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DataSnipper transforms audit and finance by acquiring UpLink and launching DocuMine

Oct 15, 202410 months ago

Acquiring Company

DataSnipper

Acquired Company

UpLink

AmsterdamPalm Beach GardensSoftwareDocument ManagementMachine LearningArtificial IntelligenceSoftware

Description

DataSnipper, an intelligent automation platform, has announced the acquisition of AI-native UpLink and the launch of DocuMine, a new AI-powered document validator. This strategic move expands DataSnipper's goal to build a comprehensive AI-powered audit ecosystem with global impact, addressing challenges faced by the global audit industry.

Company Information

Company

DataSnipper

Location

Weteringschans

Amsterdam, North Holland, Netherlands

About

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 500,000 audit and finance professionals in 125+ countries and serves all four of the largest global auditing firms: Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
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Post-acquisition investment
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