Episode 141: Vidya Peters: CEO of DataSnipper – How Traceable AI Is Automating Audit & Finance
This week on the EU-Startups Podcast, Marcin Lewandowski sits down with Vidya Peters, CEO of DataSnipper—the Dutch unicorn automating document-heavy audit and finance with enterprise-grade, traceable AI.
Founded in 2017, DataSnipper is used by 600,000+ professionals across 2,000+ customers in 175 countries—including the Big Four (Deloitte, EY, KPMG, PwC) and enterprises like Volkswagen, Morgan Stanley, Paramount, Siemens, Baker Tilly. In 2024, DataSnipper raised a $100M Series B led by Index Ventures at a $1B valuation, was the #1 fastest-growing company in the Netherlands for two years, and completed its first acquisition (UpLink). With multi-language support and industry-specific automation, DataSnipper focuses on what auditors actually need: speed with a regulator-ready audit trail.
In this exciting conversation, Vidya shares her background, the importance of auditors in society, and how DataSnipper is transforming the auditing landscape by automating tedious tasks and enhancing efficiency. The conversation delves into the future of auditing with AI, the significance of trust in the auditing process, and the impact of partnerships, particularly with Microsoft. Vidya also engages in a rapid-fire segment, sharing personal insights and thoughts on the evolving role of AI technology in people's lives.
We go deep on:
– What “traceable AI” looks like for regulators (step-by-step breadcrumbs)
– The one process that makes auditors smile by Friday
– Where agents should own work this quarter—and where humans stay in the loop
– How partnerships (incl. Microsoft ecosystem) make Monday mornings effortless
– The moment auditors say, “I’ll never go back”
Takeaways:
– Traceable AI = evidence, not guesses: every extraction, match, and check leaves a breadcrumb.
– Automate reality, not theory: start with evidence collection & tie-outs (fastest “auditors smile by Friday” win).
– Agents own the repetitive; humans own the judgment: let agents prep, reconcile, and validate; keep materiality & risk with people.
– Trust beats speed when it’s close: preserve human sign-off where stakes are high.
– Platform vision: industry-specific automation + partners + app ecosystem → repeatable outcomes at scale.
Chapters:
00:00 Introduction to DataSnipper and Its Impact
02:30 The Role of Auditors in Society
06:01 Transforming Auditing with Technology
09:33 The Future of Auditing: AI and Automation
12:33 The Importance of Human Auditors
14:25 Partnerships and Effortless Workflows
15:56 Milestones and Future Vision
17:29 Rapid Fire Questions and Personal Insights
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