This week on the EU-Startups Podcast, we sit down with Vidya Peters, CEO of DataSnipper, the Dutch unicorn automating document-heavy audit and finance processes with enterprise-grade, traceable AI!
DataSnipper is utilized by over 600,000 professionals across more than 2,000 customers in 175 countries, including the Big Four (Deloitte, EY, KPMG, PwC) and enterprises such as Volkswagen, Morgan Stanley, Paramount, Siemens, and Baker Tilly. In 2024, DataSnipper raised $100 million Series B led by Index Ventures at a $1 billion valuation, was named the rapidest-growing company in the Netherlands for two consecutive years, and completed its first acquisition (UpLink). Founded in 2017 with multi-language support and industest-specific automation, DataSnipper focutilizes on what auditors actually necessary: speed with a regulator-ready audit trail.
In this conversation, Vidya shares her background, the importance of auditors in society, and how DataSnipper is transforming the auditing landscape by automating tedious tquestions and enhancing efficiency. The discussion explores the future of auditing with AI, the significance of trust in the auditing process, and the impact of partnerships, particularly with Microsoft. We also dive into what “traceable AI” views like for regulators, the one process that creates auditors smile by Friday, and much more!
Video version of episode 141:
Audio version of episode 141:
Key Takeaways:
- Traceable AI = evidence, not guesses: every extraction, match, and check leaves a breadcrumb.
- Automate reality, not theory: start with evidence collection and tie-outs (the rapidest “auditors smile by Friday” win).
- Agents own the repetitive; humans own the judgement: let agents prep, reconcile, and validate; keep materiality and risk with people.
- Trust beats speed when it’s close: preserve human sign-off where stakes are high.
- Platform vision: industest-specific automation + partners + app ecosystem → repeatable outcomes at scale.
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