TLDR: DataSnipper, in collaboration with Microsoft, has launched specialized AI agents—Disclosure Agents and Excel Agents—aimed at revolutionizing audit and finance workflows. These agents are designed to automate complex tasks, significantly enhancing efficiency, accuracy, and compliance within the industry.
AMSTERDAM – October 1, 2025 – DataSnipper, a leading intelligent automation platform for audit and finance teams, today announced the official launch of its groundbreaking AI Agents: Disclosure Agents and Excel Agents. This strategic partnership with Microsoft marks a significant advancement for the audit and finance sectors, introducing purpose-built AI solutions designed to automate intricate audit and reporting tasks while upholding transparency, accuracy, and regulatory compliance.
The newly introduced AI agents are engineered to integrate seamlessly into existing audit workflows, directly addressing some of the most time-consuming and error-prone aspects of the profession. Specifically, Disclosure Agents are tasked with checking disclosures against International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP), while Excel Agents handle complex operations within Microsoft Excel, a foundational tool for many finance professionals. This integration is powered by Microsoft Azure OpenAI, showcasing how advanced AI can accelerate innovation in highly regulated environments.
Vidya Peters, CEO at DataSnipper, emphasized the strategic intent behind the launch, stating, “Disclosure Agents and Excel Agents are built to solve our customers’ biggest pain points, manual testing, complex disclosures, and fragmented workflows. By embedding AI directly into the tools professionals already use, we’re helping teams move faster, reduce risk, and reclaim time for higher-value work.”
Jaime De Mora, CTO Startups & Digital Natives at Microsoft EMEA, echoed this sentiment, highlighting the collaborative effort: “Building on our collaboration with DataSnipper, this launch highlights how Azure OpenAI can accelerate innovation in complex, regulated environments. AI Agents in audit and finance are a powerful example of technology working alongside professionals to enhance quality and efficiency.”
Audit and finance professionals frequently grapple with stringent regulatory requirements, vast volumes of unstructured data, and constant pressure to deliver precise results under tight deadlines. Traditional automation often falls short when judgment, structure, or contextual understanding are required. DataSnipper’s AI Agents overcome these limitations by combining the efficiency of automation with human-like comprehension, ensuring faster turnaround on compliance-heavy tasks without compromising accuracy. A key feature is that every output is meticulously linked back to its evidence, significantly mitigating the risk of AI hallucination and errors. This approach is projected to cut audit time by up to 70% by automating compliance checks and data validation.
The introduction of these AI agents also addresses critical talent shortages within the financial sector by augmenting human expertise. Rather than replacing professionals, the AI agents act as ‘intelligent teammates,’ handling repetitive tasks and freeing up human auditors for strategic analysis, complex problem-solving, and client engagement, thereby reducing burnout.
DataSnipper’s influence in the industry is substantial, with over 600,000 audit and finance professionals across 175 countries utilizing its platform. The company serves all four of the largest global auditing firms: Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers. The market readiness for such innovations is evident, with a 2025 report indicating that 78% of finance professionals trust AI, and AI spending in financial services is projected to grow 29% annually to reach $97 billion by 2027. Furthermore, 58% of DataSnipper’s new customers are already opting for packages that include AI capabilities, and a significant 86% of professionals would prefer to stay longer at companies offering robust AI support.
Also Read:
- Maximor, Founded by Ex-Microsoft Leaders, Introduces AI Agents to Revolutionize Finance Beyond Excel
- UiPath Integrates Microsoft Azure AI Foundry, Bolstering Enterprise Agentic Automation Capabilities
This collaboration between DataSnipper and Microsoft is poised to redefine the value proposition of audit and finance professionals, setting a new benchmark for efficiency and quality in the industry.
