2020 by a team of former accountants, auditors, and data scientists. Based in San Francisco, California, with additional offices in New York, London, and Singapore, DataSnipper is supported by top venture capital firms and has earned numerous awards for its innovative work.

The company's goal is simple: to empower accounting and finance professionals with the benefits of artificial intelligence, making their tasks more efficient and intelligent. DataSnipper aims to be the global leader in AI accounting, driving a revolution in the accounting and finance industry and they started with the most widely used tool in the entire world: Excel. 

DataSnipper uses various AI techniques, such as machine learning, deep learning, natural language processing, computer vision, and foundation models to enhance your Excel work.  DataSnipper also uses AI to automate your tasks, generate insights, and provide recommendations.

How do I use DataSnipper in Excel?

DataSnipper is an Excel add-in that you can easily install and activate from the installation link provided by DataSnipper. Once you have DataSnipper installed, you will see a new tab in your Excel ribbon, where you can access all the features and functions.

DataSnipper has four main components: Import Documents, Snip Data, Analyze Data, and Report Data. Let’s take a look at each one of them.

Import Documents

This feature allows you to import any type of document into Excel, such as PDFs, images, scanned files, or web pages. DataSnipper uses optical character recognition (OCR) and natural language processing (NLP) to extract the relevant data from the documents and convert it into structured tables in Excel. You can also edit, validate, and categorize the imported data as needed.

Snip Data

Allows you to snip or cut out any piece of data from your Excel sheets and paste it into another sheet or file. DataSnipper uses machine learning to recognize the data type, format, and context of the snipped data and automatically adjusts it to the destination. You can also use Snip Data to cross-reference and validate data across different sources.

Analyze Data

Allows you to analyze your data with artificial intelligence and generate insights that can help you make better decisions. DataSnipper uses foundation models that are trained on historical data, market trends, and industry best practices to identify patterns, anomalies, risks, and opportunities in your data. You can also customize the analysis parameters and criteria according to your needs.

Report Data

This feature allows you to create stunning reports and dashboards with your data in Excel. DataSnipper uses graphic design and data visualization techniques to make your reports more attractive, informative, and engaging. You can also use Report Data to share your reports with others via email or cloud services.

Benefits of using DataSnipper

Save time: DataSnipper can help you reduce the time spent on manual data entry, data collection, data analysis, and report creation by up to 90%. This means you can complete your tasks faster and meet your deadlines more easily.

Improve accuracy: DataSnipper can help you improve the accuracy of your data and calculations by eliminating human errors, duplicates, inconsistencies, and outliers. This means you can ensure the quality and reliability of your work and avoid potential penalties or disputes.

Increase efficiency: DataSnipper can help you increase the efficiency of your workflows by automating and standardizing your processes. This means you can streamline your operations, optimize your resources, and reduce costs.

Enhance productivity: DataSnipper can help you enhance your productivity by freeing up your time from mundane tasks and allowing you to focus on more strategic and value-added activities. This means you can improve your performance, deliver more value to your clients or stakeholders, and grow your career or business.

Drive Impact: DataSnipper can help you drive impact by providing you with actionable insights that can help you make better decisions. This means you can identify risks and opportunities in your data, advise on best practices or recommendations, and proactively adapt to changes in the market or industry.

What do you like most about DataSnipper?

DataSnipper is not only an AI tool, but also an AI platform. This means that DataSnipper is constantly learning from your data and feedback, and improving its features and functions over time. DataSnipper also allows you to customize its AI models according to your preferences and needs.

Is user-friendly: It platform is very easy to use and intuitive. You don’t need any coding or technical skills to use DataSnipper. You just need to install the add-in, activate it, and start using it from the Excel ribbon. DataSnipper also has a simple and clear interface that guides you through each step of your work.

Super Versatile: You can use DataSnipper for any type of accounting or finance work, such as audit, tax, bookkeeping, budgeting, forecasting, reporting, or consulting. You can also use DataSnipper for any type of data or document, such as financial statements, invoices, receipts, bank statements, contracts, or web pages.

Powerful: DataSnipper is very powerful and intelligent for complex and advanced tasks that would otherwise take hours or days to complete manually. You can also use DataSnipper to discover new insights and opportunities that would otherwise be hidden or overlooked in your data.

Collaborative: You can use DataSnipper to share your work with others via email or cloud services. You can also use DataSnipper to get feedback and suggestions from other users or experts in the DataSnipper community. You can also use DataSnipper to access online resources and tutorials that can help you learn more about DataSnipper and Excel.

Tips and tricks on how to use DataSnipper better

DataSnipper is an AI accounting tool that can help you improve your Excel work in many ways. Here are some tips and tricks on how to use DataSnipper better:

• Use Import Documents to import any type of document into Excel without manual data entry or conversion.
• Use Snip Data to snip any piece of data from your Excel sheets and paste it into another sheet or file without formatting or copying errors.
• Use Analyze Data to analyze your data with artificial intelligence without complex formulas or calculations.
• Use Report Data to create stunning reports and dashboards with your data without endless formatting or designing.
• Use the Settings menu to customize your preferences and options for each feature of DataSnipper.
• Use the Help menu to access the user guide, FAQs, support center, feedback form, and update notifications for DataSnipper.
• Use the Community menu to join the online forum, blog, newsletter, social media channels, and events for DataSnipper.
• Use the Learn menu to access the online courses, webinars, podcasts, videos, articles, and books for DataSnipper.

Why I Use DataSnipper

DataSnipper is an AI accounting tool that transforms Excel into a powerful and intelligent platform for audit and finance professionals. It can help you automate, standardize, and optimize your accounting processes while enhancing your productivity, efficiency, and quality. 

If you are looking for an AI accounting tool that can make your everyday work easier, faster, and smarter, you should try DataSnipper. You can download a free trial of DataSnipper from their website and start using it today. You can also contact them for a demo or a consultation. You will be amazed by what DataSnipper can do for you.