CaseWare IDEA vs. DataSnipper

One example of specific scenario in [CaseWare] IDEA is the ability to run samples separately and then based off of the results, compare and contrast the values recorded and easily discern if there are any variables or discrepancies within the data itself. Also, we can test journal entries with certain parameters to check the audit for any issues that may arise pertaining to the criteria. By testing, we are able to make sure the data is accurate and sufficient.

Incentivized

DataSnipper stands out for its ease of use and the extensive knowledge available through DataSnipper Academy. The onboarding experience was fantastic, thanks to dedicated representatives who guided us through the process. Additionally, the support for the product was readily available, providing prompt responses and fixes whenever needed. This combination has made our experience seamless and efficient.

Incentivized

• Easy to understand and easy to use.
• Can use on large quantities of data and quickly analyze them.
• Uses logic that can be followed if one is an auditor. I, for example, could understand the logic in a number of samples, i.e how the number of samples thrown changes when risk changes from low to moderate in proportion taking in consideration the materiality.
• Other audit firms are using 2 software for the process that IDEA alone can do. So IDEA has a definite advantage here.
• Customizable by the company.

• Snip data from images and PDFs
• Snip data from Tables into Excel Files
• Attach PDF files to excel as supporting documents to validate numbers on tax workpapers.

Incentivized

• Bit of a learning curve for the advanced features as a beginner.

Incentivized

• Being able to use DataSnipper on other tools like MS Word and Adobe Acrobat
• Be better able to work with low resolution files
• Enable AI tools for better snipping and summarizing snipped data

Incentivized

DataSnipper stands out for its ease of use and the extensive knowledge available through DataSnipper Academy. The onboarding experience was fantastic, thanks to dedicated representatives who guided us through the process. Additionally, the support for the product was readily available, providing prompt responses and fixes whenever needed. This combination has made our experience seamless and efficient.

Incentivized

I would rate it a 9 because I never really needed support on this but if I did, there was the necessary support given promptly.

I have used Microstart and would definitely vote for IDEA because IDEA combines what Microstart does with the help of one/more softwares. Where Microstart just gives a number of samples, IDEA selects the number of samples based on materiality, risk, and other factors. It selects those samples from the population leaving out line items that are invalid/ zero. I would prefer using IDEA any day.

• We were able to save time by over 200 billable hours over our last busy season cycle
• We saved roughly 12% on costs compared to the last program we used.

Incentivized

• DataSnipper primarily saves a lot of time when it comes to snipping data
• It bring a lot of accuracy to our tax workpapers

Incentivized