DataSnipper vs. MindBridge Platform

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

MindBridge [Platform] is an excellent tool to use to gain additional comfort over client's data. The key areas it helps with are analytical procedure risk and inherent risk, but depending on the data you have, it can also be able to assess control risk to a degree. It's a very malleable tool that can be made to fit your client, however, it does require upfront work (as the implementation of any new technology would). The tool may not be scalable for audit work that is very low-risk and requires little hour input in the first place as it may add more hours in the long-run than the normal audit would incur. Our team has used these low-risk audits in our implementation, however, to corroborate the results we get, which we felt has helped us achieve our successes with the tool.

Incentivized

• 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

• Using the output from MB AI we have been able to reduce the inherent risk and analytical procedures risk assessments in our audits which have reduced our substantive testing sample sizes.
• The output from MB AI allows us to focus on the medium risk and high risk transactions that were recorded in the general ledger during the year.
• Our younger, more technologically advanced team members really enjoy working with MB AI.

• 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

• It needs to have a deliverable Risk Analysis report, something that can be exported to a PDF and delivered to clients.
• Accounts receivable and payable analysis needs to be able to handle tiered customers and vendors.
• Exporting to PDF should be a feature. Works great for Excel.
• Needs forecasting capability in order for us to use for review engagements.
• Needs the ability to compare client to industry ratings.

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

The only reason I do not give this a 10 is that I would like a deliverable risk report. This would enable me to offer additional services to my non-audit clients.

My experience with customer support may different since I started using the application early on. I am also providing continuous recommendations for improvement or additional features. They have always been available when I needed them and they actually listen and value my opinion. They have implemented many of our recommendations and asked for our input on possible new features.

We did not consider any other similar products.

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

Incentivized

• Increased efficiency
• Better quality audits performed
• Coming to more reasoned conclusions that are supported by data