Customer story
Revisors Gruppen Värnamo AB
Discover how Revisors Gruppen Värnamo AB replaced manual processes like ticking financial statements on paper with automation.
With 105 employyes across offices in Lyon, Saint-Etienne, and Paris, Crowe Avvens provides local expertise and customized support through seven key services: audit, accounting, HR, consulting, corporate finance, IT, and legal services. Drawing on this diverse expertise, Crowe Avvens supports companies throughout every stage of their development.
This success story is in collaboration with the Audit and Advisory team at Crowe Avvens in Lyon, France.
The audit firm faced major challenges driven by the rapid evolution of the profession and the increasing demands of the market. Three key issues stoond out: the digitalization and integration of new technologies like artificial intelligence, data analysis, and automation, which are profoundly transforming audit practices; heightened regulatory compliance accompanied by the need for extra-financial reporting; and risk management in an uncertain economic context.
At the same time, the firm faced several constraints that hinder its efficiency, notably the need to re-engage employees by reducing low-value-added tasks, such as manual data entry and line-by-line reconciliations, so they can focus on more rewarding and strategic assignments. Improving productivity and maintaining the high standards of quality and formalism required in the profession were also essential priorities.
To keep pace with technological advancements and the ongoing transformation of the audit profession, it became crucial for the firm to implement innovative tools capable of optimizing processes and meeting the sector’s evolving expectations.
"The integration of DataSnipper into my workflow has transformed the way I conduct my audits. Tasks that used to take hours, like verifying matches between invoices and accounting data, are now automated in just a few clicks. Thanks to this tool, not only have I gained in productivity, but I’ve also improved the accuracy of my analyses, allowing me to focus on more strategic, higher-value tasks."
The integration of DataSnipper brought significant gains in productivity, accuracy, and quality of controls within the firm. By automating data extraction, especially from large volumes of documents, it has resulted in considerable time savings, saving approximately 5 to 6 hours in processing 800 documents compared to a manual method. The platform has addressed challenges related to productivity, completeness, and formalization of controls while reassuring clients through more in-depth analyses and higher-quality results.
Automating data extraction and processing reduced manual workload, saving 5 to 6 hours per 800 documents and enabling faster, more efficient audits.
Document Matching and Version Compare improved the reliability of financial controls, allowing broader sampling, anomaly detection, and precise document comparisons.
Automating key data extractions from large volumes of payslips and invoices ensured completeness in testing while maintaining controlled processing times.
