Simply Powerful and Extraordinarily Easy
Simply Powerful and Extraordinarily Easy
Simply Powerful. Extraordinarily Easy.
Incorporate advanced analytics to give quicker responses to executives, auditors, and regulators
Finance
Getting full visibility across key financial management systems is challenging. Alteryx gives you the ability to access and blend all relevant financial data from your internal systems and those of partners and suppliers.
With the Alteryx APA Platform, it’s possible to bring together data from multiple accounting ledgers and consolidate them for statutory reporting and sub-ledger account analysis. You can manage diverse data sources to create high-quality reconciliations using advanced matching and pattern recognition. Plus, performing risk-weighted asset calculations for capital, interest rate risk modelling, sensitivity analysis, liquidity reporting, and compliance is a lot simpler with code-free and code-friendly analytic capabilities.
Finance professionals can work using standard financial metrics — Net Present Value, Compound Annual Growth Rate, Internal Rate of Return, and many more — without the limitations and restrictions imposed by spreadsheets.
Tax
If you’ve used difficult-to-maintain spreadsheet solutions, you’ll quickly see the value of evolving your process to visual, repeatable workflows in Alteryx. Utilizing effective tax analytics around tax-rate calculations, cash-tax forecasting, tax provisions and returns, book-tax reconciliations, and audit-ready reporting is the solution for a robust strategy.
Now you can adapt your tax analytics with the Alteryx APA Platform to achieve applied decision-making and strategic forecasting, including correlation analyses to identify drivers of effective tax rate disparities from statutory rates. You can also forecast effective and cash taxes, use optimization to determine optimal transfer pricing patterns, and conduct ‘what-if’ analyses ahead of M&A.
Audit
Imagine if you could get a complete analytical view of audit processes across compliance: fraud detection and investigation, risk assessment, operational performance, and internal controls. With a traditional audit strategy, gaining a deeper understanding in the auditing process to identify anomalies and classify potential irregularities is extraordinarily difficult.
By implementing the Alteryx APA platform, it’s easy to perform end-to-end process testing and control validations. In addition, you can lower existing and future audit costs, through scheduling and automation of data collection, preparation, and analysis. You’ll produce earlier identification of high-risk patterns leading to enhanced audit coverage and better management of risks and controls.