Nucleus Research: Alteryx helps finance teams automate 67% of tax processes

A new report from Nucleus Research says that enterprises can automate 67% of their tax processes by using Alteryx. This is welcome news for tax departments struggling to keep up with the demands of growing compliance requirements and complex tax codes.

The solution, as the report points out, is to use advanced analytics tools to automate tax processes. Nucleus spoke with tax professionals and found that automation is saving enormous amounts of time while also keeping costs in check.

Multiple organizations that adopted Alteryx saw tangible benefits including better workflow automation, extended revenue growth and the upskilling of non-technical users. Among their quantifiable findings:

• An accounting firm enabled 5% revenue growth within 18 months of adopting Alteryx
• An e-commerce provider used Alteryx to drive 25,000 hours of time savings
• A large tax advisory firm automated 67% of its recurring workloads

Read the full report to learn more.