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DataSnipper and Microsoft Launch AI Agents for Audit and Finance

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DataSnipper and Microsoft Launch AI Agents for Audit and Finance
Business

Business

DataSnipper and Microsoft Launch AI Agents for Audit and Finance

2025-10-01 21:00 Last Updated At:21:15

AMSTERDAM, Oct. 1, 2025 /PRNewswire/ -- DataSnipper, the intelligent automation platform for audit and finance teams, today announced the launch of its AI Agents: Disclosure Agents and Excel Agents, marking a breakthrough for the industry. These AI agents are purpose-built for the profession and designed to automate complex audit and reporting tasks while maintaining transparency, accuracy, and compliance.

Disclosure Agents and Excel Agents embed directly into familiar audit workflows and address two of the most time-intensive and error-prone parts of the job: checking disclosures against IFRS/GAAP and running complex tasks in Excel.

"Disclosure Agents and Excel Agents are built to solve our customers' biggest pain points, manual testing, complex disclosures, and fragmented workflows," said Vidya Peters, CEO at DataSnipper. "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."

Why AI Agents Matter in Audit and Finance

Audit and finance professionals face unique challenges: strict regulatory requirements, high volumes of unstructured data, and constant pressure to deliver fast, accurate results under tight deadlines.  Traditional automation can speed up repetitive tasks, but it fails when judgment, structure, or context are required.

DataSnipper's AI Agents change that.

By combining the efficiency of automation with the adaptability of human-like understanding, they deliver faster turnaround on complex, compliance-heavy tasks without sacrificing accuracy. Every output is linked back to its evidence, reducing the risk of AI hallucination and errors.

The result is scalable expertise to handle fluctuating workloads and evolving standards, and more time for analysis and strategic thinking as routine processes are handled by AI.

By embedding AI Agents directly into the tools finance teams already use, DataSnipper delivers innovation that transforms audit, compliance, and financial reporting workflows without disrupting how teams operate today. 

"Building on our collaboration with DataSnipper, this launch highlights how Azure OpenAI can accelerate innovation in complex, regulated environments," said Jaime De Mora, CTO Startups & Digital Natives at Microsoft EMEA. "AI Agents in audit and finance are a powerful example of technology working alongside professionals to enhance quality and efficiency. 

Disclosure Agents – AI That Knows IFRS and GAAP

Disclosure reviews are critical, but painfully manual. Teams spend days reviewing disclosures against IFRS, GAAP, and internal checklists, often working across disconnected tools.

Disclosure Agents eliminate this friction by:

  • Accelerating reviews by analyzing disclosure checklists against financial statements, cutting hours of manual work into minutes. Works across IFRS, GAAP, and other global standards.
  • Cross-checking requirements using firm-specific checklists, internal policies, or imported templates, so reviews reflect both global rules and local practices.
  • Linking every requirement to transparent, verifiable evidence, creating a crystal-clear audit trail and freeing capacity for higher-value work.

In practice, this means annual report disclosures can be reviewed in a fraction of the time, subsidiary reports can be checked for policy alignment automatically, and internal compliance audits can run without monopolizing senior staff.

Excel Agents – Excel-Native Agentic Automation

Audit testing still happens in Excel, and that's not changing. Excel Agents introduce a prompt-driven workflow that automates testing steps end-to-end while keeping everything in the familiar Excel environment.

Excel Agents deliver this by:

  • Automating testing workflows end-to-end, matching sample data to documents, extracting key fields, and comparing results to expectations in a fraction of the time.
  • Working directly in Excel with prompt-driven automation, no complex setup, templates, or retraining required.
  • Delivering explainable, audit-ready outputs with full cross-references, so teams and regulators can trust the results.
  • Freeing capacity for higher-value work, allowing auditors to focus on risks, insights, and strategic advisory instead of copy/paste tasks.

"Collaborating with DataSnipper on new AI Agents demonstrates how AI can enhance, not replace, the human role," said Kevin Murphy, AI Product Lead at Grant Thornton Advisors LLC. "Their focus on embedding AI agents that support interpretability and due care within the user interface reflects a shared commitment to innovation and human-in-the-loop oversight."

Disclosure Agents and Excel Agents mark a significant step in DataSnipper's vision to redefine how audit and finance teams work. By introducing AI agents into the tools these professionals already rely on, DataSnipper is leading the way in creating agentic workflows that make compliance easier, testing faster, and insights more accessible.

About DataSnipper

DataSnipper is transforming data in the audit and finance industry. Founded in 2017, DataSnipper provides audit and finance teams with an intelligent automation platform to drastically increase the quality and efficiency of audit and finance procedures. DataSnipper is used by over 600,000 audit and finance professionals in 175 countries and serves all four of the largest global auditing firms: Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers. DataSnipper is the fastest-growing tech company in the Netherlands two years running and raised $100 million in Series B in 2024, led by Index Ventures at a $1 billion valuation.

Press Contact:
Bas Willems
VP of Marketing
Bas.willems@datasnipper.com

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** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

DataSnipper and Microsoft Launch AI Agents for Audit and Finance

DataSnipper and Microsoft Launch AI Agents for Audit and Finance

ARMONK, N.Y., June 23, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has joined the OpenAI Daybreak Cyber Partner Program, bringing advanced frontier AI capabilities into security operations to help enterprises counter machine-speed threats. Building on the recently announced Project Lightwell, as part of this effort IBM has launched a new application security service that uses the cyber capabilities of OpenAI's models to help organizations identify and validate software vulnerabilities with greater speed, and precision.

Through this program, IBM is working with OpenAI to apply advanced AI capabilities to be deployed defensively inside enterprise workflows where they can help organizations understand and reduce their exposure.

The new application security service can go beyond traditional code scanning to identify and validate vulnerabilities using OpenAI cyber capabilities. AI-driven analysis assesses application code, and prioritizes areas with highest potential to contain flaws and exploitable paths. The security harness, powered by IBM Consulting Advantage – IBM's AI platform for delivering consulting services to clients – connects client application environments to advanced AI in a controlled, secured and governed way. Operating within the client's environment, with read-only access to code repositories and bounded execution, it enables large-scale exposure analysis.

Delivered as a managed, enterprise-ready service, clients can begin with focused evaluations of key applications and expand to continuous monitoring to reassess risk over time as code changes and new threats emerge.

Participation in the OpenAI Daybreak Cyber Partner Program reflects IBM's ongoing role in shaping how frontier AI is deployed across enterprise workflows. Together with OpenAI and other partners, IBM is helping define standards for safeguards including for controlled analysis to help enterprises strengthen resilience.

Project Lightwell combines an enterprise security clearinghouse with a global force of engineers to patch, validate, and manage open source code across the software supply chain. Supported by a $5 billion commitment from IBM and Red Hat, the initiative will use OpenAI's cyber capabilities alongside other frontier AI models to help with code review and remediation.

"Attackers are already using AI to probe, exploit, and scale threats at machine speed. Defenders need the same advantage, with the security and control enterprises require," said Mark Hughes, Global Managing Partner, Cybersecurity Services, IBM Consulting. "The OpenAI Daybreak Cyber Partner Program expands our access to a broader set of advanced AI capabilities, which we deploy within our clients' environments to help surface the most relevant risks faster and help them act with confidence."

"Security is central to realizing the benefits of advanced AI," said Dane Stuckey, Chief Information Security Officer at OpenAI. "Through the OpenAI Daybreak Cyber Partner Program, we are collaborating with AI pioneers like IBM to use frontier models to accelerate defensive security workflows and support enterprises, governments, and other organizations as they identify risks, strengthen resilience, improve security, and ultimately deploy AI with the trust, controls, and compliance their environments require."

The new application security service is available today, with further integrations planned as part of the OpenAI Daybreak Cyber Partner Program.

Statements regarding IBM's and OpenAI's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain a competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contacts:

Elizabeth Brophy
IBM
elizabeth.brophy@ibm.com 

Michele Brancati 
IBM
mbrancati@ibm.com 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

IBM and OpenAI Bring Frontier AI to Cyber Defense--Helping Enterprises Keep Pace with Machine-Speed Threats

IBM and OpenAI Bring Frontier AI to Cyber Defense--Helping Enterprises Keep Pace with Machine-Speed Threats

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