The rise of the AI audit – Vidya Peters, CEO, DataSnipper
UKTN | The Podcast
UKTN
5 • 6 Ratings
🗓️ 18 February 2025
⏱️ 29 minutes
🧾️ Download transcript
Summary
Vidya Peters, CEO of DataSnipper, discusses how artificial intelligence is changing the age-old profession of auditing, why it's good to be sceptical of grand government announcements, but there is genuine excitement around Labour's AI plans and why European founders should look beyond their borders when fundraising.
DataSnipper provides audit and finance teams with an intelligent automation platform to reduce the burden of overly manual auditing. Peters believes that alongside auditing, AI has massive potential to relieve the intense pressure on Britain's public services, in particular for the NHS and education system.
Transcript
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| 0:00.0 | A lot of people don't realize that audit is one of the oldest professions in the world. |
| 0:11.0 | It's been around for thousands of years. |
| 0:13.1 | Probably the first sign of an auditor was in 20,000 BC. |
| 0:19.3 | It's quite reasonable to be quite skeptical of governments when they speak about big initiatives, |
| 0:25.2 | but I must say that I was very impressed with the push and the investment that CARE Starmer |
| 0:30.8 | and the team are making in very tangible. |
| 0:34.8 | I don't see an AI having a deposition in front of the SEC to stand for its audit. |
| 0:40.4 | Ultimately, what you and I pay for is the comfort of a person with experience and expertise |
| 0:44.9 | that has stood behind an audit that, you know, you can hold accountable to the audit. |
| 0:50.8 | From the first time founders to the funds that back them, innovation needs different. |
| 0:56.0 | Our episode partner, HSBC Innovation Banking, is proud to accelerate growth for tech and life science businesses, |
| 1:03.0 | creating meaningful connections and opening up a world of opportunity for entrepreneurs and investors alike. |
| 1:10.0 | Discover more at www. |
| 1:12.2 | hsbc innovation banking.com slash EM dashGB. |
| 1:20.9 | Hello and welcome to the UKTM podcast, a weekly chat with the movers and shakers of the UK |
| 1:28.7 | tech industry and the destination for all things UK tech related. I'm your host, Jane Wakefield, |
| 1:34.5 | and today I'm joined by Vidya Peters, CEO of Data Snipper, an AI platform for the audit and finance |
| 1:41.8 | industries. Welcome, Vidya. Thanks so much, Ayn. It's great to be here with you. |
| 1:45.8 | Now, when we think about AI and kind of the industries that it might disrupt, |
| 1:50.7 | you could probably think of any industry, to be fair, |
| 1:53.0 | but audit and finance does seem that there's probably an awful lot of grunt work |
| 1:58.2 | that AI could take away from humans. Is that what data snippet does? Give me a little bit |
... |
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