Manual data handling has long been one of the biggest bottlenecks in finance and audit workflows. From endless spreadsheets to repetitive document reviews, the inefficiencies of traditional processes can overwhelm even the most experienced teams. But today, with the rise of AI in finance, these challenges are being turned into opportunities.

At FinovateSpring 2025, Aman Kaur, Corporates Sales Manager at DataSnipper, shared a tale of two finance professionals that rings true for many in the industry and how intelligent automation is reshaping how these teams work.

Real-Life Scenarios: From Manual Mayhem to Automation Wins

Let’s look at two all-too-familiar moments in finance—where manual chaos meets automated clarity.

Eric’s Dilemma: Drowning in Documents
Eric opens a shared folder full of reports he needs to analyze. He sighs. The tables are misaligned, the cells are merged, and copy-pasting is a nightmare. He’s toggling between files, manually keying numbers into Excel, trying to keep up with deadlines. His question: How can I extract all this data faster—and without risking errors?

The Fix:
Eric turns to advanced data extraction tools. With just a few clicks, he imports hundreds of documents into Excel and pinpoints the exact data points he needs. Instead of chasing numbers line by line, he simply defines the fields, runs the extraction, and gets a clean, structured dataset—ready for analysis. No more manual effort. No more formatting mess.

Lucy’s Dilemma: Stuck in the Accuracy Spiral
Lucy is knee-deep in PDFs, comparing drafts of financial statements and verifying system data against outgoing reports. Her eyes are flicking across multiple monitors, calculator in hand, as she manually confirms line items and searches for discrepancies. It’s slow. It’s exhausting. And it’s full of risk.

The Fix:
Lucy activates document matching. She uploads her system data, defines the source and target documents, and clicks "Match All Rows." Within seconds, matches are highlighted, mismatches are flagged, and she’s reviewing—not hunting—data. With financial statement review automation, she can also detect calculation errors and anomalies instantly, cutting review time and eliminating the need for manual math checks.

AI Tools Changing the Game in Finance and Audit

Kaur highlighted several AI-powered tools that are making waves across finance teams:

• Uplink: A smart document request system that simplifies client communication and keeps audit workflows organized.
• DataSnipper’s DocuMine: A secure Excel plugin that accelerates document review using AI-driven automation within familiar spreadsheets.

Both tools are designed specifically to reduce manual effort, increase accuracy, and help finance teams scale.

Data Security: A Non-Negotiable Priority

One of the top concerns when implementing AI in finance is data security. That’s why DataSnipper automatically deletes all processed data after 24 hours, ensuring strict data privacy. The platform never shares, sells, or stores user data—making it a trusted partner for firms that need to meet rigorous compliance standards.

Trusted by Leading Financial Institutions

Organizations across industries—from banking to healthcare—are embracing AI for finance transformation. Companies like:

• Barclays and Morgan Stanley (Banking)
• JLL (Real Estate)
• Siemens (Manufacturing)
• Kaiser Permanente and Blue Cross Blue Shield (Healthcare)

These companies rely on DataSnipper to streamline internal audits, automate financial controls, and reduce operational risk.

AI for Finance Teams of All Sizes

Whether you're part of a global enterprise or a growing finance team, the benefits of AI tools for finance are within reach. As Kaur emphasized, you don’t need a massive tech stack or a full IT department to start automating. You just need the right tools—and a willingness to transform your workflows.

So What Next?

Manual data handling doesn’t have to hold you back. AI-powered finance solutions like DataSnipper are here to help you:

• Work faster with automation
• Reduce errors through intelligent document processing
• Protect sensitive information with built-in security features

Whether you relate more to Eric or Lucy, the future of finance is clear: smarter, faster, and more secure. It's time to turn your data from a burden into a strategic advantage.

Explore how DataSnipper’s AI tools can elevate your team. Contact us to learn more or book a demo today.